摩根大通同意向美国政府支付130亿美元罚款

-Christine Romans is here to talk more about this. So let's break this down. Of course, the question is what does this mean for JPMorgan and Jamie Dimon?

-Jamie Dimon, this has been a very, very bad year. It breaks down to about $9 billion in fines and $4 billion in consumer relief, some op that will be loan modifications.   Not exactly sure how that is going to work just yet. That's the numbers there.

Look, Jamie Dimon, someone who for those of us who covered him, he's someone many people thought could be a Treasury Secretary some day, now he is being made to pay for what are the worst offenses of the mortgage-backed security crisis.

Much of this is because they bought Bern Stern's Washington Mutual now, as a favor. Actually Jamie Dimon described it to the fed in the heat of the 2008 crisis, now they are having to pay up big time.

-But paying up big time, you are talking a record penalty, $13 billion. It's still not over for them.

- No, it looks as though we are told that Jamie Dimon really want to push there would not be any criminal investigation and the criminal investigation, settle the civil problem here for $13 billion and end the criminal investigation. He did not get his way on that. Attorney General Eric Holder and folks in California, actually Sacramento, criminal investigation continues.

- Much more to come on that. It's really interesting how far they have come. It started with JPMorgan offering up $1 billion to settle this. They are at 13.

-The $13 billion is a lot of money and this is costing the bank all of this litigation.

-Christine, thank you so much.