Madoff Scandal

Madoff Victims Include Teacher, Street Vendor

Bloomberg | Charles Penty and Esteban Duarte | Posted 02.21.2009 | Business


Jan. 21 (Bloomberg) -- Banco Santander SA sold Bernard Madoff investments to a teacher and a street vendor, not just to wealthy private banking client...

Madoff: Investment Fund, or Virtual Reality Game?

Charles H. Green | Posted 02.17.2009 | Business


Charles H. Green

It's beginning to look like Madoff's business model had less in common with a hedge fund or investment management firm than it did with an online virtual reality game.

Ruth Madoff: What Did Bernie's Wife Know?

New York Times | DAVID SEGAL and ALISON LEIGH COWAN | Posted 02.15.2009 | Business


To friends, they were "Bernie-and-Ruth" or "Ruth-and-Bernie," a pair so inseparable that you wouldn't mention one without the other. After nearly 50 y...

A Letter from Bernie Madoff

Andy Borowitz | Posted 01.15.2009 | Business


Andy Borowitz

"Dear neighbors, in exchange for all the support you've shown me, I'd like to do something for you -- in the form of the investment opportunity of a lifetime."

Madoff's Enablers Are A Lot Like Bob Woodward

David Fiderer | Posted 06.06.2009 | Media


David Fiderer

Woodward and feeder fund mogul Walter Noel were cut from the same cloth -- bigwigs who traded on their insider status to access special information, and who ignored the incriminating evidence hiding in plain sight.

Is Bernie Madoff's Life in Danger?

Laurence Leamer | Posted 02.12.2009 | Business


Laurence Leamer

Many of Madoff's victims were part of an acquisitive community overly concerned with wealth and status. But something is happening now that will likely change the whole temper of this tale.

Rich Get Poorer, Poor Disappear

Barbara Ehrenreich | Posted 02.12.2009 | Politics


Barbara Ehrenreich

As the poor and the formerly middle class Nouveau Poor become the American majority, they will finally have the clout to get their needs met.

Bernie Madoff Escapes Jail, Judge Declines To Revoke Bail

AP | LARRY NEUMEISTER | Posted 02.12.2009 | Business


NEW YORK — A judge on Monday allowed Bernard Madoff to remain confined to his Manhattan penthouse, rejecting a bid to jail the disgraced financi...

Take That Smug Smile Off Madoff Now

Vicky Ward | Posted 02.11.2009 | Business


Vicky Ward

Even if Madoff goes to jail today, he still doesn't face indictment for at least another 30 days. The grand jury has been given an extension to deliberate -- and some of us are baffled as to why.

Madoff Scammed Sister, Sondra Wiener, Out Of Millions: Report

New York Post | Posted 02.11.2009 | Business


Bernard Madoff didn't even spare his own family. The Ponzi schemer scammed millions from his sister, who is now desperately selling her Florida home...

Investigators: Brace For More Madoff Scandals

Politico | EAMON JAVERS | Posted 02.11.2009 | Business


Barack Obama's economic team, already reeling from the financial meltdown, certainly doesn't need any more headaches. But investigators and Washington...

Investigators Scrutinizing Peter Madoff, Madoff's Brother

Wall Street Journal | Posted 02.10.2009 | Business


As the No. 2 executive at Bernard L. Madoff Investment Securities LLC, Peter Madoff worked side by side with his older brother Bernard for nearly 40 y...

Judge To Rule On Whether To Jail Madoff Monday

Reuters | Grant McCool | Posted 02.10.2009 | Business


A U.S. judge will issue a written ruling at noon on Monday on a request by U.S. prosecutors to revoke the bail of accused swindler Bernard Madoff and ...

Madoff Was Ready To Send Out $173 Million To Family And Friends At Time Of Arrest, Prosecutors Say

AP | LARRY NEUMEISTER | Posted 02.09.2009 | Business


NEW YORK — Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was r...

Madoff Checks Found At Arrest Totalled $173 Million

ABC | Posted 02.09.2009 | Business


Prosecutors arguing that alleged $50 billion scammer Bernard Madoff should be put in jail immediately say that when Madoff's desk was searched followi...

Prosecutors: Madoff Sent $1 Million Worth Of Diamonds, Watches

Reuters | Grant McCool | Posted 02.07.2009 | Business


Accused swindler Bernard Madoff should be jailed for violating a court order by mailing $1 million worth of diamonds, watches and other jewelry to fri...

Madoff Swindle Does Significant Damage To Reproductive Rights Organizations

Salon | Nancy Goldstein | Posted 02.07.2009 | Style


For all the ink that's been spilled on the Madoff investment scandal, I've read nothing about its impact on funding for progressive women's causes -- ...

d'Artoon -- Regrifting

John Krifka | Posted 02.07.2009 | Politics


John Krifka

...

Austrian Woman Who Gathered Billions From Wealthy Investors For Madoff Drops Out Of Sight

New York Times | NELSON D. SCHWARTZ and JULIA WERDIGIER | Posted 02.06.2009 | Business


With an aggressive style that stood out in the staid world of Austrian banking even more than her bouffant red wig, Sonja Kohn made few friends gather...

Madoff Received $250 Million Ten Days Before Firm's Crash

Wall Street Journal | ROBERT FRANK and AMIR EFRATI | Posted 02.06.2009 | Business


Ten days before his arrest, Bernard Madoff received $250 million from a man who helped give him his start on Wall Street, a move that shows how the in...

Lawyer: Madoff Cooperating With Federal Probes

Reuters | Grant McCool and Martha Graybow | Posted 02.06.2009 | Business


Bernard Madoff is cooperating with government investigations into his alleged $50 billion fraud, one of his lawyers said on Tuesday, as prosecutors so...

The Dupes of Madoff: Too Small-Minded to Fail?

Nancy L. Cohen | Posted 02.06.2009 | Business


Nancy L. Cohen

There are only two questions of significance in the Madoff scandal. What does it tell us about our times? What should be done about it?

Ryan Grim

Madoff Investigator Wants To Broaden Scope Of Inquiry

HuffingtonPost.com | Ryan Grim | Posted 02.05.2009 | Politics


The investigation into federal regulators' complicity in -- or failure to detect -- the Bernard Madoff ponzi scheme could get a lot bigger, the lead i...

God Vs. Madoff

Leeat Granek, PhD | Posted 02.05.2009 | Business


Leeat Granek, PhD

Madoff's behavior is reprehensible, disgusting, and selfish to an unprecedented degree. In fact, the scandal is so clear-cut, it's almost boring. There is no grey area.

Why We Keep Falling For Financial Scams

Wall Street Journal | STEPHEN GREENSPAN | Posted 02.03.2009 | Business


There are few areas where skepticism is more important than how one invests one's life savings. Yet intelligent and educated people, some of them naï...