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Official: $11B eyed in JPMorgan settlement talks

September 26, 2013
BY MICHAEL VIRTANEN , The Associated Press

ALBANY, N.Y. - An $11 billion national settlement is under discussion to resolve claims over JPMorgan's handling of mortgage-backed securities in the run-up to the recession, said a government official familiar with ongoing negotiations among bank, federal and state officials.

 
 

 

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