Home>Topics>>Madoff trustee asks court to reinstate bank claims
Madoff trustee asks court to reinstate bank claims
Reuters: Business News
Wed, 21 Nov 2012
NEW YORK (Reuters) - A lawyer for the trustee seeking money for Bernard Madoff's victims asked an appeals court on Wednesday to restore nearly $30 billion in claims against JPMorgan Chase & Co and other banks, saying it would force those who furthered the fraud to "pay their fair share."
Morningstar's Jaime Peters checks in on the current health and outlook for Citi, J.P. Morgan, and BofA following release of their second-quarter results.