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  • JUSTICE DEPARTMENT SETTLES MASSIVE LAWSUIT AGAINST JP MORGAN CHASE AND OTHER BANKS In 2011 Holder's Justice Department sued 18 banks, including JP Morgan Chase & Co., for allegedly making false statements and omitting material facts when they had sold billions of dollars worth of bonds to the mortgage giants Fannie Mae and Freddie Mac between 2005 and 2007 -- transactions that ultimately contribut
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