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J.P. Morgan Forfeits Millions in Settling Alabama Bribery Case

Reposted from: http://www.nwotruth.com/j-p-morgan-forfeits-millions-in-settling-alabama-bribery-case/

November 4, 2009 @ 10:49 pm

J. P. Morgan Securities will forfeit hundreds of millions of dollars in fees on derivatives contracts that it sold an Alabama county, under a settlement announced Wednesday that could offer hope to other governments staggering under similar deals. The Securities and Exchange Commission charged in a lawsuit on Wednesday that J. P. Morgan had made unlawful [...]

Contributor: Economy, NWO Truth