A report from the Public Accountability Initiative exposes how corporate America is bankrolling police departments across the country, including many of the same ones facing scrutiny over racist practices.
Corporations like JPMorgan Chase, Chevron and Marathon claim to support the movement for black lives, but their donations to police help “tyrannize the very communities” they claim to stand with.
Prosecutors are scrutinizing a $2.2 billion deal that repackaged home mortgages into bonds in 2007 at RBS and two people who worked on a different residential-mortgage deal at JPMorgan.
Federal prosecutors are pursuing criminal cases against executives from the Royal Bank of Scotland Group (RBS.L) and JPMorgan Chase & Co (JPM.N) for allegedly selling flawed mortgage securities, the Wall Street Journal reported on Tuesday, citing unnamed sources. People familiar with the probes said officials were trying to determine whether
Record fine against company still leaves some wondering when individuals will be held accountable.
The Justice Department finalized a record $13-billion settlement with JPMorgan Chase on Tuesday for misrepresenting the quality of mortgages in mortgage-backed securities in the lead-up to the financial crisis. While the fine marks the largest the DoJ has
