Madoff
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Latest blogosphere posts tagged “Madoff”
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Will Wall Street Banks be Compelled to Compensate Madoff Investors?
Sense on Cents —
Authority: 477
Will Congress hit the Wall Street banks with a one-time assessment in order to compensate Madoff investors? Why might that happen? Very simply because SIPC (Securities Investor Protection Corporation) was woefully underfunded given the fact that SIPC member-firms, including all the large Wall Street banks, paid a ...6 hours ago -
Newspaper Rivalry! Daily News Slams NY Post Over Ashley Dupre Column
Mediaite —
Authority: 786
Yesterday it was the New York Times vs. Wall Street Journal , and today it gets muddier. The New York Daily News enlisted one-half of its storied gossip team, Joanna Molloy , to write a 575-word column entitled ”Ashley Dupre sex advice column: As useless as Bernie Madoff money tips,” slamming the ...8 hours ago -
So Easy a 6 Month Old Can Do It
MAPping Company Success —
Authority: 423
Post from: MAPpingCompanySuccess So Easy a 6 Month Old Can Do It When was it lost? We choose whom to hire/follow/marry/date/befriend—or not. Some of those choices work out and some don’t, but it’s when we choose someone who’s flawed, who just isn’t nice, that bothers us the most—think Bernie ...13 hours ago -
The “Wolf of Wall Street”
Ephemeral New York —
Authority: 556
David Lamar was kind of a low-grade Bernie Madoff. He earned his nickname partly by taking millions of dollars from private citizens, promising to invest their cash in stocks and securities, and then keeping the money for himself. Falsely claiming to be a scion of a wealthy Georgia family, Lamar lived large. He ...1 day ago -
[Galleon] Rajaratnam: ‘I am no Madoff’
FT Alphaville —
Authority: 630
From Big Raja’s latest bail modification letter, posted by his lawyers on Monday morning (emphasis FT Alphaville): Mr. Rajaratnam has carefully worked with Galleon to wind down its business, to take care of the Galleon employees negatively affected by the Government’s sudden arrest of Mr Rajaratnam and its ...1 day ago -
Shadowstats John Williams: Prepare For The Hyperinflationary Great Depression
zero hedge —
Authority: 741
John Williams, who runs the popular counter government data manipulation site Shadowstats , has thrown down the gauntlet to deflationists, and in an extensive report concludes that the probability of a hyperinflationary episode in America over the next year has reached critical levels. While the debate between ...1 day ago -
Senate to Expand Medicare? Even Bernie Madoff wouldn’t do that.
Right Pundits —
Authority: 140
Couple of months before your birthday US Government sends you your Social Security Statement for the year. It is a grim reminder about you getting older, about big chunk of your taxes going to SS and Medicare and about the fact that the Government may have no money to pay you benefits by the time you retire. The last ...1 day ago -
Weekend catch-up
FT Alphaville —
Authority: 630
In case you missed these stories: US Treasury draws $936m from JPMorgan warrants The US government on Friday reaped $936m from the sale of warrants in JPMorgan Chase, in a move that will sever its financial links with the bank. The sale will add to the $118bn in rescue funds already returned by banks....1 day ago -
Stanley Chais under criminal investigation for Madoff ties
Muckety.com - Exploring the paths of power and influence —
Authority: 495
Stanley Chais, a money manager who funneled millions of dollars toward Bernard L. Madoff, is now the subject of a criminal investigation.2 days ago -
Bah Humbug! Holiday Movies So Cute I Could Puke
The LA Progressive —
Authority: 436
I turn on television and the words “John Hughes,” “Chevy Chase,” “Tim Allen” and “Dan Aykroyd” pop up on the screen, my blood runs cold, my temples throb and I switch over to Fat Boy Hackeysack on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]3 days ago -
A year after Madoff, another Ponzi schemer
DailyFinance —
Authority: 777
Filed under: Economy , People , Investing , Media Its hard to believe, but a year has passed since Bernard Madoff admitted to his sons that his financial empire was built on an elaborate scam. In the ensuing months, Madoff has inspired an ongoing lesson in banking scandals, as the media has reported on his ...3 days ago -
Liar, liar, scans on fire: fMRI could have predicted Madoff would break promises
DailyFinance —
Authority: 777
Filed under: Technology Just one year ago, on Dec. 11, 2008, FBI agents went to Bernard Madoffs house to arrest one of the most notorious white-collar criminals in history, a man who has pulled off the largest Ponzi scheme ever, swindling his clients out of an estimated at $19.4 billion. Well, what if those ...3 days ago -
Prosecutors Want Time to Criminally Investigate Madoff Feeder Funds
The Big Money —
Authority: 694
Ken Feinberg has finally spoken. The Obama administration’s pay czar has capped at $500,000 the annual cash salaries of some 450 employees under his purview. The employees and their companies are subject to the rule because they still have TARP money left to repay. Citigroup, AIG, GM, and GMAC. Feinberg, reports ...3 days ago -
Charles Ponzi Created the Scheme, but Bernie Madoff with All the Money! A Look Back by Business Ethics Speaker Chuck Gallagher
Motivational Speaker - Chuck Gallagher Business Ethics and Choices Expert —
Authority: 106
One year ago today, Bernie Madoff made headlines. His investment firm was nothing more than a big (minor understatement) Ponzi scheme. One year ago today most people didn’t know what a Ponzi scheme was and, frankly, most had not heard of Bernie Madoff. My what a difference a year makes! Bernie Madoff, in ...3 days ago -
Business Briefing | Legal: Former Hedge Fund Manager Pleads Guilty to Fraud
NYT > Theater —
Authority: 903
James Nicholson admitted in court on Friday that he fabricated client account statements and overstated asset values by hundreds of millions of dollars.3 days ago -
Figure in Madoff Case Now Faces Criminal Inquiry
NYT > Theater —
Authority: 903
Stanley Chais, a retired investment manager and philanthropist, was one of the earliest and largest investors in Mr. Madoff’s long-running Ponzi scheme.3 days ago -
Bernie Madoff Doing Just Swell in Prison
ANIMAL —
Authority: 689
Swindler of billions Bernie Madoff is A “godfather” admired and revered by his fellow inmates, who view him as the ultimate con man in an ecosystem overflowing with con men. | WSJ |4 days ago -
Bernie Madoff is seen as a ‘godfather’ to fellow inmates
Credit Writedowns —
Authority: 672
Today is the first anniversary of Bernie Madoff’s scam of the century which defrauded investors out of tens of billions. The former fund manager and head of NASDAQ who ran the world’s largest ever financial fraud seems to be a hit in prison though. See videos below. Update: these two articles touch on the ...4 days ago -
A year on, Bernard Madoff is the prison "godfather" while his victims lick their wounds
The Guardian - guardian.co.uk —
Authority: 986
Its been a long, tough 12 months for victims of Bernard Madoff, who was arrested a year ago today at his luxury Manhattan penthouse after confessing to his sons that his purported $65bn fund management business was a giant Ponzi scheme. For the vast majority of people who lost their savings at Madoffs hands, the ...4 days ago -
"To every con artist, he is the godfather, the don."
Althouse —
Authority: 727
Madoff in prison.4 days ago

