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Madoff Scandal

Madoff's French Chateau In Crosshairs

New York Post | BRUCE GOLDING and DAN MANGAN | Posted 05.25.2011 | Business

Sacre bleu! A battle royal between American and French authorities is brewing over ownership of Ponzi king Bernard Madoff's $1 million getaway on t...

Ruth Madoff Shopping

New York Post | BRUCE GOLDING and DANIEL SHAPIRO | Posted 05.25.2011 | Business

She was shopping for detergent but will she come clean? Ruth Madoff, looking like a desperate housewife, went grocery shopping last night, just hou...

Madoff, AIG and the American "Gospel of Success"

Hoyt Hilsman | Posted 05.25.2011 | Politics
Hoyt Hilsman

On an increasingly crowded, polluted and interdependent planet, the human race may not be able to indulge the "cultural DNA" of a society that has Darwinian opportunism as a credo.

Madoff Prison Stay To Last Until Sentencing

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Disgraced financier Bernard Madoff was properly put in prison to await sentencing in one of the largest financial frauds in history, ...

Mrs. Madoff's Piano

Jeff Danziger | Posted 05.25.2011 | Business
Jeff Danziger


Federal appeals court hears Madoff jail argument

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — An appeals court considering whether Bernard Madoff should remain jailed pending sentencing grilled lawyers for both sides Thursday, ...

David Friehling, Madoff Accountant, Charged With Fraud

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Bernard Madoff's longtime accountant was arrested on fraud charges Wednesday, accused of aiding the man who has admitted cheating tho...

LEAKED: Bernie Madoff's Goodbye Letter

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp


Beating Bernie

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

The stories about Bernie Madoff keep coming and many articles find common roots in one question. How did Madoff fool so many people? It's the wrong question.

Sesame Street Explains The Madoff Scandal (VIDEO)

Huffington Post | Alex Leo | Posted 05.25.2011 | Comedy

No doubt the Madoff scandal is complicated, especially for children. To make it easier to understand Jimmy Kimmel commissioned Ernie and Cookie Monste...

Madoffs Worth More Than $823 Million

AP | TOM HAYS and LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — By all accounts, Bernard Madoff isn't talking. And his wife, his sons, his brother and other key employees have lawyered up. That mea...

Madoff Could Have Fleeced his Victims Legally

Gregg Easterbrook | Posted 05.25.2011 | Business
Gregg Easterbrook

Had most Madoff investors simply followed conventional financial theory about retirement, most would still have their money.

Inside Madoff's Mind: A Psychic Profile

wowOwow | Peggy Rometo | Posted 05.25.2011 | Business

My feeling is that Madoff was approached by an underground group, possibly originating in Argentina or somewhere else in South America, to find a simp...

Madoff Walks Into Courthouse (VIDEO)

Huffington Post | Posted 05.25.2011 | Business

Below is a video of Bernie Madoff entering a Manhattan court Thursday to plead guilty to a massive fraud cause involving tens of billions of dollars. ...

Madoff sent to jail as furious victims applaud

AP | LARRY NEUMEISTER and TOM HAYS | Posted 05.25.2011 | Business

NEW YORK — Careful to blame only himself, a "deeply sorry and ashamed" Bernard Madoff pleaded guilty Thursday to pulling off what could be the b...

Mr. Madoff Goes To Jail

Duncan Quirk | Posted 05.25.2011 | Comedy
Duncan Quirk

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 05.25.2011 | Business
Earl Ofari Hutchinson

Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.

Ruth Madoff, Kids Targets Of Probe, Bernie Not Cooperating: Report

The Daily Beast | Lucinda Franks | Posted 05.25.2011 | Business

Two days before Bernard Madoff enters an 11-count guilty plea in Manhattan federal court, the investigation into his giant Ponzi scheme has broadened ...

Madoff Could Go Directly To Jail After Plea Hearing

New York Times | DIANA B. HENRIQUES | Posted 05.25.2011 | Business

When Bernard L. Madoff arrives in federal court on Thursday to plead guilty to operating a vast 20-year Ponzi scheme, there is a strong chance that he...

Madoff To Plead Guilty To 11 Counts, Could Mean 150 Years In Prison

AP/Huffington Post | LARRY NEUMEISTER and TOM HAYS | Posted 05.25.2011 | Business

UPDATE: According to a letter sent by federal prosecutors to Madoff's attorney, Ira Lee Sorkin, the government seeks a stunning maximum $170.8 billion...

Madoff Victims Payout: 12 To Receive $500,000 Checks

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Irving H. Picard, the trustee overseeing the liquidation of Madoff's assets, has sent 12 checks to unnamed victims of the alleged fraud for $500,000 e...

Madoff's Fake Trading Tickets | Posted 05.25.2011 | Business

A longtime aide to disgraced financier Bernard Madoff instructed two assistants to generate trading tickets, now believed to be bogus, for Madoff's in...

Madoff Victims' Day In Court: Judge Invites Them To Testify

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Bernard Madoff could soon find himself in a courtroom with some of the same devastated investors who he is accused of ripping off in ...

Madoff's Ponzi Scheme: $50 Billion Figure May Be Fictitious

AP | TOM HAYS and LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Bernard Madoff and $50 billion. His name and that number have become inseparable in describing the enormity of what has been called t...

Madoff Plea Deal May Be In The Works

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

***UPDATE 8:50pm*** The New York Times reports that Madoff is expected to plead guilty at a plea hearing next Thursday. The AP has more details on F...