The Price of Evil at JPMorgan Chase

By Richard Eskow | March 20, 2013

$16 billion.

That’s how much JPMorgan Chase has paid in fines, settlements and other litigation expenses in the last four years alone.

More than half of that amount, $8.5 billion, was paid out in fines and settlements as the result of illegal actions taken by bank executives.

$8.5 billion is almost 12 percent of the net income the mega-bank brought in during the same period.