ALJAZAM Real Money With Ali Velshi November 17, 2014
Money. It was a year ago this month that attorney general eric holder announced a 13 billion settlement with Jpmorgan Chase. Americas biggest bank. Jpmorgan admitted to misleading investors about the quality of mortgages bundled into securities between 2005 and 2008. In other words, the bank knew that some of the loans were highly likely to default burning investors, this was a civil settlement and no individuals at jpmorgan or any other bank have been charged with crimes. That, itself, is a crime in the minds of Many Americans whose Financial Lives were destroyed as the economy created along ...