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PBS NewsHour | News Wrap: New York Files Lawsuit Against JPMorgan Chase | PBS

Duration: 02:27
Program: PBS NewsHour #10457
Broadcast Date: Oct. 2, 2012

In other news Tuesday, New York Attorney General Eric Schneiderman filed a major mortgage lawsuit against JPMorgan Chase, claiming that former rival Bear Stearns -- which JPMorgan bought in 2008 -- misled the investors who bought and lost sub-prime mortgage loan securities in 2006 and 2007 after the company collapsed.

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Post Date: October 2, 2012