10 thoughts on “JPMorgan banking scandals worse and worse

  1. On “Foreclosures rise after bank settlement“

    “Under the terms of the deal, 750,000 foreclosed homeowners might receive a check for $1,500 to $2,000, if they can show that they were improperly evicted.”

    That “settlement” will last about as long a breath mint for the average homeowner, as the banks get away with roughly 750,000 * $150,000 = $112,500,000,000 worth of real estate, assuming $150,000 average market value per unit.

    Charles H
    Texas, USA
    13 July 2012

    http://wsws.org/articles/2012/jul2012/corr-j17.shtml

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