TV News LIES

Sunday, Nov 23rd

Last update06:52:34 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...


US prisoner in solitary for 42 years has conviction quashed

US solitary confinement prisoner freesThe 1974 murder conviction of America’s longest serving prisoner in solitary confinement has been overturned.But Albert...

US Supreme Court refuses to block SC gay marriages

US Supreme courtThe U.S. Supreme Court has refused to block gay marriages in South Carolina.The high court on...

U.S. and Israeli firms selling spy gear to repressive regimes

spy gear sold by US firmsAmerican and Israeli companies are selling sophisticated surveillance equipment to some of the most despotic nations...

Legendary director Mike Nichols dies

mike nichols diesMike Nichols, esteemed director/writer/producer and husband of Diane Sawyer, has died.  ABC reports he died suddenly...
 
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!