iOS app Android app

Madoff Scandal

WATCH: Elie Wiesel Tells Oprah How He Became A Bernie Madoff Victim

OWN | Posted 12.09.2012 | OWN

In 2008, Elie Wiesel -- bestselling author, teacher, human rights activist, Nobel-prize winner and Holocaust survivor -- received a midnight phone cal...

Corzine Meets Madoff

Christopher Brauchli | Posted 02.15.2012 | Business
Christopher Brauchli

A number of people have begun wondering what the difference is between Jon Corzine and Bernie Madoff. The answer is that Mr. Madoff knew exactly where his clients' missing billions of dollars went. Mr. Corzine is still trying to figure that out.

Bernie Madoff: I'm A Victim

Fox Business | Posted 10.25.2011 | Business

In Madoff’s mind, his phony investment business, which he began in the late 1980s, doesn’t fully explain his contribution to modern financial serv...

Madoff Underwear Sells For $200 At Florida Auction

AP | Posted 08.05.2011 | Business

MIAMI -- Thousands of buyers vied for items that once belonged to convicted swindler Bernard Madoff, with 14 pairs of underwear going for $200 and a p...

Peter S. Goodman

Mets Owner's Message: "I'm Too Stupid to Have Known About Madoff" | Peter S. Goodman | Posted 07.24.2011 | Business

You all have New York Mets owner Fred Wilpon wrong. Yes, his comments to the New Yorker magazine, in which he denigrates his primary assets -- his...

Madoff Victims To Get Up To $500 Million From Swiss Bank

AP | The Associated Press | Posted 05.25.2011 | Business

NEW YORK — A private Swiss bank has agreed to pay up to $500 million to investors defrauded by Bernie Madoff. The trustee appointed to recover ...

Madoff Victim Says MLB Ignored Warning Signs

The New York Times | Serge F. Kovaleski | Posted 05.25.2011 | Business

For the owners of the Mets, Fred Wilpon and Saul Katz, that question has in recent weeks become a very personal, even urgent, one. The trustee for the...

Madoff Victims' Trustee Files Dozens Of Lawsuits

AP | Posted 05.25.2011 | Business

NEW YORK — Relatives of both Bernard Madoff and his wife are among those being targeted in 40 lawsuits announced Friday by the trustee endeavori...

Madoff Trustee Sues JPMorgan, Others For $6.4 Billion

AP | Posted 05.25.2011 | Business

NEW YORK — The trustee trying to recover money for investors cheated by Bernard Madoff is suing JP Morgan Chase for $6.4 billion, saying the ban...

Prosecutors Hunting Millions In Additional Assets In Madoff Case

AP | Posted 05.25.2011 | Business

NEW YORK — Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Be...

SEC To Hire 500, Engage in Social Media

Michael Martin | Posted 01.20.2012 | Business
Michael Martin

The SEC is embracing social media as part of its outreach, with plans for Twitter and Facebook accounts: you'll even be able to write on their wall.

Bernie Madoff Right-Hand Man Frank DiPascali's Family Can Keep $178,000

AP | Posted 05.25.2011 | New York

NEW YORK — The government says the wife of Bernie Madoff's right-hand man can keep $178,000 after the family gave up millions of dollars in asse...

Frank DiPascali Jr. Gets 'Extraordinary' Leniency | DIANA B. HENRIQUES | Posted 05.25.2011 | Business

Prosecutors expect to recommend "extraordinary" leniency for Frank DiPascali Jr., who has admitted being Bernard L. Madoff's crucial lieutenant in his...

Madoff's Manhattan Penthouse Under Contract

BusinessWeek | Oshrat Carmiel | Posted 05.25.2011 | Business

Feb. 5 (Bloomberg) -- Bernard Madoff's penthouse apartment on Manhattan's Upper East Side is under contract to be sold after almost five months on the...

Madoff's Brother, Peter Madoff, Now A Subject Of Criminal Probe

AP | Posted 05.25.2011 | Business

NEWARK, N.J. — A lawyer for the brother of Ponzi king Bernard Madoff said in court papers made public Wednesday that his client has been told he is ...

Stanley Chais, Investor Tied To Madoff, The Subject Of New Criminal Probe

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — A criminal probe of a prominent California investment manager parallels a civil investigation that concluded he fed nearly $1 billion...

Boys Gone Wild: The Mine's Bigger Than Yours Market

Sharon Meers | Posted 05.25.2011 | Business
Sharon Meers

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.

Bernard Madoff Transferred From Prison To Medical Facility

Posted 05.25.2011 | Business

BUTNER, N.C. (AP) -- Bernard Madoff has been moved from a North Carolina federal prison to a prison medical facility. Federal Bureau of Prisons spoke...

Madoff Trading Floors: How They Operated Detailed In New Account | John Dodge | Posted 05.25.2011 | Business

Over the past six weeks, Securities Industry News has dug into and beyond the court records to construct the most extensive report yet on how Madoff a...

Half Of Madoff Clients Technically Made Money

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Federal prosecutors said Tuesday that a review of most accounts held by financier Bernard Madoff's customers when he was arrested sho...

The Greatest Financial Scandals

Business Week | Brian Burnsed | Posted 05.25.2011 | Business

The now infamous dealings of Bernard Madoff, the money manager accused by federal authorities of running a $65 billion Ponzi scheme, have dominated he...

10 Reasons Why People of Faith Should Support Healthcare Reform

Edward J. Murray | Posted 05.25.2011 | Politics
Edward J. Murray

We must help the President and Congress do what we sent them to Washington to do: reform healthcare insurance coverage in the U.S. now. Even faith demands it. Doesn't it?

Markopolos: Credit Default Swaps Bigger Scam Than Madoff

New York Post | Posted 05.25.2011 | Business

HARRY Markopolos -- the whistleblower on Bernie Madoff who proved to be much smarter than the SEC -- says there are evildoers out there who will make ...


Norman Horowitz | Posted 05.25.2011 | Business
Norman Horowitz

We are all victims of a deregulatory Tsunami that has been in process in order to make the "big guys bigger."

Bernard Madoff 's Office For Rent (PHOTOS)

AP | Posted 05.25.2011 | New York

NEW YORK (AP) -- Behind unmarked doors on the 17th floor of a red granite high-rise known as the Lipstick Building, FBI agents still labor to unravel ...