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  • Prosecutors seek to jail Madoff Tuesday, January 6, 2009 @ 12:29AMU.S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail.
  • Congress Demands SEC Speed Madoff Inquiry to Improve Oversight Tuesday, January 6, 2009 @ 12:28AMJan. 5 (Bloomberg) -- U.S. lawmakers, critical of the Securities and Exchange Commission’s failure to uncover Bernard Madoff ’s alleged $50 billion fraud, demanded the agency speed up an internal investigation of its missteps to help in their overhaul of market regulations.
  • Congressmen sound off against Securities and Exchange Commission in Madoff affair Tuesday, January 6, 2009 @ 12:18AMWASHINGTON - Republican and Democratic House members said Monday that the alleged US$50-billion fraud involving Wall Street figure Bernard Madoff
  • Feds: Jail Madoff without bail Tuesday, January 6, 2009 @ 12:15AMProsecutors asked a judge Monday to revoke bail and jail investment guru Bernard Madoff, who is accused of defrauding investors worldwide out of billions in a Ponzi scheme.
  • Madoff Investor Awaits Verdict on Whether ‘Imbecile’ or ‘Dupe’ Monday, January 5, 2009 @ 3:42AMJan. 5 (Bloomberg) -- Patrick Littaye , co-founder of Access International Advisors , lost his savings after investing with Bernard Madoff , expects to lose his house in his hometown of Saint-Malo, France, and says he’ll canvass investors over the next few weeks to see whether he has also lost his business.
  • Degree may not help you keep your job Monday, January 5, 2009 @ 2:44AMThe unemployment rate of college-educated workers could reach record highs this year, economists say. Summary.
  • AP Financial NewsBrief at 9:21 p.m. EST Monday, January 5, 2009 @ 2:30AMNEW YORK (AP) _ Just a dozen years ago, newspapers on either side of Arlington, Texas, fought fiercely for every reader in the fast-growing city, spending millions of dollars to expand their staffs and cover the smallest meetings and sporting events.
  • Kevin Bacon and wife fall victim to investment scam Monday, January 5, 2009 @ 2:03AMKevin Bacon and wife Kyra Sedgwick have fallen prey to an investment scam run by the disgraced Bernard Madoff. Madoff has been running the US$50 billion Ponzi scheme before he was arrested on Dec 11 last year.
  • Cash Prizes Offered in Annual Essay Contest Monday, January 5, 2009 @ 2:02AMPIERRE — For the fourth year, the South Dakota Department of Revenue & Regulation, Division of Securities is giving high school seniors an opportunity to turn their knowledge of finances into actual cash.
  • Looking Ahead Monday, January 5, 2009 @ 1:46AMEconomic events for the week of DJan. 5, 2008.
  • Madoff Paraphernalia, of All Sorts, Landing on eBay Monday, January 5, 2009 @ 1:46AMOne way that people actually are making money from Bernard L. Madoff is by selling items on eBay.
  • Workplace Coach: The lessons learned from 2008 Monday, January 5, 2009 @ 1:31AMThe Workplace Coach offers her top 10 business lessons learned from 2008.
  • Madoff Investors Suicide Leaves Questions Friday, January 2, 2009 @ 11:13AMRelatives said Rene-Thierry Magon de la Villehuchet who committed suicide in the wake of the Madoff scandal felt personally responsible losing his clients money.
  • Historic instruments not played out yet Friday, January 2, 2009 @ 11:11AMThe Country Music Hall of Fame and Museum will be allowed to keep historic instruments from Bill Monroe, Johnny Cash and Mother Maybelle Carter pledged by a man who committed suicide after being accused of defrauding millions from investors.
  • More News Friday, January 2, 2009 @ 9:39AMSix financial experts and investors will be called to testify at a Congressional hearing next week on the alleged $50 billion fraud engineered by former NASDAQ Chairman Bernard L. Madoff, U.S. Rep. Paul Kanjorski said Wednesday.
  • Museum to keep historic treasures Friday, January 2, 2009 @ 8:56AMNASHVILLE, Tenn. -- The Country Music Hall of Fame and Museum will get to keep historic instruments from Johnny Cash, Mother Maybelle Carter and Bill Monroe -- pledged by a man who committed suicide after
  • The super rich are still willing to pay big bucks for elaborate rituals or celebrations Friday, January 2, 2009 @ 8:18AMMoney still flows like champagne for big celebrations, special rituals We know the recession drill: take "staycations," tote bag lunches and cancel premium cable TV.
  • An Unhappy New Year Wednesday, December 31, 2008 @ 6:32PMFree source for precious metals information and financial truth. Offering a range of information such as latest news from around the world, commentary, market updates, stock reports, coin information, quotes, forums plus much more!
  • Tremont Sued by Investors Over Madoff Fraud Losses (Update1) Wednesday, December 31, 2008 @ 6:30PMDec. 31 (Bloomberg) -- Tremont Group Holdings Inc., a hedge- fund firm owned by Massachusetts Mutual Life Insurance Co., was sued again for investing with financier Bernard Madoff , who allegedly confessed to a $50 billion Ponzi scheme.
  • Madoff To Reveal His Assets Today Wednesday, December 31, 2008 @ 6:21PMInvestigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal.
  • Kevin Bacon, Kyra Sedgwick Are Latest Bernie Madoff Victims Wednesday, December 31, 2008 @ 6:20PMHollywood couple joins the ranks of those affected by the Ponzi scheme Bernie Madoff can now boast that in the Six Degrees of Kevin Bacon game, his Bacon Number is one.
  • With bailouts, Wall Street is getting what it wants Wednesday, December 31, 2008 @ 6:15PMI have some questions about the financial crisis. First, why didn’t anyone see it coming? Actually, plenty of people did. “The financial crisis was not an accident,” writes William Greider, “It was engineered by human architects ... and authorized by political actors in both parties.”
  • Madoff set to disclose list of holdings Wednesday, December 31, 2008 @ 12:51PMInvestigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal.
  • JANUARY 1 Wednesday, December 31, 2008 @ 12:50PMRBI allows foreign institutional investors to short-sell equity shares in Indian companies. Short-selling was banned in 2001. State Bank of India raises deposit rates 25-175 basis points.
  • Country Music Hall of Fame will get to keep historic instruments from Johnny Cash, Bill Monroe Wednesday, December 31, 2008 @ 12:48PMNASHVILLE, Tenn. - The Country Music Hall of Fame and Museum will get to keep historic instruments from Bill Monroe, Johnny Cash and Mother Maybelle Carter pledged by a man who committed suicide after being accused of defrauding millions from investors.
  • Journal of a Plague Year: Faith in Markets Cracks Under Losses Wednesday, December 31, 2008 @ 12:42PMDec. 31 (Bloomberg) -- It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion in market valuation wiped out.
  • CA-BUSINESS Summary Wednesday, December 31, 2008 @ 12:36PMLONDON (Reuters) - World stock markets closed out the year on Wednesday with some having registered their worst annual losses in history, although December looked set to end on a rare up note and there was some optimism about 2009. Dollar was broadly higher while oil fell below $39 a barrel, a 60 percent loss for the year.
  • Madoff set to disclose list of holdings Wednesday, December 31, 2008 @ 12:29PMNEW YORK — Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal. The fallen investment guru is scheduled to submit a list of his personal assets to the Securities and Exchange Commission by the end of the year, including property that could be tapped to make restitution to victims of what authorities say was a $50 billion Ponzi ...
  • Man charged in Manhattan church swindle Wednesday, December 31, 2008 @ 12:25PMNEW YORK (AP) — A man accused in a fraud scheme that duped fellow worshippers at a Manhattan church out of thousands of dollars is being held on $2 million bail.
  • Madoff Spotlight Turns to Role of Offshore Funds Wednesday, December 31, 2008 @ 12:24PMOffshore investment funds used as tax havens are being investigated as part of the Madoff fraud case.
  • Bacon among victims in Wall Street scandal Wednesday, December 31, 2008 @ 12:21PM Actor Kevin Bacon has been named among the celebrities who fell victim to the $50 billion fraud scandal rocking Wall Street. Former NASDAQ chairman Bernard Madoff was arrested on December 8 on charges of securities fraud after allegedly ciphering billions of dollars from his clients in a scam which collapsed after people began asking for their money back, due to the global financial crisis. ...
  • U.S. SECURITIES AND EXCHANGE COMMISSION Tuesday, December 30, 2008 @ 5:18PMSecurities and Exchange Commission v. Creative Capital Consortium, LLC, et. al. , Case No. 08-81565-CIV-Hurley/Hopkins (S.D. Fla., filed December 29, 2008)
  • SEC Halts $23 Million Ponzi Scheme and Affinity Fraud Targeting Haitian-American Investors Tuesday, December 30, 2008 @ 5:18PMWashington, D.C., Dec. 30, 2008 — The Securities and Exchange Commission has obtained an emergency court order to halt an alleged Ponzi scheme and affinity fraud that collected more than $23 million from thousands of investors in the Haitian-American community nationwide through a network of purported investment clubs.
  • Madoff Firm Trustee Wins Access to Liquidation Funds (Update1) Tuesday, December 30, 2008 @ 5:16PMDec. 30 (Bloomberg) -- The trustee in charge of Bernard Madoff ’s investment firm won approval to use $28.1 million out of accounts that may be used to pay back victims of the former money manager’s alleged fraud.
  • Madoff liquidation trustee receives $28 million for costs Tuesday, December 30, 2008 @ 4:57PMAssociated Press FileBernard Madoff, chairman of Madoff Investment Securities, returns to his Manhattan apartment in New York.• Tips for avoiding a Ponzi scheme • Madoff scandal hits home NEW YORK -- A U.S. Bankruptcy Court judge on Tuesday approved...
  • House Panel To Probe Alleged Madoff Ponzi Scheme Tuesday, December 30, 2008 @ 4:48PMHouse Panel To Probe Alleged Madoff Ponzi Scheme
  • Yankees keep spending Monday, December 29, 2008 @ 6:38AMThe Associated Press NEW YORK - The big, bad Yankees are flexing their mighty checkbook, and the rest of baseball isn’t happy.
  • Madoff’s Lesson: new rules for ratings and audits Monday, December 29, 2008 @ 6:31AMWASHINGTON — Yes, but is it good for the Jews? That’s the punch line of a long-running joke among those of us who grew up among Jewish parents and grandparents whose first reaction to almost any event would be to calculate how it would affect the tribe.
  • Clashing at the courthouse Monday, December 29, 2008 @ 6:09AMAlleged scams, injustices and wrongs of every kind led to high-profile litigation in 2008
  • Without morality, it’s just piracy Monday, December 29, 2008 @ 5:51AM The financial fallout from the Bernie Madoff scandal continues to roll like temblors across national borders. While economic analysts parse the astounding damage to investors in the $50 billion Ponzi scheme, the destruction Madoff’s audacity has wrought at the human level is breathtaking. It’s also instructive about the nature of capitalism and the reform that awaits us.
  • Foundations With Madoff Gave Away $73 Million in 2007: Table Monday, December 29, 2008 @ 5:41AMDec. 29 (Bloomberg) -- U.S. foundations that invested with Bernard Madoff donated more than $73 million to nonprofit organizations in 2007, according to a tally based on foundation tax returns.
  • Madoff told to reveal all assets by New Year eve Sunday, December 28, 2008 @ 10:48PMInvestors looking to recoup some of the $50 billion they lost in Bernard Madoff’s alleged Ponzi scheme may get a better idea what the New York financial adviser has left when he is forced to reveal his assets to regulators.
  • Sumitomo Life set to raise Y100bn via loans Sunday, December 28, 2008 @ 7:44PMSumitomo Life, Japan’s fourth largest life insurance company, is set to become the latest Japanese financial institution to raise fresh capital, with plans to borrow about Y100bn ($1.1bn) in perpetual subordinated loans.
  • Credit Suisse clients may have lost $925.9 mln on Madoff: paper Sunday, December 28, 2008 @ 5:06PMZURICH (Reuters) - Credit Suisse clients may have lost up to 1 billion Swiss francs ($925.9 million) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday.
  • How to hold money managers accountable Sunday, December 28, 2008 @ 4:35PMMadoff case shows need for custodial accounts when working with advisers.
  • The Pre-Blame Game Sunday, December 28, 2008 @ 2:53AMAs President Bush fogs up history?s rearview mirror, Barack Obama does have a clean slate. He deserves none of the pre-emptive blame his critics are trying to assign to him.
  • 2008 Brazoria County year in review timeline Sunday, December 28, 2008 @ 2:19AM1. Jennifer Jimenez gave birth at 4:47 a.m. to the first baby born in Brazoria County in 2008, Leticia Maribel Jimenez, weighing 6 pounds and 10 ounces, at Brazosport Regional Health System in Lake Jackson.
  • John Tepper Marlin: Missing Minsky Saturday, December 27, 2008 @ 11:56AMMartin Wolf, at FT.com, wrote on December 24 that Keynes offers us the best way to think about the financial crisis: We are all Keynesians...
  • Top business stories were usually painful Friday, December 26, 2008 @ 12:09PMWith the speed of a supermarket thriller, Wall Street was upended and remade in 2008.
  • In This Scheme, Man Is Accused of Fleecing Fellow Churchgoers Friday, December 26, 2008 @ 11:42AMMany at El Camino Church in Washington Heights will have lost all or part of their savings in a Ponzi scheme that operated far beneath the orbit of the wealthy.