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    Back to To the Point

    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.

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    By Warren Olney • May 12, 2014 • 1 min read

    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
    Can Big Data Make Healthcare Better, Cheaper?
    1. 0:00JP Morgan May Face Criminal Action in Madoff CaseYou’re reading this
    2. 8:44Big Data for Healthcare: What about Patient Privacy?
    3. 44:38An African Space Station on the Horizon
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Caitlin Shamberg

      KCRW

    • KCRW placeholder

      Lata Pandya

      Assistant Producer, To the Point/Which Way, LA?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Benjamin Gottlieb

      Reporter, Fill-in Host

    • KCRW placeholder

      Jim Sterngold

      Wall Street Journal

      NewsNationalPolitics

    The full episode

    1 of 3
    Can Big Data Make Healthcare Better, Cheaper?
    1. 0:00JP Morgan May Face Criminal Action in Madoff CaseYou’re reading this
    2. 8:44Big Data for Healthcare: What about Patient Privacy?
    3. 44:38An African Space Station on the Horizon
    Back to To the Point