JPMorgan Reaches $4 Billion Settlement Over Bad Mortgages

JPMorgan Chase has reached a tentative deal to pay $4 billion to settle claims it sold bad mortgages to government agencies ahead of the financial crisis, the Wall Street Journal reported on Friday.

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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