Madoff Scandal Still Hurting Charities One Year Later
NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad. Hadassah, the century-old Jew...
NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad. Hadassah, the century-old Jew...
Reuters | Tom Hals | Posted 10.14.2009 | Business
Two victims of Bernard Madoff's Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission on Wednesday, seeking at leas...
MSNBC | MSNBC | Posted 10.14.2009 | Home
Madoff victims are suing the SEC, and John Oleske, a securities litigator at Herrick Feinstein, the firm filing the suit, talks to CNBC. (CNBC) ...
Dan Dorfman | Posted 10.12.2009 | Business
Nino Selimaj offered Madoff's victims free meals for an entire week at one of his seven city Nino's restaurants where the average dinner check, with wine, runs between $85 and $95 per person.
Posted 11.28.2009 | Business
The man in charge of unwinding Bernie Madoff's massive Ponzi Scheme appeared on 60 Minutes last night, in one of his first major public appearances. (...
CBS News | Font Size | Posted 10.17.2009 | Business
CBS News has learned the court-appointed trustee overseeing the Madoff case is ready to up the ante on behalf of victims. Trustee Irving Picard is po...
wsj.com | ARDEN DALE | Posted 09.05.2009 | Business
The Internal Revenue Service has begun to send refund checks to Madoff investors who paid taxes on money they thought they had made before the massive...
AP | Posted 08.16.2009 | Business
BOSTON — A Massachusetts philanthropist who lost most of his personal fortune in the Bernard Madoff scandal has paid $5 million out of his own p...
Sheldon Filger | Posted 08.01.2009 | Business
Among the multitude of Madoff clients who were literally picked clean of their life savings, I was struck by the contradiction between their apparent intelligence and acute naiveté.
Robert Weissman | Posted 07.31.2009 | Business
The 150-year sentence is headline grabbing, but what should surprise us is not that Madoff got such a long sentence, but that other corporate criminals escape with no criminal prosecution at all.
Norb Vonnegut | Posted 07.30.2009 | Business
If the system is broken, can Madoff victims expect just solutions? And since when do umpires share in the spoils of victory?
AP | The Associated Press | Posted 07.30.2009 | Business
Excerpts from statements made by victims of Bernard Madoff's financial fraud. Madoff was sentenced to 150 years in prison Monday. "I was introduced t...
Diane Francis | Posted 07.30.2009 | Business
Madoff is more than just a sociopath. Too much of this story doesn't hang together and he was too functional in other aspects of his existence.
Posted 07.30.2009 | Business
Bernard Madoff was sentenced to 150 years in prison earlier today, a maximum sentence. In front of the Manhattan courthouse, Madoff victims spoke out....
Aaron Dorfman | Posted 07.30.2009 | Business
The foundations that had the poor judgment to invest with Mr. Madoff share one thing in common: they all were governed by small, homogeneous boards of trustees.
AP | Posted 07.30.2009 | Business
NEW YORK (AP) -- Disgraced financier Bernard Madoff is due back in court today to hear his punishment for running a massive Ponzi scheme. Madoff's l...
Matt Weinstein | Posted 07.25.2009 | Living
Some genuine "wealth" in our lives is always created when we reach out to each other, when we make connections with each other, when we form a community together in times of crisis.
David Misch | Posted 07.24.2009 | Comedy
Life isn't about the day you die; it's about making money every second till you're arrested. Now, in just 6 easy steps, you can live just such an enchanted life: the Bernie Madoff Way!
The Huffington Post | Ryan McCarthy | Posted 07.16.2009 | Business
141 pages of misery. Today, New York City prosecutors filed a collection of statements from victims of Bernie Madoff that will make your head spin. ...
Norb Vonnegut | Posted 07.11.2009 | Business
Madoff victims don't need a cook. They need Solomon to sort through these complicated issues of law and fairness.
Minyanville | Minyanville | Posted 06.28.2009 | Home
There’s now about $1.25 billion in the pot of money available to compensate the victims of Bernie Madoff’s fraud. Two hedge funds run by ...
MSNBC | MSNBC | Posted 06.20.2009 | Home
May 20: Artwork from Picasso and Chagall are among items being put up for auction by people who lost money to Bernard Madoff's Ponzi scheme. WTVJ's Ni...
nytimes.com | Posted 06.08.2009 | Business
The trustee charged with recovering assets for investors defrauded by Bernard L. Madoff has started a "hardship program" for individual victims to acc...
New York Times | DIANA B. HENRIQUES | Posted 05.25.2009 | Business
Victims of Bernard L. Madoff's Ponzi scheme have accused his banker, JPMorgan Chase, of aiding his crime by maintaining his checking accounts and trad...
New York Daily News | Joanna Molloy | Posted 05.21.2009 | Business
Concetta Bertoldi is a psychic medium who has good news for victims of Bernie Madoff: They may get their money back. The bad news: Not till he's dead....
AP | DAVID B. CARUSO | Posted 12.11.2009 | Business