JPMorgan Chase: Out of Control
This new report from GrahamFisher focuses on the risk management and internal control environment at JPMorgan Chase. The report kind of describes JPMorgan Chase as mostly a Criminal Enterprise.
Since 2009, the Company has paid more than $8.5 billion in settlements for the various regulatory and legal problems discussed in this report. These settlement costs, which include a small number of recent settlements of older issues, represent almost 12% of the net income generated between 2009-2012.