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  • Jeff And Dale Take Ice Bucket Challenge

    icebucketDale Hubbard and Jeff Slakey of the Daybreak Show on KMAS News Radio get iced for a good cause - fighting Amyotrophic lateral sclerosis (ALS), often referred to as "Lou Gehrig's Disease. They challenged Port of Shelton Executive Director John Dobson;… Read More +

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  • Raiders Over Seahawks 41-31

    hawsktextgradRookie Derek Carr threw three touchdown passes to make a case he should be Oakland's starting quarterback, and the Raiders wrapped up the preseason with a 41-31 victory Thursday night over the Seattle Seahawks. Carr was almost perfect in the start in place of Matt Schaub, completing 11 of 13 passes for 143 yards, and led Oakland (2-2) to four touchdowns in four drives.

    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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