Feds throw support behind lawsuit against JPMorgan

WASHINGTON — The federal government on Tuesday threw its support behind a lawsuit against JPMorgan Chase accusing Bear Stearns, the investment bank JPMorgan bought in 2008, of engaging in massive fraud in deals involving billions in residential mortgage-backed securities. At a news conference, acting Associate Attorney General Tony West credited a federal-state working group of [...]

Read more: http://thedailyrecord.com/2012/10/02/feds-throw-support-behind-lawsuit-against-j...
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