JPMorgan Faces $6B FHFA Fine to Settle Bad Loans

Aug. 28 (Bloomberg) -- Bloomberg "Market Makers" anchor Stephanie Ruhle reports that the U.S. FHFA seeks at least $6 billion from JPMorgan Chase & Co. as a settlement on civil claims the bank sold bad mortgage bonds to Fannie Mae and Freddie Mac and looks at the growing total of legal fees paid by banks since the financial crisis in 2008. She speaks on Bloomberg Television's "In The Loop."
LVMH Beats Estimates on Leather-Goods and Wine Sales
37:17 - LVMH Moet Hennessy Louis Vuitton reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth. Bloomberg's Shery Ahn reports on "Trending Business." (Source: Bloomberg)
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