Banco Santander To Pay $235 Million In Madoff Case
Banco Santander, which funneled $3 billion of its clients' money to Bernard L. Madoff, agreed Tuesday to pay $235 million to settle potential legal cl...
Banco Santander, which funneled $3 billion of its clients' money to Bernard L. Madoff, agreed Tuesday to pay $235 million to settle potential legal cl...
Jeff Kreisler | Posted 06.25.2009 | Comedy
Everyone's doing it--from sleazy CEOs to 'roided-up home run kings, silicone-enhanced starlets, and backroom-dealing congressmen--so why not you?
Norb Vonnegut | Posted 06.23.2009 | Business
If this were Hollywood, the courtroom would be jammed. Reporters everywhere. Rowdy audience. Distinguished lawyers snarling and prepping to rip each o...
Julia Cheiffetz | Posted 06.21.2009 | Media
During this moment of transition when budgets for long form journalism seem scarcer by the day, maybe looking to the classics or the public domain is one tiny way to keep our collective attention span in tact.
Huffington Post | Ryan McCarthy | Posted 06.19.2009 | Business
While the SEC did nothing for years as Bernard Madoff ripped off billions from his clients in one of the world's largest ponzi schemes, the trustee pu...
Norb Vonnegut | Posted 06.18.2009 | Business
The trustee is on a mission to recover funds. He has his agenda, and we're watching a game of hardball between the courts and some extremely wealthy investors.
Norb Vonnegut | Posted 06.14.2009 | Business
FINRA and the SEC are compounding a problem -- they're regulating unevenly. The result is that bad guys have a place to hide -- or to reinvent themselves.
New York Times | DIANA B. HENRIQUES and ZACHERY KOUWE | Posted 06.12.2009 | Business
About $12 billion was pulled out of accounts at Bernard L. Madoff's firm in 2008, according to several people briefed on an analysis of Mr. Madoff's b...
Norb Vonnegut | Posted 06.06.2009 | Business
Madoff's sense of order was legendary. He probably arrived at the office early just to run the vacuum cleaner. Other cons are similarly fastidious.
Norb Vonnegut | Posted 06.05.2009 | Business
Madoff's preferential treatment of some investors, however, is a big deal. It's a likely blueprint, I think, of the trustee's legal tactics.
Michael Moore | Posted 06.01.2009 | Business
Instead of putting those responsible for the financial crisis in jail, why did we give them huge sums of our hard-earned tax dollars. Bernard Madoff is nothing more than the scab on the wound.
FORTUNE | James Bandler and Nicholas Varchaver | Posted 05.25.2009 | Business
Fortune has learned that Frank DiPascali is trying to negotiate a plea deal with federal prosecutors in which, in exchange for a reduced sentence, he ...
New York Post | Posted 05.21.2009 | Business
BERNIE Madoff is coming to a movie theater near you. ...
AP/NBC | Posted 05.08.2009 | Business
NEW YORK — Bernard Madoff's wife has visited him in the Manhattan jail where he has been held since pleading guilty to orchestrating perhaps the...
AP | GREG KELLER | Posted 05.07.2009 | Business
PARIS — Another of Bernard Madoff's trophy assets has been seized, this time in the south of France. French authorities on the Cote d'Azur have...
AP | FRANK ELTMAN | Posted 05.04.2009 | Business
MINEOLA, N.Y. — Bernard Madoff's brother Peter gets access to $10,000 a month for living expenses under an agreement approved Friday in a lawsui...
AP | KELSEY ABBRUZZESE | Posted 05.02.2009 | Business
BOSTON — Massachusetts' top securities regulator accused a major feeder fund for Bernard Madoff's fraudulent investment scheme of misrepresentin...
New York Times | LANDON THOMAS Jr. | Posted 04.27.2009 | Business
British regulators said on Friday that the London office of Bernard L. Madoff played a large part in his sweeping Ponzi scheme, in one of the first si...
Bloomberg | Linda Sandler and David Voreacos | Posted 04.27.2009 | Business
March 27 (Bloomberg) -- The agency liquidating Bernard Madoff's brokerage says the $2.6 billion it has on hand is enough to satisfy all legitimate cla...
BusinessWeek | Matthew Goldstein | Posted 04.26.2009 | Business
Alleged fraudster R. Allen Stanford is gunning for a fight. Dick DeGuerin, the celebrated Houston criminal defense lawyer representing Stanford, ca...
Laurie Nadel | Posted 04.24.2009 | Living
When people lose money, it can be quite interesting. You can find out what you really love about life that keeps us here and what you came to this planet for is not necessarily your apartment.
New York Post | BRUCE GOLDING and DAN MANGAN | Posted 04.24.2009 | 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...
Richard B. Woodward | Posted 04.22.2009 | Comedy
When thinking of the Madoff saga as a fantastic comedy, I imagine him as a one-time character on Seinfeld. The pattern of the scandal mirrors the social network of the series.
Reuters | Jason Szep | Posted 04.20.2009 | Business
Hundreds of people in the United States are under investigation for financial scams, many involving Ponzi schemes, a U.S. regulator said on Friday, ca...
New York Post | BRUCE GOLDING and DANIEL SHAPIRO | Posted 04.20.2009 | 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...
New York Times | Zachery Kouwe | Posted 06.26.2009 | Business