The home of the the $23 million, alleged fraudster is less than one minute's walk from the Florida estate of Bernie Madoff.
Norb Vonnegut | Posted 05.22.2009 | Business
Twenty million dollars is enough to cover the cost of 10 lawyers for more than 18 months.
Norb Vonnegut | Posted 05.20.2009 | Business
We find similarities every time a new Ponzi scheme is uncovered. I would suggest another example of recurring behavior: Philanthropy.
Ron Mwangaguhunga | Posted 05.16.2009 | Business
"The first piece of advice," said Kuby on his syndicated program, is that "prison is designed to be arbitrary...you have to live with the arbitrary system of the penal code. Period."
Matthew Stein | Posted 05.07.2009 | Green
If our world is to maintain its current rate of oil consumption, then we would need to find and develop a Saudi Arabia's worth of oil every year for the next year or two from now to eternity.
Norb Vonnegut | Posted 05.04.2009 | Business
Incremental solutions, the nuts and bolts of everyday financial planning, help. Diversify your investments. Tweak your estate plans by funding trusts or opening accounts for your kids.
Andy Borowitz | Posted 04.02.2009 | Comedy
On NPR yesterday, I revealed that the U.S. Treasury is also running an elaborate Ponzi scheme, selling worthless pieces of paper called "U.S. Treasuries" to unsuspecting investors.
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...
B. Jeffrey Madoff | Posted 04.25.2009 | Business
There is no intrinsic value in words, it's how they are put together and how they are interpreted and whether they are believed. It's the same with the numbers that tell the story of the economy.
Dr. Susan Corso | Posted 04.22.2009 | Living
Watching Bill Maher last week, I was arrested by his suggestion that those who qualify for Social Security and are well-off should not collect their g...
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...
HuffingtonPost.com | Arthur Delaney | Posted 04.17.2009 | Business
Internal Revenue Service commissioner Douglas Shulman announced Tuesday at a Senate Finance Committee hearing that the IRS would give a break to victi...
Sherman Yellen | Posted 04.17.2009 | Politics
Madoff is the wrong poster boy for horrendous greed and abuse of trust. Bush has been the sleeping Nanny of the stock market, the one responsible for the accrual of overwhelming national debt.
Vicky Ward | Posted 04.16.2009 | Business
The war on the rich is spreading fast. People with money are being scrutinized in a way they never used to be.
Gregg Easterbrook | Posted 04.13.2009 | Business
Had most Madoff investors simply followed conventional financial theory about retirement, most would still have their money.
Norb Vonnegut | Posted 04.13.2009 | Business
The stories about Bernie Madoff keep coming and many articles find common roots in one question. How did Madoff fool so many people? It's the wrong question.
Leighann Lord | Posted 04.11.2009 | Comedy
I've heard it fervently hoped that Bernie should rot in hell. That's only fitting since Satan lost money too.
Vicky Ward | Posted 04.11.2009 | Business
Following inquiries with locals in North Salem, I am happy to report that the ponies formerly stabled with Paul Greenwood, the alleged fraudster, are safe.
Earl Ofari Hutchinson | Posted 04.11.2009 | Business
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.
B. Jeffrey Madoff | Posted 04.10.2009 | Business
It's not the people in poor neighborhoods who are most likely to steal your money. The greatest and most far reaching financial damage is perpetrated by the wealthy.
Vicky Ward | Posted 04.10.2009 | Business
For all those worried about the hundred or so valuable show ponies stabled in North Salem by alleged fraudster Paul Greenwood and his wife Robin, here's an update.
Giles Slade | Posted 04.09.2009 | Business
Ponzi schemers are only the worst of the class of corporate fraudsters that squeezed every nickel out of their countrymen. This is America. Justice is the credo. These people must be punished.
Time | Robert Chew | Posted 04.07.2009 | Business
With so many Ponzis and so little time to know if you've been hoodwinked, there are some red flags even the most trusting investors can bank on: yacht...
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...
Jamie Court | Posted 04.03.2009 | Business
President Obama's SEC and entire regulatory structure needs to be far better. Consumers cannot wait.
Norb Vonnegut | Posted 05.24.2009 | Business