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mbs

Jefferies Group LLC, MBS Fraud, and Arrests

Jefferies Group LLC, MBS Fraud, and Arrests   Jefferies Group LLC is an American global investment bank and institutional securities firm headquartered on Madison Avenue in New York. Jefferies Group has coverage groups spanning across all industries including Aerospace & Defense, Business Services, Consumer & Retail, Energy,…>read more

No Comment January 29, 2014

JPMorgan Chase & Company CEO Gets Raise after Billions in Fines

JPMorgan Chase & Company CEO Gets Raise after Billions in Fines   JPMorgan Chase & Company will pay Chairman and CEO Jamie Dimon $20 million for his work during 2013, after restoring most of the $11.5 million cut directors inflicted a year earlier after the company’s spin-off loss. On Friday, in…>read more

No Comment January 24, 2014

Jamie Dimon Meets with Attorney General

Jamie Dimon Meets with Attorney General     JPMorgan chief executive Jamie Dimon met with Attorney General Eric Holder regarding the company’s mortgage-backed securities situation.  An insider with knowledge of the situation spoke on anonymity. On the condition of anonymity, a government official familiar with ongoing…>read more

No Comment September 26, 2013

JPMorgan Being Investigated Over MBS

JPMorgan Being Investigated Over MBS   JPMorgan Chase &Co, the largest bank by assets, is being criminally investigated by the U.S. Department of Justice over its mortgage-backed securities. The mortgage backed securities were securitized loans on mortgages using the equity value as collateral. The primary issue…>read more

No Comment August 7, 2013