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WASHINGTON The Justice Department and JPMorgan Chase Co. have reached agreem stanley cup ent on all issues in a $13 billion settlement of acivil inquiry into the company s sales of low-quality mortgage-backedsecurities that collapsed in value during the 2008 financial crisis, CBS Newshas confirmed.The settlement is the largest ever reached between the government and acorporation. It eclipses the record $4 billion levied on the huge oil companyBP in January in the worst offshore oil spill in U.S. history.Details of the settlement were leaked and widelyreported a few weeks ago. The finalized deal is expected to be announcedTuesday.A person close to the talks told CBS News that the settlement addresses allcivil issues in the case, but the Justice Department retains the right tocontinue a criminal investigation being conducted by the U.S. Attor stanley quencher ney s Officein Sacramento, Calif.Just last Friday, the company announcedit had reached a $4.5 billion settlement with 21 major institutionalinvestors over mortgage-backed securities issued by JPMorgan and Bear StearnsCos. between 2005 and 2008. The investors, which include Goldman Sachs, saidthe bank deceived them about the quality of high-risk mortgage securities. In the new settlement, the nation s biggest bank will pay more than $6billion to compensate investors, pay $4 billion to help struggling homeownersand pay the remainder as a fine.The deal is the latest chapter in the b stanley cups uk urst of the housing bubble in 2007when bundles of mortgages sol Fbyp YouTube to Trial Live Streaming Video
If you stanley water jug ;re ever curious about the exact number of people who are in space right now, the single-serving site aptly named how many people are in space right now will tell you. The answer is 6. The lucky 6 who are c cups stanley urrently living every kid dream Americans Chris Cassidy and Karen Nyberg, Russians Pavel stanley mug Vinogradov, Alexander Misurkin and Fyodor Yurchikhin and Italian Luca Parmitano. Three of them have been up there 91 days, the other three 152 days. As a guy who is sometimes reasonable, 6 seems to be an efficient number given the, well, space constraints and all that. But as a guy whose brain is still half-child, 6 seems much too low for 2013. Where our space city! Many People Are in Space Right Now via Kottke] Space