# Prof. Roy Smith on JPMorgan's legal expenses

1 Faculty News October 14, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2013-10-14/dimon-exceeds-mentor-sandy-weill-in-legal-costs.html) -- "JPMorgan has been singled out by regulators with 'unprecedented aggressiveness,' NYU’s [Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith) said in an e-mail. 'Most of these settlements either would not have been necessary or would have been for much lesser amounts in Weill’s time.'”

[Read more](http://www.bloomberg.com/news/2013-10-14/dimon-exceeds-mentor-sandy-weill-in-legal-costs.html)