Madoff

Ruth Madoff Shopping

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...

Madoff Prison Stay To Last Until Sentencing

AP | LARRY NEUMEISTER | Posted 04.20.2009 | Business


NEW YORK — Disgraced financier Bernard Madoff was properly put in prison to await sentencing in one of the largest financial frauds in history, ...

Federal appeals court hears Madoff jail argument

AP | LARRY NEUMEISTER | Posted 04.19.2009 | Business


NEW YORK — An appeals court considering whether Bernard Madoff should remain jailed pending sentencing grilled lawyers for both sides Thursday, ...

David Friehling, Madoff Accountant, Charged With Fraud

AP | LARRY NEUMEISTER | Posted 04.18.2009 | Business


NEW YORK — Bernard Madoff's longtime accountant was arrested on fraud charges Wednesday, accused of aiding the man who has admitted cheating tho...

Ruth Madoff's $100 Million Net Worth Should Be Forfeited: Prosecutors

AP | LARRY NEUMEISTER and TOM HAYS | Posted 04.16.2009 | Business


NEW YORK — Prosecutors probing Bernard Madoff's massive fraud are determined to leave his wife with almost nothing after telling a Manhattan cou...

LEAKED: Bernie Madoff's Goodbye Letter

Lee Camp | Posted 04.16.2009 | Comedy


Lee Camp

2009-03-16-Madoff_fp.jpg

American Idle

B. Jeffrey Madoff | Posted 04.16.2009 | Politics


B. Jeffrey Madoff

From the levees of Louisiana, to highways, bridges and our broadband capability, the infrastructure of America needs serious work. We have become the 1000-pound man trapped in his own house.

Madoffs Worth More Than $823 Million

AP | TOM HAYS and LARRY NEUMEISTER | Posted 04.13.2009 | Business


NEW YORK — By all accounts, Bernard Madoff isn't talking. And his wife, his sons, his brother and other key employees have lawyered up. That mea...

Madoff Files Appeal To Get Out Of Jail

AP | Posted 04.13.2009 | Business


NEW YORK — Bernard Madoff's lawyers are appealing a judge's decision to revoke his $10 million bail and send him to jail to await sentencing. Ma...

Mr. Madoff Goes To Jail

Duncan Quirk | Posted 04.12.2009 | Comedy


Duncan Quirk

Madoff Walks Into Courthouse (VIDEO)

Huffington Post | Posted 04.12.2009 | Business


Below is a video of Bernie Madoff entering a Manhattan court Thursday to plead guilty to a massive fraud cause involving tens of billions of dollars. ...

Madoff sent to jail as furious victims applaud

AP | LARRY NEUMEISTER and TOM HAYS | Posted 04.12.2009 | Business


NEW YORK — Careful to blame only himself, a "deeply sorry and ashamed" Bernard Madoff pleaded guilty Thursday to pulling off what could be the b...

Madoff Could Go Directly To Jail After Plea Hearing

New York Times | DIANA B. HENRIQUES | Posted 04.11.2009 | Business


When Bernard L. Madoff arrives in federal court on Thursday to plead guilty to operating a vast 20-year Ponzi scheme, there is a strong chance that he...

Help Dig Up The Praise That Today's Bailout Bandits Once Received

Matthew Palevsky | Posted 04.11.2009 | Business


Over the past few months we've seen the media begin to cast a hairy eye on many of the financial characters it once dubbed as experts, creators of gre...

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 04.11.2009 | Business


Earl Ofari Hutchinson

Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.

Ruth Madoff, Kids Targets Of Probe, Bernie Not Cooperating: Report

The Daily Beast | Lucinda Franks | Posted 04.11.2009 | Business


Two days before Bernard Madoff enters an 11-count guilty plea in Manhattan federal court, the investigation into his giant Ponzi scheme has broadened ...

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


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...

Madoff To Plead Guilty To 11 Counts, Faces Up To 150 Years In Prison

AP | LARRY NEUMEISTER and TOM HAYS | Posted 04.10.2009 | Business


NEW YORK — In a courtroom surprise, it was revealed Tuesday that Bernard Madoff will plead guilty Thursday to securities fraud, perjury and othe...

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

Huffington Post | Julie Satow | Posted 04.09.2009 | Business


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...

Madoff's Fake Trading Tickets

thestreet.com | Posted 04.09.2009 | Business


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

Selling Your Soul to the Devil for Fun and Profit

Stephen Mo Hanan | Posted 04.07.2009 | Home


Stephen Mo Hanan

Recently in New York I went to a preview performance of a rarely staged piece of music theater called "The Damnation of Faust," by Hector Berlioz. In ...

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

AP | LARRY NEUMEISTER | Posted 04.07.2009 | Business


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 ...

Madoff Plea Deal May Be In The Works

Huffington Post | Julie Satow | Posted 04.06.2009 | Business


***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...

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

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


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...

New York Art Fairs Adjust to the Sobering Economy

Jonathan Melber | Posted 04.05.2009 | Style


Jonathan Melber

The Armory Show kicked off yesterday in New York, but signs of the cruel economy are looming over the sprawling international art fair.