JPMorgan has settled their law suit with military families for $52 Million. Everyone should remember that while this travesty was occuring they were being bailed out by U.S. taxpayers. Would this mean they are too stupid not to fail now? Seriously they have repaid the TARP money and were praised for the return of the tax payers money; however, are we now seeing how they were able to make such record profits? Regardless here is the link to the story.
http://www.bloomberg.com/news/2011-04-21/jpmorgan-chase-settles-military-mortgage-overcharging-suit-for-56-million.html
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