JPMorgan Chase: $9.2 Billion, Maybe, For Whatever

The punitive costs paid by JPMorgan will, however, continue to grow, if not through settlements than through other expenses.
By Diane Sweet — October 12, 2013

$9.2 billion, maybe, for whatever (via The Economist)

JPMORGAN CHASE managed to remain profitable throughout the financial crisis and performed unusually well in the dry period that followed, but a quarterly loss it reported on October 11th reflected a variable even it could not control: government litigation…

 

Can you help us out?

For nearly 20 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Become a subscriber:
 
Make a donation:

If you don't mind the ads and would rather donate, please select one of the options below:

Kindest
Donate via PayPal
Via Snail Mail
payable to: Crooksandliars
528 Palisades Drive
Ste 548
Pacific Palisades, CA 90272

Explore more

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon