JP Morgan Pays $2 Billion in Madoff Penalty

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JP Morgan Pays $2 Billion in Madoff Penalty

JP Morgan Pays $2 Billion in Madoff Penalty
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JP Morgan Pays $2 Billion in Madoff Penalty

by Associated Press Videos 1:16 mins

JPMorgan will pay over $2 billion for ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme. The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty. (Jan. 7)

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