CNN EarlyStart October 21, 2013 09:24:00
Meetings with eric holder and jamie dimon. many of the mortgage-backed securities in question are required at the request of the government. remember in the financial crisis in 2008? jp morgan stepped in and bought baird stearnes. they are written either a lot of bad mortgages or sold them to the government and that is the problem. the government taxpayers -- you and i, taxpayers, paid a huge bailout for fannie mae and freddie mac to absorb this garbage that were written and, you know, -- crazy. any way jp morgan has paid a billion in fines. this is a very bad year for jamie dimon. they paid $...
Source: archive.org