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Bernie Madoff

Bernie Madoff

Financial Markets

Bernie Madoff Can't Sleep

Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor.

Bernie Madoff

Financial Markets

HSBC Says Madoff-Era Liability Rules For Custodians Less Strict

HSBC, custodian of a fund that lost about $1.5bn through Bernard Madoff’s Ponzi scheme, said liability rules for banks in Europe weren’t as strict at the time of the scandal surrounding the convicted fraudster.

Bernie Madoff

Financial Markets

HSBC Liability For Madoff Losses Still An Issue Four Years On

Four years after Bernard Madoff pleaded guilty to running the largest Ponzi scheme in history, investors are still trying to get their money back.

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Robert De Niro - TCL Chinese Theatre Jan 2013

Video

De Niro: How I'm Preparing To Play Bernard Madoff

Producer Jane Rosenthal and Robert De Niro discuss their upcoming film on disgraced financier Bernie Madoff.

Bernie Madoff

Financial Markets

JPMorgan Said Likely To Be Faulted Over Madoff

U.S. regulators plan to fault JPMorgan Chase & Co, which served as Bernie Madoff's main bank for two decades, for failing to conduct adequate due diligence and report suspicious activity, according to a person familiar with the matter.

Gavel

Financial Markets

SAC Capital, Madoff, OppenheimerFunds, UBS, Julius Baer

Donald Longueuil, a former employee of the hedge fund SAC Capital Advisors, has big for plans when he gets out of prison.

Bernie Madoff Still

VideoFinancial Markets

Madoff Offers To Spill The Beans On Big Banks

Jailed Ponzi schemer Bernard Madoff plans to amplify his contention, possibly in testimony before Congress, that the big banks he did business with – J.P. Morgan Chase, Bank of New York Mellon, Citigroup and HSBC Group, among others – knew what he was up to.

Bernie Madoff

Financial Markets

Bernie Madoff's Latest Email From Prison

Bernie Madoff said he does not need "credit" for helping recover money for victims of his Ponzi scheme, he just wished court-appointed trustee Irving Picard would tell the truth about what Madoff has claimed is his "instrumental" role in the process.

Bernie Madoff

Financial Markets

'Frustrated' Madoff Says He's Getting No Credit

Bernie Madoff says he is frustrated. Writing to CNBC from the federal prison where he is serving a life sentence for his epic fraud, Madoff said he is not getting credit for what he calls his "instrumental" role in returning money to his victims.

Bernie Madoff

Financial Markets

Money To Be Returned to Madoff Investors Tops $5 Billion

Most investors in Bernie Madoff's epic Ponzi scheme initially assumed they had lost everything. But a new distribution announced Tuesday by court-appointed trustee Irving Picard will bring the total amount returned to investors past $5 billion for the first time.

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