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Bloomberg reports that a settlement has been reached after the U.S. Department of Justice investigated indications that
[...] JPMorgan employees at the bank's Hong Kong subsidiary sought to maximize profits by providing jobs and internships to children of individuals it hoped to do business with.
The settlement provides that the bank will pay around $264 million, and that the investigation will be ended with no prosecution.
"[A]t least five other" undisclosed banks are under investigation for possible violations of the Foreign Corrupt Practices Act.
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JPMorgan Chase to pay ~$264 Million in Settlement
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The existence of god implies a violation of causality.
(Score: 2, Informative) by Anonymous Coward on Friday November 18 2016, @07:24PM
> And people really wonder why the "Drain the Swamp" rhetoric was so effective?
Nobody wonders that.
What they wonder is why anybody believed it coming from a billionaire who was a egregious beneficiary of the swamp for his entire life.
(Score: 0) by Anonymous Coward on Friday November 18 2016, @10:42PM
Because you fools wouldn't vote for anyone who wasn't either that billionaire OR the millionaire who has been desperately pandering to the swamp so that she could become that billionaire herself.