With the bank’s legal woes escalating — at least seven federal agencies, several state regulators and two foreign countries are investigating the bank — JPMorgan announced this month that it would have to allot $9.2 billion to cover legal expenses alone. The huge legal bill led the bank to report its first quarterly loss under Mr. Dimon’s leadership .Lawyers win Freedom for Banksters,no Jail,pay 9.2 Billion.
Posted on: Sun, 20 Oct 2013 14:01:18 +0000
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