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PBS NEWSHOUR

Will JPMorgan's settlement set incentives for better banking

  • Aired: 11/19/2013
  • 07:34
  • Rating: NR
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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