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Sin City..is willing to pay out less than a Cent in the $ for swindling an estimated $4 Trillion, nothing though...for the actual customers they for years swindled Daily.

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[QUOTE=coalition;1133836]Banking giant JPMorgan Chase (they actually had the cheek to topple Lehmans - accuseing them of selling JP dishonesty Bank just a mere $3Bn in bent mortgages to, THAT BASTION OF HONESTY, JP Morgan) has set aside almost $6bn (£3.8bn) to cover legal costs amid the US Justice Department’s probe into its foreign exchange arm.

It had previously put aside $4.6 billion but raised its loss estimate as it revealed the probe will focus on its spot foreign-exchange trading activities and controls.
London is home to approximately 40% of the world’s foreign exchange trading. JP Morgan follows banking rivals RBS, Lloyds and HSBC in putting huge sums aside to tackle the investigations.

Just like Branson, they PR the swindle to the Regulator, who keeps the minor contribution wherever Regulators keep their stash money...but those, who were actually swindled...get nader/nothing; what a great game the City have invented; rob the masses of £Trillions and pay Cents for the licence when caught out.
[URL]http://www.standard.co.uk/business/business-news/jp-morgan-puts-6-billion-aside-amid-forex-probe-9837418.html[/URL][/QUOTE]
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