2014-11-07 17:59:07

Whistleblower: How JPMorgan Chase Helped Wreck the Economy and Avoid Prosecution

A year ago this month the U.S. Department of Justice announced that the banking giant JPMorgan Chase would avoid criminal charges by agreeing to pay $13 billion to settle claims that it had routinely overstated the quality of mortgages it was selling to investors. But how did the bank avoid prosecution for committing fraud that helped cause the 2008 financial crisis?

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Financial Crisis JP Morgan Matt Taibbi War On Whistleblowers

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