Madoff Cancer May Explain Why Bernie Has Remained Silent
From the Bernie to the grave
The Bernard Madoff Ponzi scheme was the largest financial fraud scheme perpetuated (allegedly) by one individual in United States history. When Madoff was thrown in prison, some people felt that he had gotten his just desserts and that the punishment fit the crime. While those [...]
Watch your money – Ponzi’s back in business
Could Bernie Madoff be running a franchise operation?
Here we go again – the same headlines, the same accusations and the same agonized shrieks and violent threats coming from gypped investors. It all sounds so nice and familiar.
Virus Warning
If someone, anyone, whether his name is Ponzi, Madoff, Standford, Tannebaum or anything [...]
Want to see the game like Madoff sees it?
Madoff baseball tickets to be sold on eBay
Bernard Madoff is still making a market, at least his Citi Field seats are. The two tickets for Monday’s Citi Field opener owned by Bernard L. Madoff Investment Securities were bid up to $2,325 by 8 p.m. EDT Friday on eBay. Seats 5-6 [...]
Ezra Merkin Charged in Madoff Ponzi Scheme
Merkin says he didn’t know
The New York attorney general has added another name to the list of people charged in connection with Bernie Madoff’s Ponzi scheme. Money manager J. Ezra Merkin was charged today. Merkin says he was stunned to learn of Madoff’s scheme, and Merkin’s attorney has called the [...]
Connecticut town sues Madoff for loss of their pensions
The end of Madoff-but not the end of the story
I don’t feel sorry for Bernard Madoff at all. I assume he has exchanged his plush couch in his New York apartment for a hard cot in a jail cell somewhere in the U.S. and lies there for hours on end [...]
1969 Rybovich Among Seized Madoff Property
Federal authorities take two boats
Bernie Madoff’s antique yacht, a 1969 Rybovich, and a smaller motorboat were seized by federal authorities today as Madoff continued his stay in jail.
The 55-foot 1969 Rybovich is valued at $2.2 million. This marks just the beginning of the authorities’ attempts to recoup assets to pay [...]
If it sounds too good to be true, then it probably is
Watch out if he looks like a legitimate businessman
Rip-off artists relieve us of millions of dollars a year. They are smooth, clever and very accomplished at what they do.
Have you been taken by a scam artist?
We’ve all been taken and perhaps some of us don’t even realize what happened. It [...]
Buried Treasure? Where did Madoff hide the billions?
I’m disappointed with you, Bernard Madoff
When I was a small boy, one of my friends on the block told me this story about a local man turned pirate who had stolen a whole pile of gold coins from a bank. He kept them in a chest which he reputedly buried [...]
David Friehling Accused of Aiding Madoff in Ponzi Scheme
First accomplice named
Bernard Madoff’s accountant, David Friehling, has been arrested in relation to the Ponzi scheme that bilked billions out of clients and landed Madoff in jail.
Friehling, sole proprietor of the Friehling & Horowitz, is being charged with securities fraud. He turned himself in to authorities today.
Unwitting participant
Authorities do not [...]
When the Going Gets Tough, the Tough Get Going
Sing along
The title of this piece was a popular song originally recorded by Billy Ocean in 1985 at Battery Studios North London. The song was written by Wayne Braithwaite, Barry Eastmond, Robert John “Mutt” Lange and Billy Ocean and is aptly named for our times.
A tough times survival course
We’re living [...]
What’s a nice place like America doing getting Payday Loans?
America must fix its finances first and then go and fix everyone else’s.
The depression that started with the sub-prime mortgages in the U.S. is spreading around the world like a giant sickness. It’s time for America to do some healing, like bringing them Payday Loans.
Things can’t get any worse in [...]
No Payday Loan or Bail for You, Mr. Madoff
Ponzi scheme mastermind Bernard Madoff won’t be able to get out of a jail with a payday loan if U.S. prosecutors have their way. For those who think that a payday loan is cheating consumers, try Mr. Madoff on for size. The loan product is a useful tool that the [...]
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