Why is JPMorgan so quick to agree to a $13B fine?

A Bloomberg appearance by Gordon Kerr, Cobden Centre advisory board member and founder of Cobden Partners

Oct. 21 (Bloomberg) — Gordon Kerr, consultant at Cobden Partners, talks with Guy Johnson about the potential $13 billion settlement by JPMorgan to end civil claims over its sales of mortgage bonds. He speaks on Bloomberg Television’s “The Pulse.”

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