JPMorgan settlement would set precedent: Peabody

Peabody on JPMorgan still

Charles Peabody, an analyst at Portales Partners LLC, talks about JPMorgan Chase & Co.’s tentative agreement to pay a record $13bn to end civil claims over its sales of mortgage bonds.

Peabody speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's Surveillance.Ellen Zentner, senior U.S. economist at Morgan Stanley, also speaks.

Source: Bloomberg