2013-09-24 — huffingtonpost.com
JPMorgan spokesman Brian Marchiony and Justice Department spokeswoman Adora Andy Jenkins declined to comment.
The bank disclosed in August that federal prosecutors in California were conducting criminal and civil investigations into the bank's mortgage securities.
In those investigations, government lawyers concluded that JPMorgan committed civil violations of securities laws in offering mortgage bonds from 2005 to 2007 that were backed by subprime and other risky residential mortgages.''
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