Madoff Scandal

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

AP/Huffington Post | LARRY NEUMEISTER and TOM HAYS | Posted 04.10.2009 | Business

Read More: Madoff Guilty Plea, Madoff 11 Counts, Madoff, 11 Counts Madoff, Bernard Madoff, Guilty Plea Madoff, Madoff Scandal, Madoff 150 Years, Bernie Madoff, Madoff Ponzi Scheme, 150 Years Madoff, Business News

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...

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

Huffington Post | Julie Satow | Posted 04.09.2009 | Business

Read More: Madoff Victims, Bernard Madoff, Madoff Scandal, Madoff Ponzi Scheme, Madoff, Bernie Madoff, Bernie Madoff Victims, Video, Business News

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...

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Madoff's Fake Trading Tickets

thestreet.com | Posted 04.09.2009 | Business

Read More: Trading Tickets Madoff, Bernard Madoff, Madoff Scandal, Madoff Ponzi Scheme, Madoff, Bernie Madoff, Madoff Trades, Madoff Trading Tickets, Madoff Tickets, Business News

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

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

AP | LARRY NEUMEISTER | Posted 04.07.2009 | Business

Read More: Madoff, Bernie Madoff Victims, Bernard Madoff, Madoff Victims, Madoff Scandal, Bernie Madoff, Madoff Ponzi Scheme, Business News

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 ...

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Madoff Plea Deal May Be In The Works

Huffington Post | Julie Satow | Posted 04.06.2009 | Business

Read More: Madoff Plea Deal, Bernard Madoff, Plea Deal Madoff, Madoff Scandal, Bernie Madoff, Madoff, Madoff Ponzi Scheme, Business News

***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...

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

AP | TOM HAYS and LARRY NEUMEISTER | Posted 04.06.2009 | Business

Read More: $50 Billion Ponzi Scheme, Madoff Fraud, Madoff, Bernard Madoff, Ponzi Scheme, Madoff Scandal, Madoff $50 Billion, Bernie Madoff, Madoff Ponzi Scheme, Business News

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...

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Madoff Portrait Draws Few Fans At Art Show

Bloomberg | Lindsay Pollock | Posted 04.05.2009 | Business

Read More: Armory Show Madoff, Portrait Madoff, Madoff Portrait, Madoff Painting Armory Show, Painting Madoff, Madoff Painting, Bernard Madoff, Madoff Scandal, Madoff Armory Show, Bernie Madoff, Armory Show Madoff Painting, Business News

March 5 (Bloomberg) -- A creepy portrait of Bernard Madoff found no fans at the Armory Show in Manhattan yesterday. The 7-foot-wide black-and-white...

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Bernie Madoff Victims Speak Out (VIDEO)

Huffington Post | Julie Satow | Posted 04.04.2009 | Business

Read More: Madoff, Madoff Fraud, Bernie Madoff Victims, Bernard Madoff, Madoff Victims, Madoff Scandal, Madoff Ponzi Scheme, Bernie Madoff, Business News

Vanity Fair is featuring video by Stephen Wilkes of a handful of Bernard Madoff's many victims telling their stories. There is the "penniless" Mau...

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Madoff's Universe Exposed: A Peek Into Bernie's World

Vanity Fair | Mark Seal | Posted 04.04.2009 | Business

Read More: Madoff, Bernie Madoff Victims, Video, Bernard Madoff, Madoff Victims, Madoff Scandal, Bernie Madoff, Madoff Ponzi Scheme, Business News

Among Bernard Madoff's many dupes were his closest friends, including two tycoons he loved as surrogate fathers: the late Norman F. Levy--whose girlfr...

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Can We Trust Government to Get Regulation Right?

Jamie Court | Posted 04.03.2009 | Business

Read More: Bernard Madoff, Wall Street Regulation, Barack Obama, Madoff Hearing, Madoff Fate, Madoff, Madoff Indictment, Madoff Trial, Ponzi Scheme, Madoff Scandal, Bernie Madoff, Madoff Ponzi Scheme, Madoff Jail, Business News

President Obama's SEC and entire regulatory structure needs to be far better. Consumers cannot wait.

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Stanford, Madoff Scandals Show Need for Campaign Finance Reform

Duncan Quirk | Posted 03.26.2009 | Politics

Read More: Legislative Term Limits, R. Allen Stanford, Madoff Fraud, Allen Stanford, Allen Stanford Sec Investigation, Stanford, Madoff Scandal, Public Financing, Bernie Madoff, Campaign Finance, Campaign Finance Reform, Madoff, Public Campaign Fincancing, Stanford Financial, 2008 Campaign, Public Campaign Financing, Bernard Madoff, Madoff Ponzi Scheme, Politics News

Senators and Representatives are elected to represent their constituents, so why should Madoff and Stanford and others be allowed to donate to campaigns for which they are not constituents?

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Obama: Madoff Behind Bars

Steve Rosenbaum | Posted 03.24.2009 | Politics

Read More: Sec, Marcus Schrenker, Bernard Madoff, Allen Stanford, Madoff Hearing, Madoff Fate, Madoff, Madoff Indictment, Madoff Trial, Ponzi Scheme, Madoff Scandal, Madoff Ponzi Scheme, Bernie Madoff, Madoff Jail, Politics News

President Obama, I have to ask, why isn't Bernie Madoff behind bars?

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Madoff Ponzi Scheme: No Indication Stocks Were Ever Purchased

AP | TOM HAYS | Posted 03.23.2009 | Business

Read More: Bernard Madoff, Madoff Scandal, Madoff Fraud, Bernie Madoff Ponzi Scheme, Bernie Madoff, Madoff, Bernie Madoff Victims, Ponzi Scheme, Madoff Ponzi, Madoff Ponzi Scheme Victims, Business News

NEW YORK — Investors wiped out by the Bernard Madoff scandal got more bad news on Friday: Investigators have confirmed suspicions that the month...

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The Zenith of Congressional Hypocrisy

Dan Solin | Posted 03.20.2009 | Business

Read More: Corruption, Sec, Harry Markopolos, Madoff Scandal, Finra, Bernie Madoff, Mary Schapiro, House Financial Services Committee, Business News

Now that posturing for the cameras is over, it will be business as usual at the SEC.

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Roosting Chickens

Gary Hart | Posted 03.14.2009 | Politics

Read More: Salmonella Peanut Butter, Investment Banks, Bush Administration, Gary Hart, Economy, Economic Crisis, Bernard Madoff, Madoff Scandal, Taxpayers, Politics News

What does the unrelated cast of characters featured in this evening's newscast have in common? They all benefited from the tax cuts and deregulation policies of George W. Bush.

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The End Time Chronicles

James Moore | Posted 03.13.2009 | Living

Read More: New York Yankees, Sports, Alex Rodriguez Admits Using Steroids, A-Rod Admits Using Steroids, A Rod Admits Using Steroids, A-Rod Steroid Use, Bernard Madoff, A Rod Steroid Use, Madoff Scandal, Peter Gammons, Alex Rodriguez, Alex Rodriguez Steroid Use, Baseball, Living News

You can't even ask the question "What the hell's wrong with us?" because the answer requires decades of explanation. An increasing number of Americans wonder if our country will even survive.

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Where Do We Set the "Restore" System Date?

Tom Tresser | Posted 03.13.2009 | Business

Read More: Fraud, Global Financial Crisis, Madoff Scandal, Financial Meltdown, FInancial Markets, Public Financing, Business News

At what point did our financial system stop producing real value and started selling soap bubbles? Can you quote any far-sighted individuals who saw all this coming?

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Madoff Scandal Takes Down Noel, Tucker's Fairfield Greenwich Group

New York Post | KAJA WHITEHOUSE | Posted 03.12.2009 | Business

Read More: Madoff Tucker, Madoff Fairfield Greenwich, Madoff Noel, Madoff Scandal, Madoff Noel Tucker, Madoff Hedge Fund, Business News

The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a s...

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Madoff Victims List Released (FULL LIST, SLIDESHOW)

Huffington Post | Nicholas Sabloff | Posted 03.07.2009 | Business

Read More: Name of Madoff's Clients Released in Court Filing, Madoff Victims, Madoff Scandal, Full List Madoff Victims, Madoff 162-Page Document, Madoff List, Madoff Victims List Released, Madoff Clients List, Madoff Scheme, Bernard Madoff, Full Madoff Victims List, Slideshow, Full List of Madoff Victims, Madoff Victims List, Madoff Cllients, Madoff Investors, Madoff Victim List, List of Madoff Victims, Madoff List of Clients, Madoff, List of Madoff Clients, Madoff Victims Names, Madoff's List, The Madoff List, Madoff Clients, List Madoff Victims, Madoff List Victims, Madoff List of Victims, Madoff Client List, Madoff List of Investors, Bernie Madoff List, Madoff Investor List, Business News

A 163-page document containing a list of people and companies that invested with Bernard Madoff's firm was released Wednesday in a court filing. The l...

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Bernie Madoff's Office Photos (SLIDESHOW, VIDEO)

Huffington Post | Julie Satow | Posted 03.06.2009 | Business

Read More: Slideshow, Madoff, Ponzi Scheme, Bernard Madoff, Madoff Victims, Madoff Scandal, Bernie Madoff, Madoff Ponzi Scheme, Bernie Madoff Office Photos, Bernie Madoff Office Pictures, Bernie Madoff Office, Madoff Office, Madoff's Office, Office Photos, Madoff Offices, Madoffs Office, Bernie Madoff Slide Show, Business News

Fox Business raises the blinds on Bernie Madoff's notorious three-floor offices in Midtown Manhattan's Lipstick Building. In addition to the photos,...

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JPMorgan Pulled Out Of Madoff Funds In Fall 2008: What Did They Know?

New York Times | CLAUDIO GATTI and DIANA B. HENRIQUES | Posted 03.01.2009 | Business

Read More: Bernard Madoff, Jamie Dimon, JP Morgan, Madoff Scandal, JP Morgan Madoff, Bernie Madoff, JPMorgan Madoff, Business News

JPMorgan Chase says that its potential losses related to Bernard L. Madoff, the man accused of engineering an immense global Ponzi scheme, are "pretty...

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Spain's Banco Santander Offers Madoff Victims Reimbursement

AP | DANIEL WOOLLS | Posted 02.28.2009 | Business

Read More: Madoff Ponzi Scheme, Banco Santander, Madoff Victims, Bernard Madoff, Madoff Scandal, Spain Madoff, Bernie Madoff, Spain, Bernie Madoff Victims, Business News

MADRID — Spain's Banco Santander offered euro1.3 billion ($1.7 billion) Tuesday to reimburse clients who lost money in New York financier Bernar...

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Teens Toilet Paper Madoff's House After Losing Trust Funds In Scam

palmbeachpost.com | SONJA ISGER | Posted 02.27.2009 | Business

Read More: Finance, Madoff Toilet Papering, Madoff Victims, Madoff Scandal, Teens TP Madoff, Bernie Madoff, Business News

PALM BEACH -- Tidbits of toilet paper twisted in the wind at Bernard Madoff's Palm Beach home Monday morning - possibly the work of some ticked off te...

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Bernie Madoff Cancer: Does Ponzi Scheme Architect Have Steve Jobs' Cancer?

Clusterstock | John Carney | Posted 02.23.2009 | Business

Read More: Finance, Economy, Madoff Cancer, Financial Crisis, Madoff Scandal, Cancer, Bernie Madoff, Business News

Buried in a Page Six item about Larry King's "severe" exposure to Bernie Madoff's ponzi scheme is the rumor that Madoff could be dying of pancreatic c...

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The Silver Linings: the Madoff Tax Credit

Edward Jay Epstein | Posted 02.22.2009 | Business

Read More: Bernard Madoff Scandal, Money, Bank of America, Aig, Ponzi Scheme, Madoff Scandal, Bernie Madoff, Barclays, Investors, Madoff Investors, General Motors, Madoff, Citibank, Ambac Financial, Bernard Madoff, Madoff Ponzi Scheme, Business News

To the extent that Madoff's investors paid taxes on false capital gains, they are owed tax refunds -- with interest; investors may deduct billions worth of their loss against other income.

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