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by bonemachine
4551 days ago
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There is no reason other than visibility and a personal grudge that this is targeted at JPMorgan v. the other banks. This is, at best, very tenuous speculation. The charges against JPM were quite specific, related to violations of the Bank Secrecy Act during 2007-2008. And the physical record -- in the form of subpoenaed evidence in support of JPM's culpability in these charges -- were apparently obvious and damning enough that JPM agreed to the penalties to forego criminal prosecution. Whether Mr. Dimon got huffy after a committee meeting in 2009 has nothing to do with it. |
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