The Inauguration Cannot Come Quickly Enough
In a sense, we made Madoff. This society and its desire for results and more results. The disease of more. The Bush legacy: No regulation. A free-for-all.
In a sense, we made Madoff. This society and its desire for results and more results. The disease of more. The Bush legacy: No regulation. A free-for-all.
AP | ADAM GELLER | Posted 01.21.2009 | Business
NEW YORK — In the nonprofit legal center Steven Schwartz runs from a converted furniture store in Northampton, Mass., the e-mail was very good n...
Bob Franken | Posted 01.20.2009 | Politics
If only Horatio Alger had been around today instead of the 19th century, so he could write new stories about how hard work is all it takes to make your fortune. He would have so much material.
ProPublica | Posted 01.19.2009 | Business
The Securities and Exchange Commission is taking a drubbing these days for its abject failure―despite detailed tips―to catch Bernie Madoff in what...
James Berman | Posted 01.19.2009 | Business
Hedge fund are required to carefully investigate their potential investments. When a "fund-of-funds" farms its money out to another manager, a few simple questions are due diligence 101.
Charles H. Green | Posted 01.19.2009 | Business
The Trust Equation describes the components of trustworthiness. Measuring Bernie Madoff by the trust equation shows just what an effective job he did at mimicking genuine trust.
Fortune's Stanley Bing | Posted 01.19.2009 | Business
Looking over the list of poor saps who were hoovered into the Madoff money vacuum, it occurred to me that we might have found an excellent beneficiary of some the remaining bailout bonanza.
AP | Posted 01.19.2009 | Media
NEW YORK — The Bernard Madoff books are in the works. Less than one week after the former chairman of the Nasdaq Stock Market was arrested for ...
Christopher Brauchli | Posted 01.18.2009 | Business
Thousands of extremely wealthy individuals have now learned that their wealth has been taken from them by a man who led them to believe for years.. that their fortunes were safe if entrusted to him.
Rick Horowitz | Posted 01.18.2009 | Business
Who does this to people? Who takes families' life savings, everything they built up over all the years and years, everything they need for later, and just takes like a thief until there's nothing?
Dave Belden | Posted 01.18.2009 | Business
If cleaned up, Ponzi-free, derivative-free capitalism comes out of Madoff scandal, then good may yet come of his madness, and of our system.
Maddy deLone | Posted 01.16.2009 | Politics
In a time when many wonder what the public can do to help address the national economic uncertainty, the Bernard Madoff scandal brings at least part of the answer: Donate today.
John R. Price | Posted 01.16.2009 | Business
Bernard Madoff is a charming, sophisticated thief who used a common, garden-variety scheme to separate intelligent investors from their money. And the investors should have known better.
Huffington Post | Dave Burdick | Posted 01.15.2009 | Business
Since the announcement of his arrest, alleged fraudster Bernie Madoff's Wikipedia page has been a flurry of activity, with users frenetically adding a...
AP/WSJ/NY Times | Posted 02.04.2009 | Business
UPDATE 2/4/09: The full 162-page list of Madoff clients and customers compiled by restructuring firm AlixPartners has been released. See the list her...
AP | PAN PYLAS | Posted 01.15.2009 | Business
LONDON — European and U.S. stock markets fell modestly on Monday despite earlier Asian gains, as sentiment was dented by an alleged $50 billion ...
bloomberg.com | Posted 01.14.2009 | Home
U.S. regulators never inspected Bernard Madoff's investment advisory business, alleged to be a Ponzi scheme that cost investors $50 billion, after he ...
Wall Street Journal | Gregory Zuckerman | Posted 01.13.2009 | Business
Bernard L. Madoff is alleged to have pulled off one of the biggest frauds in Wall Street history. But there were multiple red flags along the way, inc...
Alec Baldwin | Posted 01.22.2009 | Politics