SubscribeElsewhere on The Exxchange: TARP | Christopher Cox | Warren Buffett | SEC | Federal Reserve |
# 3 News Source
New York Times
New York Times (www.nytimes.com) has great Bernard Madoff news, photos, videos and more
Wednesday, Jan 27
Meanwhile, Back at the Madoff Ponzi Scheme…
With all the fuss in Congress over the American International Group ’s collapse and bailout, it would be easy to overlook another debacle from the darkest days of the financial crisis: Bernard L. Madoff ’s vast Ponzi scheme. But there was news on that front as well on Wednesday.
Wednesday, Jan 6
Florida Lawyer to Plead Guilty in Ponzi Scheme
Bernard L. Madoff may have company soon. A disbarred South Florida lawyer agreed in federal court on Wednesday to plead guilty later this month to charges accusing him of running Ponzi scheme that cheated thousands of investors out of $1.2 billion.
Friday, Dec 18
Legal Fees Mount in Madoff Liquidation
A court-appointed trustee and a Manhattan law firm working together to unravel Bernard Madoff’s massive fraud have rung up an additional $22.1 million in legals fees, saying they’ve worked ”thousands of hours” on a job that will take years to complete, The Associated Press reported.
Thursday, Dec 17
Madoff Claims to Be Redone if Court Balks At Method
Madoff ran a Ponzi scheme, where earlier investors were paid with money from later investors. SIPC is a nonprofit agency created by Congress in 1970 to ...
Wednesday, Dec 9
Paterson Goes to Wall St. With Words of Thanks
He did not directly mention the meltdown of the mortgage market that set off the financial crisis or Bernard L. Madoff, the convicted Ponzi schemer. ... and more »
