October 19, 2013 in History


JPMorgan Chase tentatively settles on paying $13 billion to the U.S. Department of Justice for its role in selling bad mortgage loans to investors, which added to the Suprime mortgage crisis

More Notable Events on October 19:
1953 1st jet transcontinental nonstop scheduled service
1944 U.S. forces land in Philippines
1932 Henry Ford gives his 1st radio speech
1853 1st flour mill in Hawaii begins operations
1722 French C. Hopffer patents fire extinguisher
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