Jim Summers, an organizer for End the Fed , files this report in the Nashua Telegraph about, among other things, the symbiotic relationship between Congress and the Federal Reserve. The effects of our financial house-of-cards collapsing are everywhere: home foreclosures, unemployment, stock values cut in half, retirement savings lost. The cause, however, is a bit harder to discern as we are distracted...
The Securities and Exchange Commission must tighten its process for deciding which investment advisers to inspect if it is to avoid colossal breakdowns like the one that allowed Bernard Madoff's multibillion-dollar fraud to go undetected for 16 years, the agency's inspector general says.
In less than a week, the US Marshals Service has raised $3 million for the victims of Bernard L. Madoff, selling off his personal assets including a teak-accented yacht, diamond earrings and a New York Mets jacket. The agency plans to hold two or three more sales, though they haven't been scheduled yet. All the proceeds are to go to victims of Madoff's $65 billion Ponzi scheme. On Tuesday, his three...
Tuesday’s auction of four boats and a Mercedes Benz convertible once owned by convicted Ponzi operator Bernard Madoff, his wife Ruth and a former associate, netted a little more than $2 million, according to National Liquidators, which handled the auction.
Frank DiPascali, a former top deputy to imprisoned Ponzi schemer Bernard Madoff, has been released from prison after having been denied two prior bail requests, according to the Federal Bureau of Prisons' Web site. Bernard Madoff - Frank DiPascali - PonziScheme - Federal Bureau of Prisons - Prison
A vintage 55-foot yacht named Bull and two smaller boats that once belonged to imprisoned financier Bernard Madoff are headed for the auction block, along with an even bigger yacht once owned by Madoff's right-hand man.
SEC accuses 4 people, 2 companies in alleged $30 million Ponzi scheme involving Mantria Corp. Ponzi scheme - U.S. Securities and Exchange Commission - Business - Bernard Madoff - Fraud
Disgraced financier Bernard Madoff's 55-foot (16.7-meter) yacht named "Bull" and two smaller boats are heading for the auction block in Florida. BernardMadoff - Florida - Auction - Yacht - Recreation
FORT LAUDERDALE, Fla. - Disgraced financier Bernard Madoff's 55-foot yacht named "Bull" and two smaller boats are heading for the auction block in Florida. U.S....
FORT LAUDERDALE, Fla. -- Disgraced financier Bernard Madoff's 55-foot yacht named "Bull" and two smaller boats are heading for the auction block in Florida.
NEW YORK - It was about fascination with big money - and the life of a couple at the center of the biggest financial fraud case in U.S. history. Bernard and Ruth Madoff's...
Items once belonging to Wall Street swindler Bernard Madoff (MAY'-dawf) and his wife have fetched as much as 20 times their estimated value at a New York City auction.
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