The news of the day on Wall Street is the record-setting $13 billion settlement JP Morgan is reportedly working out with the U.S. government in order to settle a civil investigation into mortgage-backed securities created before the housing market collapse in 2008. It's a staggering number. In fact, it sets the record for the largest civil fine ever levied against a bank. It's half of what JPM earned in 2012. It's also no sweat for JP Morgan. You may notice that the bank's stock seems totally un-phased by the news of a $13 billion pay-out (it's down only 0.1% today). Its market cap is only down $10 billion from its ... (full story)