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$13 billion settlement

The best and the rest of past week

"Thumbs up to the non-profit group Better Markets for its suit against the U.S. Department of Justice for its $13 billion settlement with J.P. Morgan Chase to resolve civil claims in connection with the banking giant's marketing and sale of bogus mortgage-backed securities prior to the financial meltdown of 2008. And thumbs up, too, to U.S. Rep. Jim Himes, D-Conn., for pointing out that the settlement totally ignores the matter of personal liability by individuals who drove the bus as the rest of us were going over the cliff.

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