Thursday, April 5, 2012
JP Morgan Chase fined $20 Million
American Bank JP Morgan Chase will pay 20-million dollars to settle claims it mishandled customer money. US regulators say JP Morgan extended too much credit to Lehman Brothers in the years before it went bankrupt. Lehman Brothers bank collapse was a major part of the 2008 financial crisis. Al Jazeera's Cath Turner reports from New York.
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