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Transcripts for CNN CNN Newsroom 20140107 14:29:00

high as they ve ever been. nick robertson, cnn jerusalem. i m telling you, this is something else. jp morgan will pay out $1.7 billion. it s the madoff scandal. $1.7 billion. that s a lot of money. he was the wall street scam artist who will die in prison. he basically destroyed the lives of investors who put money with him just before the financial crisis exploded. this was the guy that started to unravel the whole empire was a fake. he had never been trading. he had been doing business with legitimate banks, hedge funds,

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