Will JPMorgan's settlement set incentives for better banking
Clip: 11/19/2013 | 7m 34s
Will JPMorgan's record settlement set incentive for better bank behavior?
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.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...