Tag Archive | "Bernard Madoff"

JPMorgan Settles with Federal Authorities Over Madoff Fraud

  The settlement reached by Federal authorities with JPMorgan Chase over the bank’s failure to warn of Bernard Madoff’s Ponzi scheme generated heavy print media coverage this morning, and was briefly mentioned on two network newscasts last night. The CBS Evening News (1/7, story 9, 0:25, Pelley, 5.58M) reported that the bank agreed to pay $1.7 billion “to […]

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