JPMorgan Chase should be liable for alleged fraud by Bear Stearns, which it now owns, AFL-CIO President Richard Trumka said in a statement released today.
In an era when the rich and powerful line their own pockets at the expense of workers, homeowners and investors, New York State Attorney General Eric Schneiderman is striking a blow for accountability and equal justice, says AFL-CIO President Richard Trumka.
Schneiderman just filed a lawsuit against Bear Stearns alleging that the former investment bank created fraudulent mortgage-backed securities.
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