AG Beau Biden Announces Settlement with JP Morgan Chase

Nov 19, 2013 -- 6:27pm

Delaware AG Beau Biden announced today/yesterday that JP Morgan Chase will pay $19.7-million to settle allegations that stem from conduct that helped to cause the economic crisis.  This is an effort by Biden to hold accountable those who are responsible for the mortgage foreclosure crisis.  This settlement is part of a global agreement that JP Morgan Chase reached with the US DOJ and 4 other states – the resulting losses were catastrophic.  

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