JPMorgan strikes tentative deal with Justice

"JPMorgan Chase has reached a tentative agreement with the Justice Department to pay $13 billion to settle civil investigations related to the bank’s sale in the lead up to the 2008 financial crisis of mortgage-backed securities that were packed with bad loans, according to a person close to the negotiations.

"The deal was reached Friday night in a call involving Attorney General Eric Holder and JPMorgan Chase CEO Jamie Dimon, the source said."

JOSH GERSTEIN and JON PRIOR 

Jamie Dimon, the man behind  2008 financial crisis of mortgage-backed securities that were packed with bad loans. How is your trust level of either JPMorgan Chase & Co or Jamie Dimon? 

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They always get away with a fine that's small compared with the "take", and no jail time. That's part of our systemic corruption.

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