JPMorgan Chase to pay $13 billion. They knowingly sold faulty mortgage securities.

[rdean]

JPMorgan agrees to tentative $13 billion settlement with U.S. over bad mortgages - The Washington Post

You know that if Republicans had their way, this would never have happened.

Remember how they blocked Obama from investigating the Gulf Oil Spill?

Subpoena power in BP oil spill investigation blocked by Senate Republicans

Business is the right wings "church".

 

[rdean]

Republicans hate these threads.

 

[OnePercenter]

Add that to the BILLIONS that Wells Fargo, B of A, etc. have paid in fines for wrong doing. Too bad the previous administration didn't police well.

 

[CrusaderFrank]

They sold them to Fannie and Freddie who told everyone they wanted to buy all the faulty securities they could get and slap an AAA rating on.

Once again, had the US government stayed out of the housing market, this wouldn't have happened.

Freddie Mac was started to buy mortgages from S&L and less than a decade later the entire S&L industry, in business for 200 years, collapsed

 

[American_Jihad]

Who gets JPMorgan's $13 billion fine?

The US and its largest bank have tentatively reached a record settlement over shady mortgages. Where the money goes may surprise you.

By The Week 14 hours ago

...

Who gets JPMorgan's $13 billion fine?- MSN Money


Divvying up the $13 billion JP Morgan fine
Divvying up the $13 billion JP Morgan fine | Marketplace.org




---> http://www.usmessageboard.com/polit...ic-downturn-in-2007-why-this.html#post8029628


...

 

[OnePercenter]

Who gets JPMorgan's $13 billion fine?

The US and its largest bank have tentatively reached a record settlement over shady mortgages. Where the money goes may surprise you.

By The Week 14 hours ago

...

Who gets JPMorgan's $13 billion fine?- MSN Money


Divvying up the $13 billion JP Morgan fine
Divvying up the $13 billion JP Morgan fine | Marketplace.org




---> http://www.usmessageboard.com/polit...ic-downturn-in-2007-why-this.html#post8029628


...

Think about it; If you hadn't voted for Bush we'd not have this problem.

 

[American_Jihad]

Who gets JPMorgan's $13 billion fine?

The US and its largest bank have tentatively reached a record settlement over shady mortgages. Where the money goes may surprise you.

By The Week 14 hours ago

...

Who gets JPMorgan's $13 billion fine?- MSN Money


Divvying up the $13 billion JP Morgan fine
Divvying up the $13 billion JP Morgan fine | Marketplace.org




---> http://www.usmessageboard.com/polit...ic-downturn-in-2007-why-this.html#post8029628


...

Think about it; If you hadn't voted for Bush we'd not have this problem.

Think about it; If you hadn't sucked a cack I wouldn't have to call you a cack sucker...