Amy Goodman / TruthdigSep 21, 2011
If 2,000 tea party activists descended on Wall Street, you would probably have an equal number of reporters there covering them. Dig deeper ( 3 Min. Read )
Staff / TruthdigMar 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 )
Staff / TruthdigFeb 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 )
Staff / TruthdigDec 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 )
Staff / TruthdigOct 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 )
Staff / TruthdigSep 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 )
Staff / TruthdigSep 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 )
Staff / TruthdigAug 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 )
Staff / TruthdigJul 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 )
Staff / TruthdigJun 29, 2009
Bernard Madoff, the man responsible for the biggest Ponzi scheme in human history, has been sentenced to 150 years in prison. The judge was unswayed by the "tormented state" Madoff now finds himself in after swindling $65 billion over a span of 20 years, which affected thousands of people, from Elie Wiesel and Sandy Koufax to small investors and retirees. Dig deeper ( 1 Min. Read )
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