bernie madoff

Madoff Wants Out of Jail … for Now

Mar 14, 2009
Citing such sketchy precedents as rulings in the cases of Enron's Kenneth Lay and Jeffrey Skilling, Bernard Madoff's legal team filed an appeal at a New York federal court on Friday requesting that their client be released on bail until he is sentenced on June 16.
Join our newsletter Stay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.

Madoff to Plead Guilty

Mar 11, 2009
It's not as though he has many other options, but alleged fraudster Bernie Madoff is preparing to plead guilty on Thursday to swindling thousands of clients out of as much as $50 billion in investments.

90-Year-Old Madoff Client Goes Back to Work

Feb 28, 2009
Even though this CBS report seems to want to make a feel-good story out of this one, it's more the stuff of nightmares, despite 90-year-old Ian Thiermann's good-natured take on his fate. After being retired for 30 years, Thiermann discovered that he'd lost his entire retirement fund due to Bernie Madoff's shenanigans, and now Thiermann is working for $10 an hour in a California supermarket.

Six Degrees of Bernard Madoff

Feb 6, 2009
Not that anyone else who suffered losses at the hands of failed financier Bernard Madoff is any less important, but it turns out that actor Kevin Bacon is one member of the vast network of investors in Madoff's collapsed company, along with famed pitcher Sandy Koufax.