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JPMorgan Sued Over Mortgage-Backed Securities

by Steve Inskeep, NPR
October 2, 2012

New York's Attorney General has filed fraud charges against JPMorgan Chase. The civil complaint alleges fraud in the sale of mortgage backed securities in the run up to the 2008 financial crisis. The securities at issue were put together by Bear Stearns, but that firm collapsed and was acquired by JPMorgan.

Broadcast Dates

  • Morning Edition, October 2, 2012
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