This article discusses the financial struggle that JPMorgan is facing. C.E.O. Jamie Dimon must face the obstacles so to get past one of them, he made a phone call to attorney Mr. Holder, to resurge a settlement agreement involving $13 billion. Mr. Dimon claimed that he was willing to increase JPMorgan’s to settle an array of state and federal investigations into the bank’s sale of troubled mortgage securities right before the financial crisis. Mr. Holder and Mr. DImon couldn’t reach initially reach an agreement until a $13 billion dollar deal was reached.
This article discussed Mr. Dimon’s struggle to reach an agreement in order to save his company from investigation until he made a crucial phone call to attorney Mr. Holder.
