Tag Archives: London Whale

JP Morgan to Pay Billions, Grand Slam

Sunday, October 20, 2013

  Money, Money: JP Morgan Chase is considering a record $13 billion settlement with the Justice Department over its sale of bad mortgage securities. If it goes through, it would be the largest such settlement in US history. The settlement …

“Shameful Chapter” Ends

Thursday, October 17, 2013

Kick the Can: Federal workers are returning today after President Obama signed a resolution to re-open the government and raise the debt ceiling. Republicans got almost nothing out of a nuclear standoff. After 16 days of a government shutdown and …