Criminal Action Is Expected for JPMorgan in Madoff Case – New York Times

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Madoff Case Looms Over JPMorgan – New York Times October 24, 2013 [flickr_feed template="default" count=1 text="business"] By WILLIAM ALDEN Suspecting JPMorgan Chase turned a blind eye to Bernard L. Madoff’s huge Ponzi scheme, authorities are preparing to take action. | A jury has found Bank of America liable of having sold defective mortgages. | McKesson has agreed to acquire a controlling stake in Celesio of Germany. | Pinterest has raised $225 million at a $3.8 billion valuation. Published: October 24, 2013 at 4:00AM Source: NYT Business Day…

Madoff Trustee’s 2010 JPMorgan Suit – New York Times December 12, 2013 By A series of internal JPMorgan emails suggesting that employees had concerns about the bank’s ties to Bernard L. Madoff. Some of the emails surfaced in a lawsuit filed by the trustee for Mr. Madoff’s victims. Published: December 12, 2013 at 5:00AM Source: NYT Business Day http://www.nytimes.com/interactive/2013/12/12/business/dealbook/12bank-documents.html

Compensation Fund Set for ‘Feeder Fund’ Victims in… November 18, 2013 By DIANA B. HENRIQUES Madoff victims who lost cash through accounts with various middleman funds – the so-called feeder funds — will be first in line for compensation from a $2.35 billion fund, the Justice Department announced Monday. Published: November 18, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/11/18/compensation-fund-set-for-feeder-fund-victims-in-madoff-scheme/ Frauds and Swindling, Ponzi and Pyramid Schemes

Madoff Victims, Five Years the Wiser – New York Times December 8, 2013 By DIANA B. HENRIQUES Speaking from experience, victims of the Madoff Ponzi scheme advise other investors to diversify their savings, focus on what really matters in life and resist giving up. Published: December 8, 2013 at 5:00AM Source: NYT Business Day http://www.nytimes.com/2013/12/08/business/madoff-victims-five-years-the-wiser.html Ponzi and Pyramid Schemes

$13 Billion Settlement With JPMorgan Is Announced – New… November 19, 2013 By BEN PROTESS and JESSICA SILVER-GREENBERG JPMorgan Chase and the Justice Department finalized a $13 billion settlement on Tuesday, punctuating a long legal battle over the risky mortgage practices that became synonymous with the financial crisis. Published: November 19, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/11/19/13-billion-settlement-with-jpmorgan-is-announced/ Banking and Financial Institutions, Fines (Penalties), Mortgage-Backed Securities, Mortgages