The secretive world of hedge funds disclosure has been exposed in a report published in the US, which reveals that up to half of funds and managements lied in their disclosure to customers and investors.
Bernie Madoff
Maddoff’s offsider tells all
Jailed Ponzi schemer Bernie Madoff’s chief financial officer, Frank DiPascali, has appeared in court, detailing how he helped Madoff pull off one of the biggest scams in the history of Wall Street.
Tales from Bernie Madoff’s Centurion credit card
What can we learn about the lifestyles and travels of the super rich from Bernie Madoff’s credit card statements? Elite Traveler investigates.
How Madoff got his money
How did Bernie Madoff go from a shabby house in Queens, to ending up a convicted felon who defrauded billions of dollars? Jerry Oppenheimer explains.
Ruth Madoff facing $45m lawsuit
A trustee attempting to recover money for investors duped by Bernie Madoff’s Ponzi scheme is suing his wife, Ruth Madoff, for $44.8 million, claiming that although she wasn’t implicated in the fraud, she reaped the profits with a life of luxury.
Buff Bernie speaks from behind bars
Convicted Ponzi schemer Bernie Madoff has given his first interview from the slammer, via a lawyer. Reportedly looking fit from “working out”, Madoff said he was surprised he got away with his scam for so long and detailed exactly how he pulled it off.
Financial ignorance enabled Madoff’s scam
Financial education should be part of the school curriculum, argues Hadley Freeman, otherwise we’re all dupes-in-waiting for the next Bernie Madoff.
Madoff: I won’t appeal
Bernie Madoff’s lawyer tells The Daily Beast that the Ponzi schemer won’t be appealing his 150-year jail sentence, saying there’s no point: “If the court were to say, ‘150 years is excessive, but 40 years is not,’ what’s the point? …He is not going to walk out of prison at age 106.”
What did Ruth Madoff ever do to you?
With no PR advice aside from her lawyers’, Bernie Madoff’s wife Ruth has been maligned more than any other Wall Street criminal’s wife in memory, writes Sheelah Kolhatkar. But is it justified?
Madoff hires help to find the comfiest jail
Bernie Madoff has hired a “veteran prison consultant” to help find him the best possible prison in which to serve his 150-year jail term.
Madoff and Michael: the media circus is in town
The double feature of Michael Jackson’s death and Bernie Madoff’s imprisonment may have had us riveted, but the coverage went well beyond the parameters of acceptable journalism, argues Jon Friedman.
Madoff’s life in the clink
A great interview Alan Ellis, lawyer and author of the Federal Prison Guidebook about his surprise at Bernie Madoff’s 150-year sentence — and what happens next.
Wolff: How many more years did Madoff get for being Jewish?
Bernie Madoff is Jewish. Most of the people he ripped off are Jewish. Did it affect his sentencing? Michael Wolff sure reckons so.
Madoff’s conviction is no example of American justice
Let’s not kid ourselves that Bernie Madoff’s conviction and jailing somehow is testimony to speedy and swift American justice.
Madoff goes down: a Crikey wrap
Ding dong, Bernie Madoff is dead — or he may as well be, facing 150 years in jail. Here’s what they commentariat had to say.
schadenfreude
The apartment the Madoffs won’t see again
It’s bye-bye forever to the $35,000 Lavar Kerman Persian carpet and the $20,000 Chippendale-style tea table in their art-filled four-bedroom duplex on the upper East Side, says NY Daily News.
“Evil” Madoff sentenced to 150 years
Disgraced businessman Bernie Madoff has been sentenced to 150 years in prison for operating one of the largest frauds in Wall Street history, a crime described by the judge as “extraordinarily evil”.
Madoff to meet his un-maker
The man behind the largest Ponzi scheme ever, Bernard Madoff, faces sentencing today — and he could be jailed for 150 years.
Madoff’s wife cuts deal to keep $US2.5m
Bernie Madoff’s sorry story is almost over — having plead guilty to fraud for operating a Ponzi scheme, he awaits sentencing on Monday. But what next for his wife and their sons?
The man who out-Madoffed Madoff
The biggest winner in Bernie Madoff’s Ponzi scheme may not have been Madoff himself, but a secretive businessman named Jeffry Picower who is alleged to have raked $5.1 billion from Madoff accounts.
What did Madoff’s sons know?
Bernie Madoff’s sons claim to have known nothing of his Ponzi scheme, but some are now claiming there’s no way that could be true.
Billions withdrawn from Madoff account before his arrest
$12 billion was apparently pulled out of accounts at Madoff’s firm in 2008; $6b of that was in the three months before he was charged for operating a Ponzi scheme. The figures give hope to defrauded customers.
scandal
Bernie Madoff’s loose-lipped secretary tells all
Bernie Madoff was a sexist, egomaniacal, short-tempered control freak—yet everybody loved him. His secretary of more than 20 years, Eleanor Squillari, spills the beans; 9000 words’ worth of them.
Video of the Day: Muppets take Madoff
As Bernie Madoff’s mansion and yacht are seized, the Sesame Street gang remind you how he lost billions.
Financial elites’ lost weekend at Bernie’s
The world’s financial blue bloods were utterly fooled by Bernie Madoff’s alleged $US50 billion scam, writes Glenn Dyer.





