"In agreements with regulators totaling $1 billion and made public on
Thursday, the nation's biggest bank settled four civil investigations
into its "London Whale" trading scandal and two more into the wrongful
billing of credit-card customers.
The deals, which involve five
authorities from the United States and one from the UK, are a milestone
in the company's push to clean up its legal affairs but leave JPMorgan
exposed to additional costs and embarrassment."* The Young Turks hosts
Cenk Uygur breaks it down.
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