Seeking Alpha

The Bear Stearns purchase comes back to haunt again as JPMorgan (JPM) is sued by the National...

The Bear Stearns purchase comes back to haunt again as JPMorgan (JPM) is sued by the National Credit Union Administration over the sale of $3.6B in toxic MBS during the property bubble. Last month, the bank settled with the SEC for $297M over the alleged MBS malfeasance of Bear Sterns.
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