JPMorgan Guilty Plea Shows DOJ Tougher Bank Stance

JPMorgan Chase CEO Jamie Dimon went to Washington almost a month ago to see if U.S. Attorney General Eric Holder would settle a criminal probe of mortgage fraud at the bank if it paid more money to resolve related civil investigations. Holder's team, which included Deputy Attorney General James...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	National Mortgage News 2013-10, Vol.38 (7), p.36
1. Verfasser:	Bloomberg News
Format:	Artikel
Sprache:	eng
Schlagworte:	Attorneys general Banking industry Banks (Finance) Chief executive officers Criminal investigations Criminal liability Criminal pleas Financial institutions Financial services Fines & penalties Fraud Fraud investigation Investigations Mortgage backed securities News agencies Public prosecutors Sales Scandals Settlements & damages Working groups
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	JPMorgan Chase CEO Jamie Dimon went to Washington almost a month ago to see if U.S. Attorney General Eric Holder would settle a criminal probe of mortgage fraud at the bank if it paid more money to resolve related civil investigations. Holder's team, which included Deputy Attorney General James Cole and Associate Attorney General Tony West, said ending the investigation by the U.S. attorney in Sacramento would require the bank to plead guilty to something, according to a person familiar with the talks.
ISSN:	1050-3331