Madoff’s Regrets

Staff / Truthdig Oct 27, 2011 Ponzi schemer Bernard Madoff's got nothing but time as he serves his sentence in a North Carolina prison for defrauding a vast network of clients out of billions of dollars, and he's apparently not averse to spending some of it sitting for interviews that aren't likely to help his standing much. Dig deeper ( 1 Min. Read )

Madoff Speaks

Staff / Truthdig Mar 1, 2011 It's hard to believe that it has already been two years since the implosion of Bernie Madoff's devastating Ponzi scheme, and it's hard to comprehend why the fallen financier would choose this moment to unburden himself to New York magazine's Steve Fishman . Dig deeper ( 2 Min. Read )

JPMorgan Chase Execs Doubted Madoff Before the Fall

Staff / Truthdig Feb 4, 2011 It appears that some higher-ups at JPMorgan Chase were on to fraudster Bernie Madoff nearly two years before the catastrophic implosion of his Ponzi scheme, but said execs didn't take this knowledge as reason enough to stop doing business with him. Dig deeper ( 1 Min. Read )

Billions More for Madoff Victims

Staff / Truthdig Dec 18, 2010 The cash pot available to compensate victims of Bernie Madoff’s massive Ponzi scheme has grown by $7.2 billion after a settlement was reached with the estate of a Palm Beach client of the Wall Street shyster. Dig deeper ( 1 Min. Read )

Vladimir Putin Will Now Take Your Questions

Staff / Truthdig Dec 17, 2010 In a sort of Russian-style town hall meeting, Prime Minister Vladimir Putin fielded questions Thursday about his government's policies and practices in a lengthy televised session (running time: 4 hours and 29 minutes) that included the cheeky query, "How is your puppy, Buffy?" Dig deeper ( 1 Min. Read )

Legal Trouble Spreads to Madoff Family Members

Staff / Truthdig Oct 3, 2009 Fallen financier Bernard Madoff's brother, sons and niece are now in legal hot water after a court-appointed trustee filed suit against them on Friday for allegedly pocketing "ill-gotten gains" they received from Madoff's fraudulent business ventures, according to The Wall Street Journal. Dig deeper ( 1 Min. Read )

‘Lebanon’s Madoff’ Goes Bankrupt After Bouncing Check to Hezbollah

Robert Fisk / Truthdig Sep 8, 2009 Everyone trusted Salah Ezzedine. A billionaire Shiite Muslim businessman and financier from southern Lebanon, he organized pilgrimages to Mecca, ran a major Beirut publishing house and a children's television station, held major investments in east European oil and iron conglomerates and -- much more to the point -- was a close personal friend of very senior leaders of Hezbollah. Dig deeper ( 3 Min. Read )

Nobody Wants to Read About Bernie Madoff’s Steamy Affair

Staff / Truthdig Sep 3, 2009 Disgraced former Wall Street baron Bernard Madoff might have made millions swindling others for profit during his heyday, but he doesn't seem to have made much of a literary cottage industry for writers presumably looking to cash in on his downfall. Not even the "I-was-Bernie's-mistress" angle is tempting book buyers at this point. Dig deeper ( 1 Min. Read )

SEC Missed Multiple Opportunities to Bust Madoff

Staff / Truthdig Sep 3, 2009 It was a sad case of too little, too late when it came to the Securities and Exchange Commission's readings of Bernie Madoff's now-collapsed house of cards. On Wednesday, the SEC released a report about Madoff's massive financial boondoggle, detailing the many moments in which chances were missed to stop the damage from spreading as far as it did. Dig deeper ( 1 Min. Read )

The Other Bernie Madoff Affair

Staff / Truthdig Aug 14, 2009 Bernard Madoff's connection with the New York-based Jewish charity Hadassah has become fraught above and beyond the economic level since the organization's CFO, Sheryl Weinstein, claimed that she and the fallen financier had an affair, which she details in her upcoming memoir, “Madoff’s Other Secret: Love, Money, Bernie, and Me." Dig deeper ( 1 Min. Read )

New York Arts Institutions in Jeopardy

Staff / Truthdig Aug 5, 2009 The economic downturn has been rough on countless industries, and arts organizations in New York City that rely on endowment money to survive have been hit hard -- not just, as City Journal's James Panero points out, by the immediate effects of the meltdown felt round the world, but also by the "indirect effects" of how some of their funds have been managed. Dig deeper ( 2 Min. Read )

Madoff’s Amazing Disgrace

Staff / Truthdig Jul 29, 2009 Despite several occasions when he thought he had been nailed by the SEC, Bernard Madoff continued with his Ponzi scheme, revealing in his first jailhouse interview that he was "amazed" that he got away with it for so long. Madoff spoke to lawyers about his financial larceny Tuesday, during which he was called both candid and an "absolute gentleman." Dig deeper ( 1 Min. Read )