Government set to announce $13B settlement with JPMorgan

[700UW]

http://money.cnn.com/2013/11/19/investing/jpmorgan-mortgage-settlement/
 
The head of a federal task force on mortgage fraud announced a news conference Tuesday to discuss the government's expected $13 billion settlement with JPMorgan.
 
At issue are allegations that JPMorgan and firms it later purchased sold risky mortgage securities in the run-up to the financial crisis while misrepresenting their quality. JPMorgan purchased struggling Bear Stearns and Washington Mutual in 2008.

 

[SparrowHawk]

Ever ask yourself why NOBODY is going to jail?
 
If you want a hint as to why take a look at who gave what to whom both presidential elections since Bush. Draw your own conclusions.