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JPMorgan pressed on emails in US energy prices probe
BBC – US authorities investigating claims JPMorgan manipulated the electricity market have challenged the bank’s refusal to hand over subpoenaed emails. The Federal Energy Regulatory Commission (Ferc) is looking into complaints from grid operators in California and 11 Midwestern states. The bank is accused of profiting from loopholes in the bidding process to drive up prices by some $73m (£47m). Read article
Tags: banks, conspiracy secrets, crime law
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