From: Deadly Clear
And then they get caught?! No sense of consequence.
Failing to be honest costs a lot of money… omitting the truth is just as bad as lying.
Government extracts $2 billion in fines from JPMorgan in Madoff case
By Danielle Douglas, Published: January 7 E-mail the writer
Years of high investment returns at Madoff Securities left
bankers in the London office of JPMorgan Chase skeptical of the methods
of company chief Bernard L. Madoff. While the bank reported its
suspicions to British authorities in 2008, it never said a word to
anyone in Washington, the Justice Department says.On Tuesday, Madoff’s
primary banker agreed to pay federal prosecutors and regulators more
than $2 billion to resolve criminal charges that it failed to alert the
government about Madoff’s Ponzi scheme. [Read more HERE]
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