JPMorgan Chase facing $13 billion fine for role in mortgage crisis

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JPMorgan Chase facing $13 billion fine for role in mortgage crisis

JPMorgan Chase facing $13 billion fine for role in mortgage crisis
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JPMorgan Chase facing $13 billion fine for role in mortgage crisis

by CBSTV Videos 2:57 mins

JPMorgan Chase, the biggest bank in the nation, is facing a record $13 billion fine in a deal with the Department of Justice over the mortgage crisis. Bill Cohan, former JPMorgan Chase managing director and author of "House of Cards," joins the "CBS This Morning" co-hosts to discuss the effect the fine will have on the bank.

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