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JP Morgan Pays $2 Billion in Madoff Penalty
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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Source name:
The Associated Press
Unique identifier:
CP13417432
Legacy Identifier:
e2d9c87fa40b49229306721b097cb767
Type:
Video
Duration:
1m16s
Dimensions:
856px × 480px 17.02 MB
Usage rights:
Digital platform use only. Broadcast rights and editing of content prohibited.
Create Date:
1/8/2014 1:06:00 AM
Display aspect ratio:
107:60