But what do you expect when dealing with 21st century banks? JPMorgan is being investigated by various government aithorities for a number of transactions. The government investigators have accused JP of “manipulative schemes” that transformed “money-losing power
plants into powerful profit centers,” and that one of its most senior
executives gave “false and misleading statements” under oath. Plus, the Madoff situation is also a subject fo interest to the government. And, of course, there is the by now familiar question of JP's handling of home foreclosures.
Is Jamie's star dimming?
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