JP Morgan will pay a 3 billion Euros fine for its subprime mortgages
The bank agrees on a compensation for giving US state agencies toxic assets
FACUA.org
América-19/10/2013
The New York bank JP Morgan Chase & Co has agreed to pay 4 billion (about 3 billion Euros) to US authorities for having misinformed the government sponsored enterprises Fannie Mae and Freddie Mac about the quality of the assets sold before the start of the housing bubble investigation.
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