From the BBC:
2 October 2012 Last updated at 09:40 GMT
Attorney General wants JPMorgan to pay damages
This is the first action to come out of a working group created by US President Barack Obama looking into the causes of the 2008 financial crash. …
The BBC’s business editor Robert Peston said there were some “jaw-dropping elements” exposed in the suit.
He said it disclosed “a manic and frenzied culture of procuring and packaging as many mortgages as humanly possible, to maintain the bonds spewing…
View original post 179 more words