Commodity Trade Mantra

Posts Tagged ‘Justice Department’

JPMorgan Urged to Pay More in Mortgage Deal

After JPMorgan raised its total offer to $11 billion, the disparity in negotiating positions narrowed significantly – And the size of the fine is not the central negotiating point for JPM. JPMorgan is focused on using the pact to resolve many investigations it faces.

U.S. Justice Department Preparing To Sue JPMorgan

The U.S. Justice Department is preparing to sue JPMorgan Chase & Co (JPM) over mortgage bonds it sold in the run-up to the financial crisis, a sign the bank’s legal troubles are not yet over.

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