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One News Page » Category » US » Tuesday, 10 November 2009 » Alabama Jefferson County to Use JPMorgan Settlement

Information / Related NewsOpen Full Story in New WindowAlabama's Jefferson County to Use JPMorgan Settlement to Bolster Reserves

Reported by Bloomberg on Tuesday, 10 November 2009 (on November 10, 2009)
Bloomberg
Nov. 10 (Bloomberg) -- Jefferson County, Alabama,
plans to use $50 million it receives from JPMorgan Chase &
Co. as part of settlement of a federal probe of derivative
sales to bolster budget reserves and reinstate a 40-hour
work week for employees.


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