J.P. Morgan to pay $2B for role in Madoff case

``J.P, Morgan Chase will pay $2 billion in civil and criminal settlements later this week in for its role in the Madoff fraud case. The settlement arises from suspicions that J.P. Morgan Chase ignored signs of Bernie Madoff's criminal activity. The bank was Madoff's primary bank for more than two decades, according to The New York Times, which broke the story.''