Category Archives: Madoff Scam
The Madoff Files: A Chronicle of SEC Failure
Washington’s top cop for Wall Street, hamstrung by bureaucracy and inexperienced investigators, failed to thoroughly pursue multiple warnings about Bernard L. Madoff’s multibillion-dollar Ponzi scheme, according to a scathing new critique of the Securities and Exchange Commission by its internal … Continue reading
Bilkers, suckers and Wall Street atrocities – Is Madoff Really Worse Than Fuld?
Somewhere back around 1946 or 1947, Nick Etten–by now a pretty much forgotten first baseman for the Yankees–signed a one-year contract in the amount of $15,100. This sum struck many observers as an odd number, but not one canny New … Continue reading
More Madoff
Ponzie Schemer Madoff Did Us a Favor – John Crudele, New York Post Do We Owe the Madoff Victims Anything? – David Weidner, MarketWatch Don’t Be Fools: Bernie Madoff Didn’t Act Alone – Randall Forsyth, Barron’s
Madoff Is “Evil,” But Hardly Unique
Though he claims to have acted alone, it took more than a fountain pen to pull off his massive fraud. Don’t Be Fools: Bernie Madoff Didn’t Act Alone – Randall Forsyth, Barron’s
Investors Compete for a Piece of the Madoff Pie
The central problem being played out among Madoff victims is that only a small fraction of the nearly $65 billion that disappeared has been recovered. While insurance will fill some of that gap, it is clear that many people will … Continue reading
