Bernard Madoff - best news, blogs, videos, photos and more - The Exxchange

Children feel ripple effects of the poor economy

28 Jan 2010 06:52:01 PST

On the surface, the married couple's disagreement was over whether or not to talk with their 12-year-old son about the significant financial losses the family had suffered from the unraveling of Bernie Madoff 's Ponzi scheme.

Original story at The New Canaan .

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Madoff Trustee Reports $220 Million Accord With Levy Family

28 Jan 2010 03:54:16 PST

The liquidator for Bernard Madoff’s defunct business said the family of deceased New York real estate magnate Norman F. Levy agreed to pay $220 million to settle claims over its profit from the fraud.

Original story at BusinessWeek .

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Meanwhile, Back at the Madoff Ponzi Scheme…

27 Jan 2010 17:26:07 PST

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.

Original story at New York Times .

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Madoff yacht prompts dispute over rights

20 Jan 2010 16:02:13 PST

The ownership of Bernard Madoff's $7 million yacht that was seized in the south of France should be decided by a French judge, investment firm Financiere Meeschaert told a London court.

Original story at Soundings .

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Mets bigs took $8M Madoff hit

18 Jan 2010 01:22:38 PST

Charities tied to Mets-owning brothers-in-law Fred Wilpon and Saul Katz got hosed for $8 million in the Bernie Madoff scandal, new tax records show. The losses came after the nonprofits posted several years of eye-popping returns on their investments with Madoff -- as much as 65 percent...

Original story at New York Post .

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Madoff victims angry over small payouts from SIPC

15 Jan 2010 10:03:00 PST

Attorney Helen Davis Chaitman came away from a series of meetings with about 350 Bernard Madoff victims in South Florida this week fighting mad. She said she’d continue working with lawmakers to push for full compensation for victims of the ponzi scheme.

Original story at Sun .

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Bernard Madoff news and blogs - February 27, 2010

27 Feb 2010 00:00:01 PDT

Below is today's roundup of news and blogs that haven't yet hit top story status by our community. Visit Bernard Madoff news and blogs for even more news and blogs converage.

• Lawyer: Madoff Brother A Subject Of Probe -- from KCTV 5 Kansas City
• Madoff Brother a Subject of Criminal Probe -- from CBS News
• Ponzi scammer Bernard Madoff's brother is 'subject' of federal probe -- from The Star-Ledger
• Finance and Banking -- from Mondaq
• Place Blame Where It Belongs -- from Ludwig von Mises Institute
• Schreiner Capital Management Hosts Groundbreaking Teleseminar on the Rise and Fall of Bernard Madoff -- from PRWeb via Yahoo! News
• Strange: Calipari puts name to charitable cause -- from Knoxville News Sentinel
• Backstage and on the red carpet at Golden Globes -- from Detroit Free Press
• Madoff trustee believes some assets in Canada, looks to hire Montreal firm -- from The Canadian Press via Yahoo! Canada News
• Madoff assets found in Canada, trustee says -- from National Post

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Madoff's Son May Have A Gun Permit

27 Dec 2009 11:58:56 PST

The Post reports that Andrew Madoff, the 43-year-old son of Ponzi schemer Bernard Madoff, "applied for a license to keep a handgun in his swanky Upper East Side pad more than six months ago -- and his name appears on NYPD and state police lists of approved permit holders." Is he trying to keep...

Original story at Gothamist .

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Mets Entity Challenges Madoff Trustee's Claim Method in Court

21 Dec 2009 21:37:21 PST

22 (Bloomberg) -- An affiliate of New York Mets baseball team owner Sterling Equities Inc., which profited from Bernard Madoff's fraud, asked a judge to ... Mets Owner To Fight Madoff Trustee's MethodologyFINalternatives all 2 news articles »

Original story at Bloomberg .

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'B'klyn Madoff' in court over $45M scheme

17 Dec 2009 12:54:45 PST

Several of the outraged investors sat fuming in the Brooklyn courtroom, demanding that alleged Ponzi schemer Philip Barry, 52, be locked up while his case ... Brooklyn's Madoff liteNew York Post all 2 news articles »

Original story at New York Post . Related stories include: Brooklyn's Madoff lite - New York Post , SEC Charges Former NAPFA President with Kickback Scheme - Financial Planning.com

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What were they thinking? Let's review

17 Dec 2009 09:30:43 PST

CBS News Bernie Madoff has been called many names. For one federal regulatory sleuth, he was ... "a wonderful storyteller." For years, the Securities and Exchange ... has released its top 10 mistakes of the decade. Here's a ...Waterbury Republican American all 133 news articles »

Original story at google.com .

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Charities, foundations feeling pinch a year after Madoff scam

09 Dec 2009 21:15:33 PST

A year after Bernie Madoff's Ponzi scheme wiped out what one observer called "an entire generation of Jewish wealth," charities with ... Homes, yachts, cars, belongings being sold to aid Madoff victimsPalm Beach Daily News all 3 news articles »

Original story at Palm Beach Daily News .

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Madoff Trustee Says Irish Funds Received $380 Million

04 Dec 2009 10:52:35 PST

Madoff, 71, pleaded guilty and is serving a 150-year sentence for running the world's biggest Ponzi scheme out of New York-based Bernard L. Madoff ... Madoff trustee will question Shapiro in Fla.Boston Globe all 3 news articles »

Original story at Bloomberg .

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Police Called To Find (Momentarily) Missing Madoff Son

16 Oct 2009 08:43:57 PDT

Bernard Madoff, Mark Madoff, and Andrew Madoff—in happier Ponzi times Mark Madoff may have been sued for taking an estimated $66+ million, thanks to his dad Bernie's massive Ponzi scheme—but he's still got enough cash to pay for a night at the SoHo Grand. According to the Post , Madoff spen...

Original story at Gothamist .

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Bernie Madoff: More On Sandra Manzke & The Missing Fund

21 May 2009 22:25:16 PDT

NY I don't have an idea how you price a Ponzi scheme. What was going on before the SEC investigation became public? We know Kingate and A&B were operating in 1991. We also know Cohn, Delaire & Madoff was an active corporation but we don't know its purpose ...

Original story at tpmcafe.talkingpointsmemo.com .

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Learn how to avoid getting financially duped

31 Mar 2009 17:25:28 PDT

SALEM – A Salem-based financial adviser offers these tips to help consumers avoid being ripped of by schemers like Bernie Madoff. ... - By Daymond Steer | Staff Writer

Original story at Nashua Telegraph .

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Podcast: NA-078-2009-03-08

07 Mar 2009 20:48:58 PST

Written by AC
Tags: Blog Entries via Blogdigger blog search for Madoff ("Ponzi scheme" OR Ponzi OR Merkin OR SEC OR Bernie OR "one big lie" OR "investment advisory business" OR Bernard OR "hedge funds" OR "hedge fund").

Original story at CURRY.COM .

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Podcast: What America Was And Needs to Be Again

21 Feb 2009 13:26:55 PST

Written by Adam Graham
Podcast Show Notes Normal 0 false false false MicrosoftInternetExplorer4 Specter hit hard by protesters. (Hat Tip: Don Surber.) A 90 year old man cheated out of his life savings by Bernie Madoff sets the example for the rest of us. Try GotoMyPC free for 30 days! For this special offer, visit w...

Original story at Adam's .

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Opinion: Madoff case fallout settles on W.Pa.

05 Feb 2009 21:04:49 PST

He is charged with securities fraud, using a financial device known as a Ponzi scheme. In such a swindle, someone takes in investors' money, then uses it to ... Trustee Recovers $946 Million In Madoff Funds AHN What alleged Madoff victims can do for now Newsday

Original story at Pittsburgh Tribune-Review .

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SEC reviewing Apple health disclosures on Steve Jobs: report

21 Jan 2009 08:21:10 PST

Ahhh this is the kind of thing the SEC does well. Madoff is too tough for em, but the health problems of a well liked tech stock president is just right for ... Will Steve Jobs Get the Madoff Treatment? Motley Fool SEC probes Apple over Steve Jobs disclosures BloggingStocks

Original story at MarketWatch .

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Bernie Madoff Jail Hearing: Prosecutors To Attempt Again To Put Madoff Behind Bars

14 Jan 2009 05:54:13 PST

Written by The Huffington Post News Team
NEW YORK — Federal prosecutors are going to try once more to jail besieged financier Bernard Madoff by taking their case before a federal judge.... NEW YORK — Federal prosecutors are going to try once more to jail besieged financier Bernard Madoff by taking their case before a federal judge.

Original story at Huffington Post .

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Madoff Scandal Prompts EU to Review Fund Rules Implementation

14 Jan 2009 03:38:18 PST

French investors may have lost more than 500 million euros ($662 million) in Madoff’s alleged $50 billion Ponzi scheme, according to regulators. ... French finance minister urges stronger EU investor protections ... Los Angeles Times

Original story at Bloomberg .

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Ponzi Schemes: A Look At The Bright Side

13 Jan 2009 10:21:27 PST

Written by Tintin
There’s been loads of unseemly schadenfreude in greater Wingnuttia that Bernard Madoff stole lots of money from rich Hollywood liberal Jews. Another strain of this comes from face-mulleted ass-beanie* Michael Laprarie over at CheezWhizBang with a post titled “America’s unborn say “...

Original story at Sadly, No! .

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Katzenberg says Madoff losses dire for his philanthropy

08 Jan 2009 15:01:44 PST

Written by Tom Petruno
Hollywood mogul Jeffrey Katzenberg says the losses on his personal investments with Bernie Madoff have done "extraordinary damage" to his philanthropic efforts. From Bloomberg News: Photo: Jeffrey Katzenberg (credit: Tracey Nearmy/EPA)

Original story at latimesblogs.latimes.com .

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Podcast: "Workers Laid Off, Executives Paid Off, Bernard Madoff"

17 Dec 2008 08:44:00 PST

The sums these titans of Wall Street are walking away with are staggering. In their annual “Executive Excess” report, the groups United for a Fair Economy and the Institute for Policy Studies reported 2007 compensation for Lloyd Blankfein, CEO of Goldman Sachs (Paulson’s replacement)...

Original story at Democracy Now .

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Opinion: LEVERAGE: The Two Horse Job

16 Dec 2008 13:10:00 PST

Written by noreply@blogger.com (Rogers)
Chris Downey and I were marveling over the Madoff Ponzi scheme yesterday. Insanely, the biggest financial fraud of the decade is something we never would have used in the show, because it was too damn easy. A frikkin' Ponzi scheme? Our audience would figure that out in a second. The sad thing i...

Original story at Kung Fu Monkey .

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