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Shelton, WA

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  • MGH&FC Donates Gifts To Foster Children

    foster kids.2014For the fifth straight year, DSHS Child and Family Services Division has been the recipient of toys and items generously donated by Mason General Hospital & Family of Clinics staff and the community.  Bikes, toys, books, movies, and clothing were among the many items donated to 63 local children and… Read More +

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  • Tacoma Standoff Ends With Suspect's Arrest

    tacoma standoffA standoff in Tacoma ended Friday afternoon with the arrest of a man described as a career criminal wanted by police and the Washington State Patrol for multiple car thefts and other crimes including a home invasion. A SWAT team that surrounded the home for several hours fired tear gas before… Read More +

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  • Oregon State Rolls Past Depaul

    sports3Victor Robbins scored a career-high 27 points as Oregon State dominated DePaul 90-59 on Thursday night. Olaf Schaftenaar added a career-high 21 points and Gary Payton II had 15 points and five steals for the Beavers (8-2). Jamee Crockett had 14 points for the Blue Demons (6-4). Schaftenaar scored 11 of the Beavers' first 13 points to give Oregon State a 13-6 lead at the 15:47 mark. A Robbins 3-pointer stretched the margin to 42-21 with 3:23 remaining in the half.

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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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wsferries
wsferries - F/V/SW - New emergency two boat schedule available online and at terminals bit.ly/9EfdcV

2 hours ago

kingcosoPIO
kingcosoPIO - Update: Detectives have completed their initial scene work at the collision on NE 128 and the road is reopened to traffic.

8 hours ago

GriffinNeighbor
GriffinNeighbor - Thurston Commissioners Ban Insecticide from County Properties thurstontalk.com/2014/12/18/thu…

9 hours ago

GriffinNeighbor
GriffinNeighbor - Thurston County Commissioners act to prohibit the use of neonicotinoid insecticides on County property co.thurston.wa.us/xml/newsreleas… Thank you!

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