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JP Morgan Can Claim Tax Back on Historic Fine

55 minutes
First broadcast:
Thursday 21 November 2013

JP Morgan find some of their record $13billion financial penalty can be tax deductible. Also, we find out if Africa's booming economic growth is trickling down to the continent's poorest. And, Argentina's new finance minister is announced - but how will he explain the strange variations in Argentina's economic data?

In Switzerland some bosses are found to be paid 200 times more than their employees - we ask if this is ever justifiable. Finally, we discuss how much money can be made in posthumous reputation management, and just exactly how lasting the financial legacy of Elvis really is. We are joined by guests Peter Morici, economist at the University of Maryland, and Alex Frangos from the Wall Street Journal in Hong Kong.



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