paul.kedrosky.com - 12/12/2008
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Lots of chatter about whether $50-billion is really the correct number in the Bernie Madoff fraud allegation debacle. What is the right number? Well, here are some key stats: According to a Form ADV filed with the SEC a year ago, Madoff's advisory business then had $17.1-billion in assets ...
$50 Billion Fraud May Bankrupt Investors
money.aol.com 12/12/2008 — $50 Billion Fraud May Bankrupt Investors posted: 14 MINUTES AGO comments: 0
Authorities say Bernard Madoff, a Wall Street powerbroker who helped develop the Nasdaq Stock Market, admits that his investment business devolved into a giant pyramid scheme, leaving investors ...
A simple solution to investment fraud
bloggingstocks.com 12/13/2008 — The $50 billion Madoff Securities scandal could have been prevented easily. So could much of the corporate and investment fraud that's taken place over the last couple of decades. Why? All these frauds shared at least one thing in common -- they produced their own financial statements. In my ...
Bad Joke: National Lampoon Execs Hit With Fraud Charges —
paidContent
It probably won't rise to the level of the Bernie Madoff scandal , but it's not a joke either. The Securities and Exchange Commission has filed charges against National Lampoon CEO Daniel Laikin and several other execs in a Philadelphia civil court. The execs are accused of manipulating the ...
Are we in the midst of a wave of white collar crime? —
BloggingStocks
With all the talk about mortgage fraud, Freddie Mac, Samuel Israel, and now the mother of all scandals, Bernard Madoff, it's easy to conclude that we are in the midst of a financial disaster.
But on his White Collar Fraud blog, ex-con Sam E. Antar writes that the wave of fraud is really an ...
$50 billion investment fraud: Could you be next? —
BloggingStocks
This week a little story about a $50 billion investment fraud has metastasized. Madoff Securities, a brokerage firm that ran a secretive investment fund on the side, has closed down -- revealing that its steady 10% annual returns were a result of a Ponzi scheme. For some who trusted Madoff a ...
Did SEC Overlook $50 Billion Fraud? —
AOL News
Did SEC Overlook $50 Billion Fraud? posted: ONE MINUTE AGO comments: 0
New York Times / AP
Wall Street powerbroker Bernard Madoff, who helped develop the Nasdaq Stock Market, is accused of turning his investment business into a giant pyramid scheme, bilking ...
Ex-Nasdaq Chair Accused of 'Epic' Fraud —
AOL News
Ex-Nasdaq Chair Accused of 'Epic' Fraud posted: 2 MINUTES AGO comments: 0
Wall Street powerbroker Bernard Madoff, who helped develop the Nasdaq Stock Market, is accused of turning his investment business into a giant pyramid scheme, bilking investors out of billions. Could ...
Bernie Madoff Sons Guilty, Too? —
Silicon Alley Insider
A new theory is emerging among Wall Street intelligentsia: The detailed story in the indictment about how Bernie Madoff's sons confronted him about his weird behavior, he floated a lie, he finally confessed, and then they turned him in is just a cover story.
Bernie's sons were in on the fraud ...
Ex-Nasdaq Chair Accused of 'Epic' Fraud —
AOL News
Ex-Nasdaq Chair Accused of 'Epic' Fraud posted: 8 MINUTES AGO comments: 0
Federal authorities say Wall Street powerbroker Bernard Madoff, a former chairman of Nasdaq, has admitted to bilking investors out of at least $50 billion, confessing that his investment business ...
INVEST BIG 'FESSES TO $50B 'FRAUD' —
NY Post: News
A Wall Street legend was busted yesterday on charges of running a scam investment business for the super rich after telling his sons it was just "a big lie" - losing a whopping $50 billion. Bernard L. Madoff, 70, a former Nasdaq chairman, was...
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