JP Morgan Coughs Up $153M to Settle Fraud Case

JPMorgan has paid $153.6 million to settle SEC charges that it misled investors as it scrambled to offload mortgage-backed securities before the 2007 collapse in the housing market, reports Reuters . ” We are soooo pregnant with this deal, we need a wheel-barrel to move around,” the exec in charge of…

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JP Morgan Coughs Up $153M to Settle Fraud Case

Posted by on June 22, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.