JPMorgan Admits Lapses In $2.6B Madoff Settlements
By Evan Weinberger ( January 7, 2014, 11:12 AM EST) -- JPMorgan Chase & Co. on Tuesday agreed to pay over $2.6 billion and admitted that it failed to warn law enforcement officials about Bernard L. Madoff's $65 billion Ponzi scheme in a series of settlements with the U.S. government and the trustee liquidating Madoff's investment firm....
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