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JPMorgan settles for $2.6 billion fine over Madoff fallout
JPMorgan Chase agreed to pay a record-breaking $2.6 billion fine to settle criminal charges related to the Bernie Madoff fraud case. Authorities charged the bank had turned a blind eye to Madoff's massive Ponzi scheme. Jeffrey Brown gets more detail…
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News Wrap: Senate confirms Janet Yellen as Fed chief
In our news wrap Monday, Janet Yellen won Senate confirmation to lead the Federal Reserve. Taking over for outgoing chair Ben Bernanke, the former vice chair becomes the first woman to lead the U.S.'s central bank. Also, peace talks to…
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Former JP Morgan Executive Deflects Blame for Billion Dollar Mistake
Former JP Morgan Executive Deflects Blame for Billion Dollar Mistake…
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Britain’s Barclays Investigated for Rigging Libor Rates
In a scandal that triggered a CEO resignation, an investigation and basic questions about the integrity of the financial system, British bank Barclays paid $450 million in fines last week to settle accusations that it helped rig the Libor rate.
People take part in a protest in front of a BBVA bank office in Barcelona. Photo by Josep Lago AFP/Getty Images This week here at Making Sen$e, we'll be featuring dispatches from Europe's financial front lines - mainly and plainly,…
Bank of America, the nation's largest lender, announced plans to shrink the company by 30,000 people over the next two years. Judy Woodruff discusses Banks of America's troubles and the growing concerns over interconnected global financial problems with banking expert…
Name: Charles Robertson Question: The media estimates 5 to 8 million houses are currently underwater or at some point in the foreclosure process, and housing values have declined 25 percent. If one million homes were put on the market in…
Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Thursday's query: Name: Ben Roman Question: I am having a problem with trying to…
Name: Ben Roman Question: I am having a problem with trying to get a modification loan for my home which may soon be going into foreclosure. Where and to whom should I go to ask for assistance? Paul Solman: For…
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