Nov 4th, 2009 - The Seattle Times
Related topics:
JPMorgan Chase & Co. has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.
The scandal over the county's $3.9 billion debt has pushed it to the brink of filing what would be the biggest municipal bankruptcy in U.S. history. The Securities and Exchange Commission on Wednesday announced the settlement with JPMorgan, which canceled interest-rate swap contracts with the county worth $700 million in March.
Related stories:
JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments
Nov 5th, 2009 - The Huffington Post
WASHINGTON — JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges that it made...3rd UPDATE: JP Morgan Securities Reaches Settlement With SEC
Nov 4th, 2009 - CNNMoney
(Adds comments from former managing directors' attorneys.) By Fawn Johnson and Michael Aneiro Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- J.P. Morgan Securities Inc...
$700m settles JPMorgan bond case
Nov 4th, 2009 - Boston
WASHINGTON - JPMorgan Chase & Co. has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County...
JPMorgan settlement with SEC over 'pay-to-play' in Alabama
Nov 4th, 2009 - USA Today
WASHINGTON — JPMorgan Chase (JPM) has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County...
JPMorgan to Pay $700 Million to Settle S.E.C. Charges
Nov 4th, 2009 - New York Times
WASHINGTON (AP) — JPMorgan Chase has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County...
