JPMorgan Private Bank

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JPMorgan Agrees to Record Financial Crisis Penalty

Company officially strikes $13B settlement

(Newser) - Quick, somebody #AskJPM how it feels to pay the largest civil settlement in history . JPMorgan Chase & Co. has reached a record $13 billion deal with federal and state authorities, resolving claims over the bank's sales of mortgage-backed securities that collapsed during the US housing crisis. It is the...

Beck Repeats Shoddy Stats on Obama Cabinet
Beck Repeats Shoddy Stats on Obama Cabinet
reality check

Beck Repeats Shoddy Stats on Obama Cabinet

Claim that only 10% of cabinet had private sector cred debunked

(Newser) - Glenn Beck’s claim that “under 10%” of Barack Obama’s cabinet appointees have “any experience in the private sector” turns out to be a bad statistic pulled from the internet. The tidbit originated in a study from JPMorgan Private Bank CIO Michael Cembalest, PolitiFact reports. Cembalest looked...

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