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Bernie Madoff

Eldest Madoff son found dead in apparent suicide

The eldest son of disgraced financier Bernard Madoff hanged himself by a dog leash in his apartment Saturday after two years of "unrelenting pressure" following his father's arrest in a multibillion-dollar fraud that enveloped the entire family, law enforcement officials and a family attorney said. Read More

Bankruptcy lawyers pocket millions. Madoff victims – not so much

Bankruptcy trustee Irving Picard, who is liquidating the bogus investment firm of convicted fraudster Bernie Madoff, gave $26.9 million to a Manhattan law firm to recover $849,000 for the victims of the largest Ponzi scheme in American history. Read More

SEC head Mary Schapiro took in $9 million while at FINRA

Head of the Securities and Exchange Commission Mary Schapiro made quite a good living for herself while heading FINRA, the Financial Industry Regulatory Authority which is supported by dues from the industry, making a total of $9 million in 2008, the very year the financial crisis hit. How can that be? Read More

SEC head Mary Schapiro took in $9 million while at FINRA

Head of the Securities and Exchange Commission Mary Schapiro made quite a good living for herself while heading FINRA, the Financial Industry Regulatory Authority which is supported by dues from the industry, making a total of $9 million in 2008, the very year the financial crisis hit. How can that be? Read More

Not so fast, Securities and Exchange Commission, Obama signs transparency bill

Just when you thought that the Securities and Exchange Commission was going to get away with being exempt from Freedom of Information Act requests after the Dodd-Frank financial reform bill was passed, President Obama has yanked the leash. From the White House, among the bills Obama signed today is: Read More

Not so fast, Securities and Exchange Commission, Obama signs transparency bill

Just when you thought that the Securities and Exchange Commission was going to get away with being exempt from Freedom of Information Act requests after the Dodd-Frank financial reform bill was passed, President Obama has yanked the leash. From the White House, among the bills Obama signed today is: Read More

Fighting over the crumbs

Trusting investors who were swindled by Bernie Madoff’s tempting promises of higher-than-market-rate returns are now reduced to fighting over what’s left of the con man’s $50 billion empire. Read More
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