Sympathy is one thing Bernie Madoff won’t see in the courtroom as he appears later this month for sentencing. The Poster Child for Greed, Madoff won’t likely see daylight in the outside world for a long long time. Many are urging the judge to give him the maximum 150 year sentence. The Associated Press More…
It seems every week word of another P0nzi scheme seems to surface. Why? As the phrase went in the 1992 presidential campaign, “It’s the economy stupid”. By Del Quentin Wilber Washington Post Staff Writer WASHINGTON — The great recession has decimated many industries; home builders, automakers and bankers are obvious casualties. Now, add Ponzi schemers…
Bernie Madoff, one of the saddest figures of our times, is finally headed to prison after living far too long in his New York penthouse. Now the question is whether his wife will get to keep anything and whether she knew what was going on. She may end up being sort of a Carmela Soprano…
We knew mortgage fraud in this country had spun out of control and we certainly remember Enron. But Bernie Madoff was a signal that fraud in this nation was so pervasive that more needed to be done. The public is demanding it and it looks like the fed and state prosecutors are starting to respond….
In every passing week, the level of disgust in the Bernie Madoff case rises. By Reuters BOSTON/NEW YORK – The wife of Bernard Madoff withdrew more than $15 million from an account linked to the accused swindler in the days before his arrest, Massachusetts authorities said on Wednesday, adding a new layer of intrigue to…
The civil case may be settled, but many are still waiting for the criminal case and for Bernie Madoff to head off to prison. By CBS and Associated Press The Securities and Exchange Commission on Monday announced an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine…
Bernie Madhoff figured out how to bring home the bacon. By Peter Cohan BloggingStocks Actor Kevin Bacon famous for the six degrees of separation theory — that is, Kevin Bacon is connected by film role to every actor through at most six other actors. For instance, Bacon was a guest on NBC’s Will and Grace…
