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  • Oysterfest 2014 Is Coming Your Way!

    oysterfest-vendorsWednesday morning on Daybreak Jeff and Dale sat down with Patti Case and talked about the plethora of events taking place at this year's Oysterfest, happening this weekend at the Washington State Fairgrounds in Shelton. Vendors representing all manners of charitable… Read More +

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  • Army Drops Murder Charges Over Iraqi Boys' Deaths

    M-BarberaThe Army has dropped murder charges against a soldier in the shooting of two unarmed Iraqi boys during a blown reconnaissance mission in 2007, but he still faces prosecution on allegations that he obstructed the investigation and threatened a journalist's wife.… Read More +

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  • Mariners To Be Aggressive Adding Bats In Offseason

    mariners logo5After narrowly missing the postseason, the Seattle Mariners say they will raise payroll in 2015 and aggressively pursue offense during the offseason. General manager Jack Zduriencik and manager Lloyd McClendon spoke Tuesday, two days after Seattle concluded an 87-75 season. The Mariners finished one game behind Oakland in the AL wild card standings.

    Read More
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JPMorgan Chase May Be Penalized in Madoff Case

b_250_0_16777215_00_images_obgrabber_2013-10_e6cfe921e3.jpgJerome Favre/Bloomberg via Getty Images (NEW YORK) -- JP Morgan Chase, America’s biggest bank, may face action from federal authorities who suspect that the bank “turned a blind eye” to Bernie Madoff’s massive Ponzi scheme, reports The New York Times. The case comes right after the bank reached a tentative $13 billion settlement with federal prosecutors over the sale of flawed mortgage products.

ABC News has confirmed that prosecutors and JPMorgan have held preliminary discussions about a so-called deferred prosecution agreement. This arrangement would suspend criminal charges in exchange for a fine and other concessions, the Times reports.

“We’re not commenting today other than to point people to our many previous statements where we’ve said that 'all of our personnel acted in good faith,’” the bank said in a statement Thursday.

Copyright 2013 ABC News Radio

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