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Daily Hadith

Saturday, December 14, 2013

Criminal action is expected for JPMorgan in Madoff case

JPMorgan Chase and federal authorities are nearing settlements over the bank's ties to Bernard L. Madoff, striking tentative deals that would involve roughly $2 billion in penalties and a rare criminal action. The government will use a sizable portion of the money to compensate Mr. Madoff's victims.
http://www.cnbc.com/id/101266885

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