politics, hypocrisy and meanness in public affairs, alligators, anti-empire-ism, occasional personal stuff

Tuesday, January 18, 2011

50 Big Bankers give back their bonuses, 10 jump from windows [just kidding]

Chase Admits Overcharging Troops on Mortgages, Improperly Foreclosing

JPMorgan Chase acknowledged this week that it overcharged some 4,000 military families for their mortgages and wrongfully foreclosed on at least 14. It's not clear how much the mistakes have cost these families, but the bank told NBC News that it’s collectively refunding about $2 million [1] to those affected. It has also promised to restore the homes that were lost.


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