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- 2009-3-28
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- 1970-1-1
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TIME2: 02:01
J.P. Morgan involved in more than $21 million legal issues.
TIME3: 01:31
The biggest payment by J.P. Morgan for its settlement with government is not satisfied by each side for civil reason.
TIME4: 01:22
The settlement will impact the chairman of J.P.Morgan, although he may maintain the chairman role, all the achievement of the growing business in the company this year will be less focused.
TIME5: 01:19
The J.P.Morgan paid dollars more than earned dollars this year. And other banks feel the mixture of both fear and hope for the settlement of J.P.Morgan.
TIME6: 02:12
One Chase Manhattan Plaza, once the famous banks located for half century, has been sold to Fusun International China. Now, more and more China investment is interested in the real estate in US.
Paraphrase 7: 06:28
The big banks like J.P.Morgan, Bank of America, Citi Group etc, are all facing the same problem: too big to manage.
J.P. Morgan change its first priority to control agenda which will add more human resources and investment in it.
The control agenda is to prevent, to detect and to response, so it needs the people with kinds of knowledge and management.
J.P. Morgan assured that when the control agenda is strengthened, the business will free from the major legal settlements. |
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