JPMorgan Chase has agreed to shell out $4.5 billion to institutional investors to settle claims that the bank, and Bear Stearns, which JPMorgan acquired, sold them shoddy mortgage bonds from 2005 to 2008, The New York Times reports. The payout …
JPMorgan Chase has agreed to shell out $4.5 billion to institutional investors to settle claims that the bank, and Bear Stearns, which JPMorgan acquired, sold them shoddy mortgage bonds from 2005 to 2008, The New York Times reports. The payout …
