Biggest 2013 Headline: JPMorgan's Legal Nightmares

In this special edition of the Motley Fool's everything-financial show, Where the Money Is, Fool financial analysts Matt Koppenheffer and David Hanson take a look back at JPMorgan Chase's legal woes during 2013. Despite doling out billions via legal settlements, the bank was still wildly profitable over the past 12 months.

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  • Report this Comment On January 05, 2014, at 5:30 PM, SSBN620 wrote:

    I just cancelled my Motley Fool membership because of disturbing stories like this. Should we invest in a wildly profitable bank like JPMorgan, no matter what laws they violate, no matter what markets they manipulate, just for the sake of profit? Should we embrace Obamacare, no matter who gets hurt, no matter what constitutional provisions are trampled, for the sake of the almighty dollar? Thanks but no thanks. I like to sleep at night, and what comes around goes around.

  • Report this Comment On January 05, 2014, at 8:14 PM, funfundvierzig wrote:

    For a decade, JP Morgan has been racing Bank of America to be the most fraud-infested financial institution in North America. Ultimately, however, ENRON Ethics destroys shareholder value; it does not build shareholder value. Ask the erstwhile stockholders of ENRON.


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David Hanson

David has been with The Motley Fool since 2013. He is a graduate of the University of Miami. Follow David on Twitter for all things finance, marketing, and investing.

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9/4/2015 4:00 PM
JPM $61.50 Down -1.18 -1.88%
JPMorgan Chase & C… CAPS Rating: ****