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CNN CNN Newsroom October 21, 2013 17:42:00 - Vimarsana News

CNN CNN Newsroom October 21, 2013 17:42:00

Dollars to resolve several federal investigators. the justice department has been looking into accusations they misrepresented bad mortgages it sold to investors leading up to the 2008 financial crisis. once finished, that could be the biggest settlement from a single financial institution in the wake of the 2008 crisis. alison kosik is over at the new york stock exchange watching all of this. that's a huge number, alison. $13 billion. >> it really is huge. but it is something, believe it or not, p morgan still can handle. keep in mind this settlement still needs to be finalized. if it is fina...

CNN The Bravest Girl in the World October 19, 2013 23:21:00 - Vimarsana News

CNN The Bravest Girl in the World October 19, 2013 23:21:00

Senate confirms jpmorgan chase reached a $13 billion deal for investigations of the mortgage business. they tell cnn the deal provides jpmorgan chase would pay $9 billion in fines and penalties. mortgage backed securities helped trigger to collapse that caused a financial crisis. edwin is tracking the story. how it might help homeowners under water. here is what he said. >> for homeowners, there might be some of this money that will end up benefiting people whose mortgages are under water, for instance. there's $4 billion in this deal that is supposed to go toward consumer relief. >> jpmorgan ...

CNN The Situation Room October 19, 2013 22:16:00 - Vimarsana News

CNN The Situation Room October 19, 2013 22:16:00

Collapse that caused a huge financial crisis. jpmorgan executives could still face charges in the future. the officials tell cnn the deal does not include an agreement that the company had sought. cnns justice reporter, evan perez joins us by phone. what does this mean to you and me and the people watching? >> don, i think for jpmorgan, it's going to provide them with some measure of reassurance they can drop this. they set aside $23 billion to settle various investigations that are still ongoing. for homeowners, there might be some of this money that will end up benefiting people whose mortga...