ALJAZAM Real Money With Ali Velshi October 22, 2013
Conversation for the next half hour by using the hashtag ajrealmoney. 13 billion is how much jpmorgan could payout for misleading investors. It would settle a slew of state and federal investigations in to whether the bank misrepresented the value of the loans it packaged. While a final deal with the Justice Department has now been announced, here is what we can glean from reports that on have been leaked. 4 billion would go to the agency that regulates fannie mae and freddy mac, the mortgage giants that lost billions. Another 4 billion would go for consumer relief. That may include lowering t...