Content: bernard madoff
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Irving Picard, the Madoff trustee, went on 60 Minutes to unveil his plans to go after the feeder funds, the Madoff kids, and anyone who had withdrawn from Madoff's funds. I imagine that a lot of...
CNBC today posted an entire 69 minute conversation which was turned over under subpoena by Fairfield Greenwich. If you listen to it, or even just a few minutes, it is clear that the feeder funds...
This article in the FT suggests that the Madoff ponzi scheme is going to have a lasting impact on the financial crisis as it undermined the core element of trust that is supposed to be pervasive.
Article | Jun 24, 2009 | Views: 64 | Comments: 0
Tags: hedge funds, bernard madoff
Irving Picard, the Madoff trustee, is taking a very aggressive approach vis-à-vis Madoff investors. Since he believes that the entire fund was a fraud, he has ruled that each investor is only...
Michael Bienes was a small-time investment advisor who stumbled on Bernard Madoff. In this soon-to-be-aired Frontline program, he, and others describe how the Madoff operation worked, how people...
It is so obvious that Madoff is guilty and belongs in jail that I for one am amazed that they haven't revoked bail. At least he should be put in jail for his own protection. Maybe the government...
Madoff may have been the tip of the iceberg, but there are more like him. I've seen them myself. You probably have too.
The press is moving Bernard Madoff back from the front pages, but every day the story becomes more and more amazing.
The linked letter from Aksia, an investment advisor, to their clients shortly after Madoff's fraud was unveiled discloses the reasons why they investigated but never recommended Madoff's funds or...
Along with every alumni of Tufts University, I received the following email yesterday. The email raises many simple questions, such as: why does the President of Tufts not follow simple...
Here are some of mine for starters:
Why did investors put $50 billion to work without discovering that his auditors were a nonexistent accountant in Brooklyn?
Why is the penalty for his crime...
Article | Dec 13, 2008 | Views: 207 | Comments: 0
Tags: bernard madoff
In declining markets, a lot of fraud from the go-go days gets exposed. The fact that something so huge run my someone so influential (former head of Securities Industry Association trading...
Article | Dec 12, 2008 | Views: 298 | Comments: 1
Tags: bernard madoff, bernard l