Posts tagged as:

Bernie Madoff

Bernard Madoff Made No Trades in Last 13 Years

February 20, 2009

The latest news coming from the Bernard Madoff scandal throws more light on the SEC’s total failure as an agency.  It was disclosed today that Bernard L. Madoff made no stock trades during the past 13 years.  While heading up the greatest Ponzi scheme in history that bit of news should come as no great [...]

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Bernie, Bernie, Bernie

January 8, 2009

Bernard Madoff should be in jail. It’s ridiculous to expect a con-man, even a self-admitted one, to confess his sins and find the straight and narrow path.
Prosecutors have accused financier Bernard Madoff – the alleged mastermind of a $50 billion Ponzi scheme – of intending to transfer up to $300 million worth of assets to protect [...]

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Madoff’s Sons Turn Him In for Passing Off Family Jewels

January 5, 2009

Bernie may be heading to jail on a bail revocation.  It seems that while Bernie Madoff was trying to pass on and pass off the family jewels, his sons want no part of it. 
The sons of Bernard Madoff, who is accused of orchestrating a massive Ponzi scheme, alerted prosecutors last week that their father mailed [...]

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The House: Madoff Fraud Allegations

January 5, 2009

Today the House held a so-called hearing on the Madoff Ponzi scheme.  The Financial Services Committee met at 2:00 p.m. to question witnesses about the SEC and how it could have overlooked the Ponzi scheme that had been red flagged off and on since 1989.
Bernie Madoff’s firm, one among some 11,000, had never been scrutinized [...]

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The Bernie BS Straight from the Mouth of Madoff

December 18, 2008

Well, this is about as deep in BS as it gets and straight from the mouth of Bernard Madoff.

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Does Anyone Really Believe Bernie Madoff Acted Alone?

December 15, 2008

If you believe that Bernie Madoff acted alone let’s talk about the non-existent bridge to nowhere I have for sale. Today apparently others are coming to the same conclusion I reached after a few hours of reading and digging through archives.
How did one man, Bernard Madoff, run such a massive, self-described Ponzi scheme? Is [...]

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