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Back to To the Point

To the Point

JP Morgan's $13 Billion Deal and Accountability on Wall Street

JP Morgan Chase has agreed to pay $13 billion to avoid civil charges over troubled mortgage investments. Is Wall Street beginning to pay a price for the Great Recession?

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By Warren Olney • Oct 23, 2013 • 51m Listen

JP Morgan Chase has agreed to pay $13 billion to avoid civil charges over troubled mortgage investments. CEO Jamie Dimon and Attorney General Eric Holder worked out the deal personally. Is it evidence of a cozy relationship, or is Wall Street beginning to pay a price for the Great Recession? Also, Health and Human Services Secretary Sebelius under fire over healthcare's problem-plagued insurance exchange, and watching rare birds on the California Condor-Cam.

Banner image: Jamie Dimon (L), chairman and CEO of JP Morgan Chase, is questioned by journalists as he and other CEO's arrive at the White House on October 2, 2013, for a meeting of the Financial Services Forum with President Barack Obama. Photo: Jason Reed/Reuters

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    Warren Olney

    former KCRW broadcaster

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    Andrea Brody

    Senior Producer, KCRW's Life Examined and To the Point podcast

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    Anna Scott

    Former KCRW Housing and Homelessness Reporter

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    Katie Cooper

    Producer, 'One year Later'

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