JPMorgan In Talks To Avoid Criminal Charges

Sep 28, 2013
Originally published on September 28, 2013 11:16 am

The financial giant is also facing civil charges and fines that could cost it $11 billion. JPMorgan is negotiating with the Justice Department over the company's handling of mortgage-backed securities leading up to the housing crisis. Host Scott Simon talks with New York Times columnist Joe Nocera about the significance of the talks.