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JPMorgan pays $400 million to settle with Syncora over toxic loans – Reuters

loans - Google News Mar 3rd, 2014 Loans.



JPMorgan pays $400 million to settle with Syncora over toxic loans
Reuters
JPMorgan bought Bear Stearns in 2008. The bond insurer claimed the bank misrepresented the quality of loans underlying the securities and that it was deceived into insuring them. Faced with federal government action and significant legal costs ...

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