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Bank and client funds. in april 2011, the bank paid a $56 million settlement for overcharging active-duty service members on mortgages. in june of that year, they paid $153.6 million in penalties for misleading investors. in july, they ponied up $228 million in a settlement on charges that they rigged municipal bonds transactions. and last month, it was reported the bank was in negotiations with the justice department over a $13 billion settlement for wrongdoing before and during the housing crisis. it has been a rough couple of years for the bank, to say the least. but not everyone has been p...

Foreclosures to yesterday's news. >> jpmorgan in the process of making a huge settlement with the federal government. but criminal charges are still possible. >> at the same time jpp morgan -- ultimately going up. the compensation of the chief executive jamie dimon totaling more than $61 million from 2010 through 2012 alone. and the accolades are more affordable. >> it's a cash generating machine, sure they have had their regulatory issues, but he's looking to settle them. jpmorgan posted a loss because of all the legal expenses, but under jamie dimon, that didn't come from the hand of the mar...

July 2011, 228 million dollar settlement of 93 rigged municipal bond transactions in the united states. 900 other instances of the settlements, fines -- credit card fees to -- improper home foreclosures to yesterday's news. >> jpmorgan in the process of making a huge settlement with the federal government. but criminal charges are still possible. >> at the same time jpp morgan -- ultimately going up. the compensation of the chief executive jamie dimon totaling more than $61 million from 2010 through 2012 alone. and the accolades are more affordable. >> it's a cash generating machine, sure they...

Settlement of 93 rigged municipal bond transactions in the united states. 900 other instances of the settlements, fines -- credit card fees to -- improper home foreclosures to yesterday's news. >> jpmorgan in the process of making a huge settlement with the federal government. but criminal charges are still possible. >> at the same time jpp morgan -- ultimately going up. the compensation of the chief executive jamie dimon totaling more than $61 million from 2010 through 2012 alone. and the accolades are more affordable. >> it's a cash generating machine, sure they have had

Business models ever, a cash-generating machine, creates jobs left and right, couldn't butts to communities and anchor for other businesses. no, let's dictate to them what they should pay people so all of a sudden they can't hire as many. this is a bad thing and would set a bad precedent if it gets through to the rest of the country. >> speaking of a precedent, ben, listen, we do have minimum wage across the country. if all of a sudden it was $12.50, would that help the job market or hurt the job market? >> it would hurt it plenty. there are an awful lot of businesses that operate on a slender...