Finance Info Blog Mortgage and Financial information

8Aug/130

Exclusive: U.S. steps up probe of JPMorgan over Bear mortgage bonds

- The U.S. Department of Justice has stepped up a probe in recent weeks into Bear Stearns & Co's mortgage dealings in the run-up to the financial crisis, according to two sources familiar with the situation, raising the possibility that JPMorgan Chase & Co may face yet another case over mortgage bonds.

reuters.com

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