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U.S. Poised to Announce $13 Billion JPMorgan Settlement

1 pointsby scgover 11 years ago

1 comment

salientover 11 years ago
Yet again, this is just the cost of doing business, and no one is going to prison.<p>If what they didn&#x27;t wasn&#x27;t so illegal, they wouldn&#x27;t be paying $13 billion to settle. If they settled for that much, the damage to them, either the bank itself, or the executives could&#x27;ve been 10x greater if they went to trial.