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2013-01-05 — bloomberg.com
The U.S. Treasury Department's inspector general has threatened to punish JPMorgan Chase & Co. (JPM) for failing to turn over documents to regulators investigating the bank's ties to Bernard Madoff's Ponzi scheme.
Inspector General Eric Thorson gave the largest U.S. bank a Jan. 11 deadline to cooperate with the Office of the Comptroller of the Currency probe or risk sanctions for impeding the agency's oversight. JPMorgan, according to the Dec. 21 letter, contends the information is protected by attorney-client privilege. Thorson's letter didn't spell out what documents the OCC is seeking or the focus of its investigation. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |