TV News LIES

Tuesday, Jul 29th

Last update12:22:36 AM GMT

You are here News Domestic (USA) JPMorgan ordered to comply with probe of Madoff

JPMorgan ordered to comply with probe of Madoff

E-mail Print PDF

JP MorganThe Treasury Department watchdog ordered JPMorgan Chase & Co (JPM.N) to work with U.S. regulators seeking documents in connection with a probe into the bank's relationship with convicted Ponzi schemer Bernard Madoff, in a warning letter dated December 21.

The letter from Treasury Inspector General Eric Thorson to JPMorgan's general counsel, Stephen Cutler, which was reviewed by Reuters on Friday, revealed that the Office of the Comptroller of the Currency has been unable to get documents it requested.

JPMorgan has argued it does not have to turn over certain kinds of documents to the OCC because it would impinge on its attorney-client privilege rights, according to the letter.

Thorson told the bank his office would not accept that argument and ordered JPMorgan to tell his office by January 11 how it would resolve the dispute with the OCC.

More...


Most Recent Related Stories...


Appeals Court Strikes Down Virginia's Gay Marriage Ban

Virginia gay marriageThe U.S. Court of Appeals for the 4th Circuit ruled Monday that Virginia's ban on same-sex...

Washington D.C. handgun ban ruled unconstitutional, again

DC hand gun lawWashington D.C. residents can now legally carry handguns in the streets of the District, according to...

Immunity lets bad judges off hook for bad behavior

bad judges immune from lawsuitsWade McCree Jr. lost his job, but he won't lose his shirt.The disgraced judge — who...

Detroit not alone in shutting off water for unpaid bills

Cutting off waterDetroit has drawn fire from all over the world for shutting off water to customers delinquent...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!