How would you feel if you just settled several government cases for $1 billion and you were still under the gun in California and Pennsylvania and with HUD and the CFTC? That's what Jamie and his crew face. A lot of the problem is tied to the bank’s mortgage
business, some of which is due to the dealings of Washington Mutual, which JP bought. But the investigations also are looking at the London Whale case once more as well as the bank's debt collection practices and its
hiring of the children of well-connected Chinese officials.
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