2013-10-30huffingtonpost.com

``Also at issue is a long-running disagreement between the bank and the Federal Deposit Insurance Corp over legal liabilities from JPMorgan's takeover of Washington Mutual assets and obligations during the financial crisis.

JPMorgan, which acquired Washington Mutual from the FDIC for $1.9 billion at the height of the financial crisis, has disputed its responsibility to cover losses incurred by investors on the failed thrift's mortgage securities.''


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