PBS NewsHour

Will JPMorgan's settlement set incentives for better banking

Clip: 11/19/2013 | 7m 34s

JP Morgan Chase agreed to pay a record $13 billion in fines and compensation to investors and struggling homeowners. The nation's largest bank admitted it misrepresented mortgage-backed securities that collapsed in 2008. Gwen Ifill gets reaction from Lynn Stout of Cornell University and banking consultant Bert Ely.

Aired: 11/19/13

Rating: NR

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