Light rain

57°F

Shelton, WA

Light rain
Humidity: 87%
  • 2014 General Election Results Certified

    VOTEFinal Certification in Mason County. Each county certifies results on November 25, 2014. The Secretary of State certifies final results by December 4, 2014.The results posted before certification are unofficial. Voter turnout in Mason County was 59.5%. A total of 20,903 ballots were counted.… Read More +

  • 1
  • October Unemployment Rates Released

    UnemployByCountyOct2014Unemployment in Washington State ticked up to 6.0% in October from a rate of 5.7% the month prior. The federal unemployment rate crept down to 5.8%. Thurston County reported a modest 6.3% unemployment rate, which was notably lower than most neighboring counties, including 9.4% in Pacific… Read More +

  • 1
  • Huskies Prep For Apple Cup Vs. Washington St

    applecup2014Washington coach Chris Petersen had barely sat down Monday when he started getting peppered with questions about coaching in his first Apple Cup. Petersen at least wanted a moment to recognize what the Huskies accomplished over the weekend, becoming bowl eligible and taking some of the stress out of his first matchup with Washington State.

    Read More
  • 1

JP Morgan, DOJ Reach Tentative $13 Billion Deal

b_250_0_16777215_00_images_obgrabber_2013-10_ec02adf717.jpgROBYN BECK/AFP/Getty Images (WASHINGTON) -- The United States Department of Justice and JP Morgan Chase & Co have reached a tentative deal that would have JP Morgan pay $13 billion. According to a source familiar with the negotiations, the details are not finalized, but the tentative deal was struck Friday night in a conference call between Attorney General Eric Holder, Acting Associate Attorney General Tony West, JP Morgan Chief Executive Officer Jamie Dimon, and JP Morgan General Counsel Stephen Cutler.

As of a week ago, JP Morgan was offering to pay only $11 billion, and for the past two weeks a "sticking point" has been Dimon's demand that any agreement over civil matters include a non-prosecution agreement from the Department of Justice, agreeing not to criminally prosecute anyone at JP Morgan for misrepresenting the quality of mortgages to investors.

In a call a week ago, Holder told Dimon that was "a non-starter."

In the call Friday night, Dimon indicated that he would give up that demand.

As part of the tentative deal, JP Morgan has to assist the Department of Justice with obtaining information and evidence related to individuals who allegedly misrepresented the quality of mortgages to investors.

This is the largest, single payment by a US company ever.

In the $13 billion deal, $9 billion is in penalties and fines, while the other $4 billion goes towards consumer assistance.

Copyright 2013 ABC News Radio

  1. Environment
  2. Recreation

Tweets

WashingtonSRC
WashingtonSRC - Via @SeaTimesOpinion 'debate iniciado por senador Padden para traer mayor diversidad en la corte suprema estatal. ow.ly/EHh1o

4 hours ago

WaHouseGOP
WaHouseGOP - .@awbolympia and #waag officials discuss port slowdown’s potential devastating impacts on #wabiz: ow.ly/ESM2w

4 hours ago

MasonCountyPUD1
MasonCountyPUD1 - Crew making emergency water line repair impacting house numbers 220-841 on Picadilly Rd. No time estimate yet on water restoration.

4 hours ago

westgov
westgov - San Francisco to tweak famous tap flavor by mixing in groundwater ow.ly/EOHm9 by @kurtisalexander #drought #wgadrought

4 hours ago

Public Notices