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Always Thought Bernie Madoff Was an Amoral Sleazeball? So Does the New ABC Miniseries

David Hinckley | Posted 02.02.2016 | Entertainment
David Hinckley

You'd think that Bernard Madoff, who built the good life for himself with the biggest Ponzi scheme in history, might be a complex, nuanced, fascinating man. In an evil sort of way. You'd be wrong.

Madoff Victims' Payout Nears $7.2 Billion, Trustee Says

Reuters | Posted 02.22.2015 | Business

By Joseph Ax NEW YORK, Dec 22 (Reuters) - Victims of Bernard Madoff's massive Ponzi scheme will get a fresh $322 million payout if a ...

JP Morgan Chase, Bernie Madoff's $64.8 Billion Ponzi Scheme and Crime on Wall Street

Dennis M. Kelleher | Posted 02.18.2015 | Business
Dennis M. Kelleher

Despite a deep, close and extremely lucrative relationship that lasted decades, JP Morgan Chase wasn't even required to publicly disclose the information that detailed its complicity in Madoff's scheme, including how much money it made and how.

The Huge SIPC Risk Your Broker Isn't Disclosing

Laurence J. Kotlikoff | Posted 09.16.2014 | Money
Laurence J. Kotlikoff

Your broker has a duty to disclose all risks from investing with him and his company. He also has an obligation to tell the truth. If he misleads you, including failing to disclose a major risk to your investment, you can sue him personally.

5 Ex-Madoff Employees Found Guilty

AP | Posted 09.19.2014 | Business

NEW YORK (AP) — In a story March 24 about the convictions of five former employees for imprisoned financier Bernard Madoff, The Associated Press mis...

Missing in Action: Mental Health Community Fails Fraud Victims

Bradley Foster | Posted 04.27.2014 | Healthy Living
Bradley Foster

Major fraud cases grab the headlines for a few days or weeks, then forgotten until the next one comes along. We never have to wait long. Media typical...

Big Bank Settles Madoff Fraud Charges

Reuters | Posted 03.09.2014 | Business

NEW YORK (Reuters) - JPMorgan Chase & Co will pay a $1.7 billion penalty to settle charges by U.S. federal authorities that the bank failed to report ...

Madoff Deal Could Cost Bank Billions

Reuters | Posted 03.08.2014 | Business

Jan 5 (Reuters) - JPMorgan Chase & Co is nearing a $2 billion settlement with federal authorities to resolve suspicions that the bank ignored signs ...

Mark Gongloff

Report: JPMorgan In Trouble Over Madoff Ties | Mark Gongloff | Posted 01.23.2014 | Business

JPMorgan Chase is reportedly about to cut a sweet deal to dodge criminal charges over its role in the Bernie Madoff Ponzi scheme. It's just the latest...

Madoff Victims Look To Recoup Additional $2.35 Billion

Reuters | Posted 01.25.2014 | Business

By Jonathan Stempel NEW YORK, Nov 18 (Reuters) - Thousands of victims of Bernard Madoff's fraud, including many who have so far recove...

Ex-Madoff Worker: 'It Would Look Potentially Like A Real Trade'

Reuters | Posted 12.31.2013 | Business

By Joseph Ax NEW YORK, Oct 31 (Reuters) - A former trader at Bernard Madoff's investment firm described on Thursday how he helped cre...

Prosecutors: Madoff Was In 'Love Triangle' With Employee

Reuters | Posted 10.09.2013 | Business

By Nate Raymond NEW YORK, Aug 9 (Reuters) - Bernard Madoff was in a "love triangle" involving one of five former employees who are abo...

Steroids, Stocks and Too Good to Be True

Karen Firestone | Posted 03.19.2013 | Business
Karen Firestone

We need to consider when results, whether for cyclists, pitchers, runners, fund managers, or public companies are perhaps too good to be true and how we might look for the signs.

Mets and Madoff

Jeff Danziger | Posted 05.20.2012 | Politics
Jeff Danziger


Gary Ackerman Retiring

AP | CRISTIAN SALAZAR | Posted 03.16.2012 | New York

NEW YORK -- Longtime U.S. Rep. Gary Ackerman, a feisty Democrat known as much for scolding bankers and regulators as he was for his personal quirks li...

Judge: Mets Owe Up To $83 Million

AP | LARRY NEUMEISTER | Posted 05.05.2012 | Sports

NEW YORK — The New York Mets' owners must pay up to $83 million to the trustee recovering money for Bernard Madoff investors, a judge said Monda...

Mark Madoff's Widow Chronicles Family Fall In New Book

AP | TOM HAYS | Posted 12.20.2011 | New York

NEW YORK — The son of disgraced financier Bernard Madoff swallowed a batch of sleeping pills in a failed suicide attempt 14 months before he kil...

Can Anyone Stop the Next Madoff?

Jeff Prosserman | Posted 10.25.2011 | Business
Jeff Prosserman

In late 1999, Boston-based securities analyst Harry Markopolos discovered Bernard Madoff was running the largest Ponzi scheme in world history. His team pursued the truth for nearly a decade, only to find no one would listen.

How to Handle Hedge Fund Investing

Gemma Godfrey | Posted 08.27.2011 | Business
Gemma Godfrey

How can you, as an investor, handle hedge fund investing? Be strategic, be sensible and speak up.

Madoff Trustee Triples Size Of JPMorgan Lawsuit

Posted 08.25.2011 | Business

NEW YORK (Jonathan Stempel and Jochelle Mendonca) - The trustee seeking money for Bernard Madoff's victims is now demanding $19 billion in damages...

HSBC Reaches Settlement Over Madoff Lawsuit

Posted 08.07.2011 | Business

HSBC (HSBA.L) said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing admi...

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...

LOOK: Peter Madoff's $6.5M Mansion Hits The Market

AP/The Huffington Post | Posted 08.02.2011 | New York

NEW YORK -- Bernard Madoff's brother has his New York mansion on the market for $6.5 million. Peter Madoff is selling off real estate as he faces a...

Robert De Niro Taking On Epic Criminal

Posted 07.13.2011 | Entertainment

Robert De Niro has played plenty of law-breakers in his illustrious career, but they all seem like petty thieves compared to the king of organized cri...

The Shameful Performance of JP Morgan Chase Re: Madoff

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

I am astounded, stunned, shocked and ferociously outraged by the amoral performance of the establishment bank in America -- JP Morgan Chase (JPM,NYSE)...