Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
On 11th December 2008, financier Bernie Madoff was arrested for the biggest Ponzi scheme in history, writes Eliot Wilson The 1990s had been an economic boom time for much of the West, with America ...
CNN — Bernard Madoff, whose name became synonymous with financial fraud, died while serving a 150-year sentence in Federal Prison. He was 82 years old. His death Wednesday at the Federal Medical ...
HSBC Holdings is booking a provision of $1.1 billion for a lawsuit in Luxembourg related to Bernard Madoff’s multibillion-dollar Ponzi scheme, one of the largest financial frauds in American history.
The late Bernie Madoff, who perpetrated a multi-billion-dollar Ponzi scheme against investors, including the Town of Fairfield's retirement funds. Photo ...
Bernard Madoff told a federal court he was "ashamed" and "sorry," but that his massive Ponzi scheme was designed to "satisfy" his "clients." The judge accepted Madoff's guilty plea to 11 felony ...
Investments from charitable foundations may have been key in helping Bernard Madoff sustain his Ponzi investment scheme for so many years, writes a columnist in Fortune magazine. Mitchell Zuckoff, ...
Ruth Madoff married Bernie Madoff when she was 18 and claimed to be shocked when he was arrested for fraud in 2008 ...
The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...
— -- Federal authorities have charged a Wall Street veteran with running a Ponzi scheme that prosecutors allege lost a staggering $50 billion. Bernard Madoff, founder of Bernard L. Madoff ...
Former Madoff rival says he feared for his life in investigating Ponzi scheme. Feb. 4, 2009— -- A former rival of alleged Ponzi-schemer Bernard Madoff launched a scathing attack today on the ...
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