JPMorgan Seeks Global Settlement with Department of Justice

JPMorgan Chase’s CEO Jaime Dimon met with Attorney General Eric Holder to discuss a settlement over improper mortgage practices by the bank.  JPMorgan’s current offer is the payment of $7 billion in fines and another $4 billion to relieve struggling homeowners.  The government apparently wants more that the proposed $7 billion in fines and penalties.  […]