JPMorgan Gets a Break Where Goldman Got Nailed: Jonathan Weil

June 23 (Bloomberg) -- Once again the Securities and Exchange Commission has filed a complaint against a too-big-to-fail bank that hinges on the meaning of one word: “selected.” Last year, the bank was Goldman Sachs, which the SEC accused of intentional fraud. This week, the defendant was JPMorgan, which got far easier treatment.

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