Jamie Dimon, CEO of JPMorgan Chase (Remixed photo, based on Dimon photo by Steve Jurvetson on Flickr)
29 Jan 2016

JPMorgan Pays Billions To Settle With Ambac, Lehman Brothers

JPMorgan is almost finished paying off the rich people it screwed in the run-up to the 2008 financial crisis. As for the poor? Well, not so much.

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A sign announcing a lender auction rests in the grass outside a foreclosed home in this February 13, 2008 photograph. (Wikimedia Commons / Brendel)
15 Jan 2016

Goldman Sachs To Pay $5.1 Billion For Causing 2008 Financial Crisis

The Too Big To Fail & Jail bank to pay a $2.385 billion civil monetary penalty, make $875 million in cash payments, provide $1.8 billion in consumer relief.

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JPMorgan Chase World Headquarters in New York (Michael Premo on Flickr)
21 Dec 2015

JPMorgan To Pay Over $450 Million For Screwing Clients And Investors

JPMorgan will pay one massive fine for a conflict of interest over its money management firms, and another to settle a lawsuit over the London “fail whale.”

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Mao and Jamie Dimon sit together (Composite Photo: Remy Steinegger and The People's Republic of China Printing Office)
07 Dec 2015

JPMorgan Had ‘Sons And Daughters’ Hiring Program For Chinese Elite

JPMorgan is already under investigation for violating the Foreign Corrupt Practices Act (FCPA), but the WSJ claims there are further crimes.

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Jamie Dimon, CEO of JPMorgan Chase (Steve Jurvetson on Flickr)
18 Nov 2015

JPMorgan Facing Criminal Probe For Pre-Crash Mortgage Securities Fraud

On Tuesday, WSJ reported JPMorgan and RBS are facing criminal probes for selling fraudulent mortgage-backed securities that led to the 08 crash.

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JPMorgan Chase World Headquarters in New York (Michael Premo on Flickr)
12 Oct 2015

Former JPMorgan Vice President Alleges Money Laundering Cover-Up

Last Friday, JPMorgan successfully got a whistleblower lawsuit from former VP Jennifer Sharkey tossed out of federal court.

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1 Wall Street, the Bank of New York Buidling By Jim in Times Square (Flickr) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
01 Sep 2015

BNY Mellon Bank Settles Corruption Charges Over Hiring Foreign Officials’ Relatives

On August 18, the SEC announced that the Bank of New York Mellon Corporation (BNY Mellon) agreed to pay $14.8 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), when the bank gave out highly sought-after student internships to the relatives of foreign government officials in

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File: A close up of a credit card, showing part of the number. (Flickr / Ed Ivanushkin)
04 Aug 2015

JPMorgan And Citigroup Pay Over $800 Million For Credit Card Crimes

Fraudulent paperwork, cheated counterparties, robosigning — no it’s not the housing crisis again. This time the crimes are related to the Too Big To Fail/Jail banks’ conduct with credit cards. Both JPMorgan and Citigroup have now reached settlements with the government related to their criminal credit card practices.

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