Sustainability| More...
 

Madoff Scandal

Madoff Investor's Suicide Was An "Act Of Honor", Brother Says

Bloomberg | Alan Katz | Posted 02.03.2009 | Business

Read More: Investor Suicide, Madoff Fraud, Madoff, Madoff Victims, Madoff Scandal, Thierry De La Villehuchet, Rene-Thierry Magon De La Villehuchet, Business News

Thierry Magon de La Villehuchet's sense of honor led the descendent of French army officers and an ennobled shipping family to commit suicide after he...

Read Whole Story

Madoff Accepted $10 Million Six Days Before Arrest

Bloomberg | Christopher Scinta, David Glovin and Erik Larson | Posted 02.02.2009 | Business

Read More: Madoff Scam, Madoff Ponzi Scheme, Bernard Madoff, Madoff Scandal, Business News

Just six days before he was charged with running a $50 billion Ponzi scheme, Bernard Madoff allegedly agreed to invest $10 million for a family that h...

Read Whole Story

SEC Investigating More Ponzi Schemes In Madoff Wake

Bloomberg | Posted 02.02.2009 | Business

Read More: Sec, Economy, Financial Crisis, Christopher Cox, Personal Finance, Madoff Scandal, More Ponzi Schemes, Bernie Madoff, Madoff Ponzi Scheme, Ponzi Schemes, Business News

U.S. regulators working to untangle Bernard Madoff's alleged $50 billion Ponzi scheme are probing other money managers suspected of using similar tact...

Read Whole Story

Madoff's Statue Stolen, Returned With Note In Movie-Inspired Prank (VIDEO)

New York Post | Posted 02.02.2009 | Business

Read More: The Edukators, Madoff Scandal, Madoff Statue Stolen, Madoff Statue, Bernie Madoff, Die Fetten Jahre Sind Vorbei, Video, Statue Madoff, Madoff Educators, Business News

The pranksters who stole a statue from superscammer Bernard Madoff's Florida estate may have been inspired by a movie about young leftist radicals who...

Read Whole Story

MADOFF DISCLOSURE: How Much Can Victims Take Back From His Holdings?

AP | STEPHEN BERNARD and DAVID B. CARUSO | Posted 01.31.2009 | Business

Read More: Financial Crisis, Madoff Holdings, Madoff Victims, Bernard Madoff, Madoff Scandal, Business News

NEW YORK — Bernard Madoff gave the Securities and Exchange Commission a list of his personal assets Wednesday, but investors may have to wait to...

Read Whole Story

The Scam That Outscams "The Scam"

Dan Solin | Posted 01.30.2009 | Business

Read More: Investing, Sec, Bernard Madoff, Madoff Scandal, Funds of Funds, Hedge Funds, Business News
Dan Solin

The Bernie Madoff Ponzi scheme is generally regarded as the biggest financial scam of all time. I don't agree.

Read Post

Where Did Madoff's $50 Billion In Stolen Funds Actually Go?

Talking Points Memo | Zachary Roth | Posted 01.29.2009 | Business

Read More: Bernard Madoff, Madoff Money Scandal, Madoff Scandal, Madoff Ponzi Scheme, Madoff $50 Billion Where Did It Go, Business News

Almost since the news broke that Bernard Madoff had confessed to running a "$50 billion Ponzi scheme", one of the key unanswered questions has been, w...

Read Whole Story

How and Why Madoff Was Able to Trick so Many "Smart" People

Mark Goulston, M.D. | Posted 01.29.2009 | Living

Read More: Psychology of Influence, Neuropsychology, Bernard Madoff, Madoff Scandal, Madoff Psychology, Robert B Cialdini, Social Psychology, Influence, Living News
Mark Goulston, M.D.

How Madoff was able to do it can be explained by social psychology and why he was able to do it can be explained by neuropsychology.

Read Post

A Still-Pertinent Inquiry for All Madoff Watchers

Fortune's Stanley Bing | Posted 01.29.2009 | Business

Read More: Ponzi Scheme, Sec, Bernie Madoff, Retribution, Bernard Madoff, Madoff Money, Madoff Scandal, Business News
<i>Fortune</i>'s Stanley Bing

Where's the money? If the location has been revealed anywhere in video, print or online, I've missed it.

Read Post

Madoff Considering Insanity Defense Over $50 Billion Swindle

New York Daily News | Rush and Malloy | Posted 01.28.2009 | Business

Read More: Bernard Madoff, Madoff Lawyer Insanity Defense, Madoff Ponzi Scheme, Madoff Scandal, Madoff Insanity Defense, Business News

If you thought Bernard Madoff's $50 billion investment scheme was audacious, get ready for his alibi. Lawyers for the accused scammer are exploring an...

Read Whole Story

Madoff's Redemption

David Suissa | Posted 01.26.2009 | Living

Read More: Jewish Community, Chanukah, Hanukkah, Bernard Madoff, Madoff Scandal, Bernie Madoff, Living News
David Suissa

What worries me most is not that we will see more Madoff-level crimes of betrayal in our community, but that we so easily ignore the millions of little offenses we regularly inflict on each other.

Read Post

Send America to Rehab

Eric Margolis | Posted 01.24.2009 | Politics

Read More: George W. Bush, Main Street, United States, Madoff Scandal, Afghanistan War, Dick Cheney Iraq Visit, Iraq War, Al Qaeda Pakistan, Al Qaeda in Iran, Wall Street Crisis, Wall Street, Dick Cheney Iran, Financial Crisis, Muntazer Al-Zaidi, Iraq, Muntazer Al-Zaidi Throws Shoes at Bush, Madoff Ponzi Scheme, George Bush Legacy, Politics News
Eric Margolis

Ironically, while Bush and Cheney were obsessing over al-Qaida, and searching under every rock in Afghanistan for Osama bin Laden, the real danger to America was at home -- on Wall Street.

Read Post

Doubts Growing Over Whether Madoff Acted Alone

AFP | Marine Laouchez | Posted 01.24.2009 | Business

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

As a probe intensifies into Bernard Madoff, doubts are growing on whether the now-infamous Wall Street investment manager could have committed a recor...

Read Whole Story

Ponzi Schemes and How to Spot Them

Sunny Hostin | Posted 01.23.2009 | Business

Read More: Bernard Madoff, Madoff Scandal, Madoff Ponzi Scheme, Bernie Madoff, Madoff, Ponzi Scheme, Charles Ponzi, Business News
Sunny Hostin

As news spreads of Bernard Madoff's alleged $50 billion fraud, many are wondering what exactly a Ponzi scheme is and how to avoid becoming a victim.

Read Post

Ponzi Democracy

Rory O'Connor | Posted 01.23.2009 | Business

Read More: Ponzi Scheme, Bernard Madoff, Madoff Ponzi Scheme, Madoff Scandal, Bernie Madoff, Markopolos, Charles Ponzi, Business News
Rory O'Connor

Few accounts of the Madoff scandal have delved into the back-story of who "Ponzi" actually was, and how he became the legendary swindler whose name has since been enshrined in the financial Hall of Shame.

Read Post

Bernie Madoff: Lightning Rod for Anti-Semitism?

Joel Schwartzberg | Posted 01.23.2009 | Media

Read More: Anti-Semitism, Jews, Bernard Madoff, Anti-Defamation League, Madoff Scandal, Bernie Madoff, Jewish, Shana Madoff, Media News
Joel Schwartzberg

"The Bradley Effect", while a dispelled myth, made us look deeper into the dark corners of American culture. What will "The Madoff Effect" have?

Read Post

New Status Symbol: Getting Ripped Off By Madoff

Clusterstock | John Carney | Posted 01.22.2009 | Business

Read More: Wealth, Finance, Economy, Personal Finance, Bernard Madoff, Madoff Scandal, Bernie Madoff, Madoff Losses, Business News

And now the wealthy have a new status symbol: getting ripped off by Bernie Madoff. Because Madoff is said to have only accepted an exclusive group of ...

Read Whole Story

The Inauguration Cannot Come Quickly Enough

Alec Baldwin | Posted 01.22.2009 | Politics

Read More: John Thain, John Thain Bonus, Madoff, Inauguration, Obama Inauguration, Bernard Madoff, Sec, Madoff Scandal, Merrill Lynch Thain, Bernie Madoff, Madoff Ponzi Scheme, Politics News
Alec Baldwin

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.

Read Post

Algergone

Bob Franken | Posted 01.20.2009 | Politics

Read More: Economy, Corruption, Automaker Bailout, Big Three Automakers, Madoff, Economic Crisis, Enron, Bernard Madoff, Madoff Scandal, Bernie Madoff, Madoff Ponzi Scheme, Politics News
Bob Franken

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.

Read Post

Madoff Winners May Have To Give Back Earnings, Too

Fortune | Nicholas Varchaver | Posted 01.19.2009 | Business

Read More: Finance, Economy, Financial Crisis, Personal Finance, Madoff Victims, Bernard Madoff, Madoff Scandal, Bernie Madoff, Madoff Winners, Business News

Should you be penalized if you were smart enough to pull your money out of Bernard Madoff Investment Securities before it imploded in what appears to ...

Read Whole Story

Anatomy of a Con Artist: How Madoff Played the Trust Equation

Charles H. Green | Posted 01.19.2009 | Business

Read More: Bernard Madoff, Con Man, Trust, Con Artist, Business Ethics, Ethics, Madoff, Madoff Scandal, Madoff Ponzi Scheme, Bernie Madoff, Business News
Charles H. Green

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.

Read Post

Madoff Fallout: Israeli Programs That Relied On Madoff-Killed Charities Now In Trouble (VIDEO)

MSNBC | Posted 01.19.2009 | Business

Read More: Madoff Scam, Video, Madoff Fallout, Economy, Financial Crisis, Israel, Bernard Madoff, Madoff Scandal, Bernie Madoff, Business News

The Bernie Madoff effect continues to spread. The $50 billion that appears to have been lost in Madoff's now-famous fraud scheme has crippled and kill...

Read Whole Story

How About A Madoff Victim Bailout?

Fortune's Stanley Bing | Posted 01.19.2009 | Business

Read More: Henry Paulson, Bernard Madoff, Bernie Madoff, Bernie Madoff Victims, Bailouts, Madoff, Madoff Scandal, Madoff Ponzi Scheme, Business News
<i>Fortune</i>'s Stanley Bing

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.

Read Post

Where Caveat Emptor Still Stalks the Land

Charles H. Green | Posted 01.18.2009 | Business

Read More: Shark, Madoff, Ethics, Caveat Emptor, Wall Street Crisis, Wall Street, Mortage Crisis, Wall St Crisis, Economic Crisis, Financial Crisis, Bernard Madoff, Credit Crisis, Madoff Scandal, Bernie Madoff, Housing Crisis, Business News
Charles H. Green

I've met all too many people educated in our "best" schools who have come to believe that selling toxic waste to customers is a legitimate part of a noble, even moral, endeavor called capitalism.

Read Post

Madoff Unmasked: The Cry of the Snookered Investor

Rick Horowitz | Posted 01.18.2009 | Business

Read More: Madoff Ponzi Scheme, Palm Beach, Financial Crisis, Ponzi Scheme, Bernard Madoff, Bernie Madoff, Palm Beach Country Club, Real Estate, Charities, Investors, Madoff Fraud, Bernie Madoff Victims, Madoff Scandal, Business News
Rick Horowitz

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?

Read Post