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  • Thurston County Resident Returns From Liberia

    wafrica 3Local resident agrees to limit social activity, self-monitor for 21 days after trip to Liberia. A Thurston County resident recently returned to the area after spending three weeks in Liberia. While the individual had no contact with anyone… Read More +

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  • Tornado Rips Roofs In Washington State

    tornado roofA rare tornado ripped roofs off buildings, uprooted trees and shattered windows Thursday afternoon in the southwest Washington city of Longview, but there were no reports of injuries. A National Weather Service storm survey team from nearby Portland, Oregon, estimated… Read More +

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  • Baldwin Optimistic About Seahawks Moving Forward

    baldwinDoug Baldwin was about to board the charter bus last Friday when he got word Seattle had traded Percy Harvin. Two days later, he sat in a St. Louis locker room after one of the best games in his career answering questions about whether he was involved in a preseason scuffle with Harvin. Baldwin and the Seahawks are ready to put the Harvin conversation in the past.

    Read More
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JPMorgan Chase Faces $2B Madoff Penalty

b_250_0_16777215_00_images_obgrabber_2014-01_285e88d914.jpgScott Eells/Bloomberg via Getty Images (NEW YORK) -- JPMorgan Chase is close to making another big payout to federal regulators. This time, the alleged wrongdoing involves what the bank didn’t tell investors after receiving warnings that Bernard Madoff’s money management business was a fraud. The latest settlement would mean the biggest U.S. bank has paid about $20 billion to settle government investigations and lawsuits in the past 12 months.

According to published reports, an announcement is likely this week.  JPMorgan Chase would pay about $2 billion in penalties related to Madoff and most of the money will go to his victims.

The New York Times says the Madoff settlement “would also involve a so-called deferred prosecution agreement, a criminal action that would essentially suspend an indictment as long as JPMorgan acknowledged the facts of the government’s case and changed its behavior.” 

That kind of agreement is very unusual for a big bank.

Copyright 2014 ABC News Radio

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253Hawkman
253Hawkman - So I opened the newest SI to find this great article about @JonRyan9 #gohawks pic.twitter.com/GUNGOISn5D

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wsdot_tacoma
wsdot_tacoma - Collision on SR 112 EB near Gerber Rd at mp 56. Alternating single-lane traffic control is currently in effect.

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wsdot_tacoma
wsdot_tacoma - Collision on SR 112 EB near Gerber Rd at mp 56. The eastbound lane is partially blocked.

3 hours ago

WaHouseGOP
WaHouseGOP - Tornado yesterday damaged parts of Longview, Kelso: ow.ly/DhJxb Glad no one was hurt! via @the_daily_news

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