Madoff

Jerome O'Hara And George Perez: Ex-Madoff Programmers ARRESTED For Alleged Cover-Up

AP | TOM HAYS | Posted 11.16.2009 | Business


NEW YORK — Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the crooked financier's m...

Madoff's Homes Get HUGE Price Cuts (PHOTOS)

Posted 11.11.2009 | Business


We all know it's a bad time for real estate. But even the luxury homes formerly owned by jailed financier Bernard Madoff are having a tough time selli...

The Most Scandalous White-Collar Cases Of 2009 (PHOTOS)

Huffington Post | Mallika Rao | Posted 11.11.2009 | Business


Bernie Madoff is only one of the white-collar offenders exposed this year for bilking the country out of millions. Whether stealing from dying family...

The $21.2 Billion Halloween Mask

Norb Vonnegut | Posted 10.29.2009 | Business


Norb Vonnegut

The season makes me wonder: What does it take to become a Halloween mask?

Jeffry Picower Dead: Madoff Friend Found At Bottom Of Pool

AP | BRIAN SKOLOFF | Posted 10.26.2009 | Business


PALM BEACH, Fla. — Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend...

Madoff's Long Island Home Sells For $9.41M

AP | Posted 10.16.2009 | Business


NEW YORK — Federal marshals say Bernard Madoff's Long Island beach house has sold for $9.41 million. The U.S. Marshals Service put the 3,000-sq...

Two Madoff Victims File Lawsuit Against The SEC

Reuters | Tom Hals | Posted 10.14.2009 | Business


Two victims of Bernard Madoff's Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission on Wednesday, seeking at leas...

Madoff In Prison Fight Over Stock Market: Report

Posted 10.13.2009 | Business


For all of his billions in faked profits, convicted Ponzi Schemer Bernie Madoff recently got into a very real fight with a fellow inmate over the stoc...

The Narcissistic Ego and Vampire Economy

Vivian Norris de Montaigu | Posted 10.06.2009 | Business


Vivian Norris de Montaigu

There are simply more and more narcissists than there were a few decades ago. There is less community and more selfishness, and it will affect how quickly we come out of this financial crisis.

Madoff Trustee Irving Picard: Let Madoff's Sons Go Bankrupt (VIDEO)

Posted 09.28.2009 | Business


The man in charge of unwinding Bernie Madoff's massive Ponzi Scheme appeared on 60 Minutes last night, in one of his first major public appearances. (...

Half Of Madoff Clients Technically Made Money

AP | LARRY NEUMEISTER | Posted 11.23.2009 | 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...

Michael Moore: Madoff's Prison Should Host A Viewing Of "Capitalism"

nydailynews.com | Posted 11.23.2009 | Business


IIf Michael Moore had his way, the next screening of his newest documentary, "Capitalism: A Love Story," would be at the Butner (N.C.) Federal Correct...

Mark Foley: Disgraced Former GOP Congressman Makes Radio Debut

AP | Posted 11.22.2009 | Politics


WEST PALM BEACH, Fla. — Former U.S. Rep. Mark Foley began his new career on a Florida political talk radio, three years after a lurid scandal ru...

California's Own Bernie Madoff

Jerry Brown | Posted 11.21.2009 | Business


Jerry Brown

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.

Sculpture From Madoff's Beach Home Missing

AP | Posted 11.17.2009 | Business


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SEC Officials Promise Changes After Madoff Failure

AP | By MARCY GORDON | Posted 11.10.2009 | Business


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Madoff Caught On Tape Coaching Witness To Fool SEC (AUDIO, TRANSCRIPT)

Posted 11.10.2009 | Business


As the AP reports, in 2005 Bernie Madoff was actually caught on tape coaching an employee at Fairfield-Greenwich Advisors in the fine art of fooling t...

Madoff's Properties In NYC, Florida For Sale (PHOTOS)

AP | TOM HAYS and CURT ANDERSON | Posted 11.09.2009 | Business


As the AP reports this morning, Bernard Madoff's luxury real estate - and one infamous boat - are being put up for sale by the U.S government. This in...

Family of SEC Official Whose Unit Got Madoff Tip Lost $2 Million In Scam

bloomberg.com | David Scheer and Joshua Gallu | Posted 10.23.2009 | Business


Sept. 7 (Bloomberg) -- Family members of a U.S. Securities and Exchange Commission enforcement official, whose unit got a tip in 2005 that Bernard Mad...

The Greatest Financial Scandals

Business Week | Brian Burnsed | Posted 10.18.2009 | 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...

Shahien Nasiripour

Madoff Claimed He Was "On The Short List" To Be Next SEC Chairman

HuffingtonPost.com | Shahien Nasiripour | Posted 09.02.2009 | Business


Bernard Madoff once boasted that he "was on the short list" to be the next chairman of the Securities and Exchange Commission, according to a report i...

SEC Mishandled Multiple Madoff Probes, Report Finds

AP | MARCY GORDON | Posted 10.18.2009 | Business


WASHINGTON — Pushing past years of "red flags," investigators at the Securities and Exchange Commission bungled their probes of Bernard Madoff s...

Madoff Sons May Pay For His Sins: Trustee Seeks Millions On Behalf Of Victims

CBS News | Font Size | Posted 10.17.2009 | Business


CBS News has learned the court-appointed trustee overseeing the Madoff case is ready to up the ante on behalf of victims. Trustee Irving Picard is po...

Madoff Account Made JPMorgan $483M: Linus Wilson

Crain's New York Business | Aaron Elstein | Posted 10.16.2009 | Business


J.P. Morgan Chase & Co. generated nearly half a billion dollars in profits from serving Bernie Madoff, according to data compiled by a well-known fina...

NY Post's Madoff Cancer Story "Innacurate", Madoff Doesn't Have Cancer, Isn't Dying: Prison Official

Huffington Post | Posted 09.24.2009 | Business


This morning the NY Post declared that Bernie Madoff had cancer (headline: Bernie's Cancer Cell: Madoff Dying-- Unless He Can Cheat Death, Too). But ...