Washington Mutual demanda a la FDIC por 17 billones US$ + daños

Bravo !!!!! Clap clap clap clap pónganle una camisa de fuerza a ese corto :) ;)

Das pena chico

A mi me da más pena el que no tiene nada mejor que hacer q responder una y otra vez. Haztelo fácil.

Van a colaborar... :) :) esto se empieza a animar

"One significant obstacle stands in the way of a deal: whether JPMorgan will admit to all of the improper actions cited by the Justice Department. Banks are typically loath to acknowledge wrongdoing, fearing it could expose them to a raft of shareholder lawsuits.

Mr. West and Mr. Cutler are negotiating over a statement of facts in the case that would address the wrongdoing issue, the people briefed on the talks said. Those negotiations could hit a snag if JPMorgan seeks to limit the conduct that the Justice Department wants to include."

http://www.4-traders.com/JPMORGAN-CHASE--CO-4831/news/JPMorgan-Chase--Co--JPMorgan-in-tentative-13-billion-deal-with-US-Justice-Dept-source-17376623/

JPMorgan Chase & Co has reached a tentative $13 billion (8.03 billion pounds) agreement with the U.S. Justice Department to settle government agency investigations into bad mortgage loans the bank sold to investors before the financial crisis, a source said on Saturday.
The tentative deal does not release the bank from criminal liability for some of the mortgages it packaged into bonds and sold to investors, a factor that had been a major sticking point in the discussions, the source said.

As part of the deal, the bank will likely cooperate in criminal inquiries into certain individuals involved in the conduct at issue, the source, who declined to be identified, said.

Officials at JPMorgan and the Justice Department declined to comment.

Another source close to the discussions characterized a deal as likely, but cautioned that parts of the agreement are still being hammered out, and the settlement could conceivably fall apart.

The record settlement could help resolve many of the legal troubles the New York bank is facing. Earlier this month JPMorgan disclosed it had stockpiled $23 billion in reserves for settlements and other legal expenses to help cover the myriad investigations into its conduct before and after the financial crisis.

The deal is being hammered out by some of the most senior officials at the Department of Justice and the largest U.S. bank. Attorney General Eric Holder and JPMorgan Chief Executive Jamie Dimon spoke on the phone on Friday night to finalize the broad outlines of the broad deal, the first source said.

The bank's general counsel Stephen Cutler and Associate Attorney General Tony West are negotiating a statement of facts that will be part of a final agreement, the source said.

Long considered one of the best-managed banks, JPMorgan has stumbled in recent years, with run-ins with multiple federal regulators as well as authorities in several states and foreign countries over issues ranging from multibillion-dollar trading losses and poor risk controls to probes into whether it manipulated a power market.

In September, as the Justice Department prepared to sue the bank over mortgage securities that the bank sold in the run-up to the financial crisis, JPMorgan tried to reach a broader settlement with DOJ and other federal and state agencies to resolve claims over its mortgage-related liabilities stemming from the bust in house prices.

Dimon went to Washington to meet with Holder on September 25, and discussed an $11 billion settlement at that point.

Some of the problems relate to mortgage bank Washington Mutual and investment bank Bear Stearns, two failing firms that JPMorgan took over in 2008.

The bank and the Justice Department have been discussing a broad deal that would resolve not only the inquiry into mortgage bonds it sold to investors between 2005 to 2007 that were backed by subprime and other risky residential mortgages, but also similar lawsuits from the Federal Housing Finance Agency, the National Credit Union Administration, the state of New York and others.

The broader settlement is a product of a government working group created nearly two years ago to investigate misconduct in the residential mortgage-backed securities market that contributed to the financial crisis. Officials from the Justice Department, the New York Attorney General and others helped to lead the group.

Reuters reported late Friday that JPMorgan and FHFA had reached a tentative $4 billion deal. That agreement is expected to be part of the larger $13 billion settlement.

Hay que contentar a los chinos a TPG y por último a los accionistas de la vieja WAMU.

http://www.bloomberg.com/news/2013-10-18/jpmorgan-tower-sale-sets-record-for-chinese-in-new-york.html

JPMorgan Chase & Co. (JPM)’s deal to sell 1 Chase Manhattan Plaza to Fosun (656) International Ltd. would be the largest purchase of a New York building by a Chinese buyer, showing Asian investors’ growing appetite for U.S. real estate.
Shanghai-based Fosun, run by billionaire Guo Guangchang, agreed to buy the 60-story lower Manhattan tower for $725 million, according to a statement filed to Hong Kong’s stock exchange. The 2.2 million-square-foot (204,000-square-meter) steel skyscraper was completed in 1961.

La caja de pandora está a punto de abrirse y Jamie Dimon va a caer con toda la plana.

Seguro Mr Simpson? RICO comprando estas maravillosas acciones?

Porque te gusta desviar tanto la atención? Comenta sobre las noticias si te apetece RICO es la posibilidad de pedir daños x 3 si se prueba fraude o acciones criminales que llevaron o transcurrieron durante la Bancarrota.
Dimon ha insistido mucho en este punto y no se lo han concedido