JPMorgan: Too big to charge?
CNN's Evan Perez reports that prosecutors had concerns that pressing charges might lead to JPMorgan's collapse.

We're learning about key meeting between federal prosecutors and the chief regulator of JP Morgan Chase, the biggest bank in the country. It happened that prosecutors wrapped up their investigation of JP Morgan's dealings with the notorious Ponzi schemer Bernard Madoff. Our justice reporter Evan Perez is joining us. He's been digging on the story. Tell us what you know.
Well, Wolf. I'm told by sources that a few weeks ago as prosecutors in Manhattan were trying to wrap up this investigation. They came down to Washington to meet with the main regulator of JP Morgan Chase. That's the Treasury's officer of the Control of the Currency. I'm told the meeting got tense in some respects. Because prosecutors want some assurance that if they charge JP Morgan with crimes and if they got some kind of guilty plead that the regulator wouldn't pull the bank charter of JP Morgan Chase. Now as you know, Wolf, if you do this to a bank, you pull their license in their sense, you do mean, you know hundreds of thousands of jobs and probably causing a lot of damage to the US economy, which is what you see yesterday in Manhattan, the prosecutors have announced they had reached a deferred prosecution agreement with JP Morgan Chase under which the bank is paying 1.7 billion dollars in restitution to victims of the Madoff scheme. In that sense, in the next 2 years JP Morgan Chase has to keep its nose clean and there will never be any charges against them, Wolf.