The victims of the hit and run economic crimes of this period expect and deserve much more. Years from now, there will be ample time for a leisurely stroll through the history of this crisis. Now is the time for action.
Some Madoffs decided to change their name rather than put up with the constant questions and accusations that have become a regular feature of having it. I was not going to let Bernard steal my name along with everything else he stole.
It is not only wrong for private American financial institutions to go abroad selling financial snake oil to foreign governments; in a just world it would also be criminal.
Goldman Sachs and Apple, two of the hottest companies in the stock market, have caught the eye of investors, traders, and the SEC. The investigations are just two in a rash of new stock trading inquiries that the SEC recently fired off to the brokerage community.
July, 2010: After visiting Bernie Kerik in prison, Geraldo Rivera reports, "A true American hero is a victim of a miscarriage of justice."
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Why would the government, charged with prosecuting white collar criminals who exploit our sacred financial institutions, fail so egregiously to pursue them with aggression and verve?
It's bad for business when men's worries and insecurities impair their common sense. We need to free certain work cultures from masculine bravado, namely business and finance. We need co-ed common sense.
My favorite recovering felon, Martha Stewart, was asked her thoughts on our most recent political pin-up girl Sarah Palin. I wasn't surprised that Martha didn't pull any punches.
The extravagant offerings in Neiman Marcus' 83rd annual catalog do not disappoint. Restrictions and exclusions apply to Goldman Sachs employees and anyone named Madoff.
I am thankful that Wall Street is still a festering sump pump of illogic, hubris and greed, and will continue to provide me with plenty to write about for the foreseeable future.
There is no other organization in the city that covers as much ground as the Philoctetes Center. But it was gutted by Bernard Madoff, and its days are now numbered unless it gets a helping hand.
Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.
Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.
The truth is the future of our society lies in the apathetic hands of my generation and the one below. And quite honestly that frightens me.
Sociologists tell us that deviance plays a positive role for society. Deviance shows us what happens with you cross certain boundaries - as well as what and where those boundaries are.
Bank of America executives were paid $5.8 billion in bonuses when they merged with Merrill Lynch. Shareholders were not merely misled by the banks, but fed a bold-faced lie.
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.
Poetry is a direct route to the riches of the interior life. It is available to everyone at any hour of the day or night, and it doesn't cost a thing.
It seems pity is all too often reserved for people who commit acts of absolute, irrevocable evil. The worse the offense, the more automatic must be the mercy towards the perpetrator.
Imagine if Bernie Madoff were to have cancer and he were to be released like the Lockerbie killer? There would, no doubt, rightly be outrage in the streets.
