Seeking Alpha

A judge lets stand the FHFA's lawsuit against JPMorgan (JPM) accusing the bank of misleading...

A judge lets stand the FHFA's lawsuit against JPMorgan (JPM) accusing the bank of misleading Fannie and Freddie into buying as much as $33B of poorly underwritten mortgages.
Comments (6)
  • Fool me once, shame on you....
    Bet you Chase and Mr. Dimon will think twice before doing the Fed any more favors. Even Barney Frank came out against this suit. Sheesh!
    5 Nov 2012, 03:24 PM Reply Like
  • the dept of treasury needs the revenue
    5 Nov 2012, 04:57 PM Reply Like
  • They bail 'em out and then fine 'em?

     

    Tom Waits was right: 'the large print giveth and the small print taketh away'
    5 Nov 2012, 08:26 PM Reply Like
  • JPM didnt want or need bail out. Thery tried to turn it down and the government made them take it.
    6 Nov 2012, 05:23 AM Reply Like
  • Can you believe this? Next time Let the Adminstration eat the losses.
    6 Nov 2012, 05:19 AM Reply Like
  • If all of the above is true, then JPM has a case to fight in court.
    27 Aug 2013, 03:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)