Bloomberg: Court May Allow Madoff Investors to Keep Ponzi Profits

Bloomberg reported that a bankruptcy court ruling may allow overseas investors to keep profits they collected from Bernie Madoff’s Ponzi schemes.

JPMorgan May face Sanctions Over Madoff Ties, NY Times Reports

Reuters reported JPMorgan Chase may have to make a deal with federal authorities to avoid criminal prosecution over its handling of accounts of imprisoned swindler Bernie Madoff, The New York Times reported.