JPMorgan settles for $2.6 billion fine over Madoff fallout
Clip: 1/7/2014 | 7m 43s
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 from Patricia Hurtado of Bloomberg News.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
JPMorgan settles for $2.6 billion fine over Madoff fallout
Clip: 1/7/2014 | 7m 43s
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 from Patricia Hurtado of Bloomberg News.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...