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One News Page » Category » Front Page » Thursday, 5 November 2009 » JPMorgan Pays 75 Million to Settle Jefferson County

JPMorgan Pays $75 Million to Settle Jefferson County Interest-Swap Probe

Reported by Bloomberg
on Thursday, 5 November 2009
(2 weeks ago)

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Bloomberg: JPMorgan Pays 75 Million to Settle Jefferson County

Nov.
4 (Bloomberg) -- JPMorgan Chase & Co.
agreed to a $722
million settlement with the U.S.
Securities and Exchange
Commission to end a probe into sales of derivatives that helped
push Alabama's most populous county to the brink of bankruptcy.

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