To the Point
JP Morgan May Face Criminal Action in Madoff Case
Five years ago, Bernard Madoff confessed to a $17 billion Ponzi scheme, the biggest in history, insisting that he acted alone. He also said his separate market-making operation was legitimate. But it's reported today that JP Morgan Chase is likely to pay a billion dollars in penalties to end a criminal probe of its involvement.
Five years ago, Bernard Madoff confessed to a $17 billion Ponzi scheme, the biggest in history, insisting that he acted alone. He also said his separate market-making operation was legitimate. But it's reported today that JP Morgan Chase is likely to pay a billion dollars in penalties to end a criminal probe of its involvement. Jim Sterngold is senior special writer for the Wall Street Journal.
The full episode
1 of 3- 0:00JP Morgan May Face Criminal Action in Madoff CaseYou’re reading this
- 8:44Big Data for Healthcare: What about Patient Privacy?
- 44:38An African Space Station on the Horizon