schemes carried out by a group of energy traders in Houston. According to DealBook:
“Government investigators have found that JPMorgan Chase devised ‘manipulative schemes’ that transformed ‘money-losing power
plants into powerful profit centers,’ and that one of its most senior
executives gave ‘false and misleading statements’ under oath.
The findings appear in a confidential government document, reviewed
by The New York Times, that was sent to the bank in March, warning of a
potential crackdown by the regulator of the nation’s energy markets.”
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