bernie madoff - Page 5 of 5

Madoff Investor Found Dead in N.Y.

Staff / Truthdig Dec 24, 2008 The co-founder of one of Bernard Madoff's biggest corporate clients, Access International Advisers, was found dead of an apparent suicide on Tuesday morning in his New York office. Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: Crash of the Titans

Staff / Truthdig Dec 20, 2008 Bernie Madoff made a big mess, and Detroit's Big Three drove themselves to the brink. So what's the good news this week -- Caroline Kennedy's auspicious entrée into her famous family's political biz? Dig deeper ( 1 Min. Read )

Sex and the SEC

Staff / Truthdig Dec 20, 2008 Turns out that certain employees at the Securities and Exchange Commission weren't just asleep at the wheel, as it were, when they should have been paying more attention to Bernard Madoff's worrisome investment activities. Dig deeper ( 1 Min. Read )

Tough Road Ahead for New Economic Appointees

Staff / Truthdig Dec 19, 2008 On Thursday, President-elect Barack Obama introduced three top financial appointees who will help him with the unenviable task of revamping the government's economic regulatory system and "crack[ing] down on this culture of greed and scheming that has led us to this day of reckoning,” as Obama put it. Dig deeper ( 1 Min. Read )

Workers Laid Off, Executives Paid Off, Bernard Madoff

Amy Goodman / Truthdig Dec 17, 2008 Bernard Madoff's criminal pyramid scheme, in which losses are expected to be $50 billion, paints a grim picture -- unless you are a corporate executive. Read the fine print. Of the TARP bailout funds, only those that were technically spent "in an auction" carry limits on executive pay. Dig deeper ( 3 Min. Read )

Wealthy Investors Lose Fortunes in Wall Street Scam

Staff / Truthdig Dec 14, 2008 Although the full extent of the damage from broker Bernard Madoff's alleged super-swindle has yet to be determined, it's clear by now that the collapse of his vast pyramid scheme may spell utter disaster for several of his top investors -- some of whom might not know yet that they're broke. Dig deeper ( 1 Min. Read )

Top Broker Busted for $50B ‘Ponzi Scheme’

Staff / Truthdig Dec 13, 2008 Here's yet another candidate for the expanding collection of Tales from the Dark Side of Wall Street (is there any other side?): The Wall Street Journal reported Friday that Bernard L. Madoff, a top trader for nearly five decades who has served as chairman of the Nasdaq Stock Market, was arrested this week after his sons turned him in for engineering an elaborate "Ponzi scheme." Dig deeper ( 1 Min. Read )