In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss JPMorgan Chase's (NYSE:JPM) $517 million settlement with MF Global. When MF Global experienced a liquidity crisis and tapped into customer accounts to meet liquidity requirements, its resulting meltdown into bankruptcy left customers taking massive losses. This settlement, in which JPMorgan releases its claim to a huge amount of the now-bankrupt company's cash, should return the funds to most of the affected customers. Matt tells investors what this means for JPMorgan investors.
- Mar 20, 2013 at 6:24PM