Business Daily - JP Morgan faces $2.6 billion Madoff scandal payout

FRANCE 24 English 2014-01-08

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JP Morgan Chase has agreed to pay almost $2.6 billion to settle a series of criminal and civil claims over the Bernard Madoff scandal. The bank is accused of failing to act on concerns about Madoff’s financial dealings. Also, how the Goodyear "boss-napping" has hurt efforts to find a buyer for the French tyre factory.

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