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Post by bot on Oct 20, 2013 8:42:09 GMT -5
J.P. Morgan reaches $13 bln deal with DOJ SAN FRANCISCO (MarketWatch) -- J.P. Morgan Chase & Co. has reached a tentative $13 billion deal with the Department of Justice to settle investigations of its mortgage-backed securities business, The Wall Street Journal reported Saturday, citing an unnamed person. The agreement has not been finalized and there are still issues to be resolved, the newspaper said. If the agreement stands, it would represent the largest settlement the U.S. government has reached with a single company, according to the Journal daily weblog archives www.usdemocrats.com/weblogcompendium usdemocrats.proboards.comtwitter www.twitter.com/usdemocratsgeo information portal www.1t23.com
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