Nov 4th, 2009 - New York Times
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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, 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 the nation'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.
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JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments
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$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 settlement with SEC worth over $700M
Nov 4th, 2009 - The Seattle Times
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...
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