Dissecting JPMorgan's $13 Billion Settlement

Receiving Wide Coverage ...

How Justice Built Its Case Against JPM: The $13 billion civil settlement JPMorgan Chase reached with the Justice Department on Tuesday, the largest penalty a single company has ever paid to the government, started with the Justice Department's discovery of a 2006 meeting in which bank executives decided to continue selling shoddy mortgage securities despite major red flags, according to the Wall Street Journal. As part of the civil settlement, JPMorgan acknowledged...