Highlights
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Bernard Madoff's family turned him in to authorities in December, blowing the whistle on what authorities said he described as a "giant Ponzi scheme."
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
Authorities say Madoff confessed to family members that he had for years been paying returns to certain investors out of the principal received from others until he had only $200 million to $300 million remaining.
The charge against Madoff carries a potential penalty of up to 20 years in prison. Other charges could be added as the case is presented to a grand jury.
He is free on bail but must stay at his Upper East Side apartment.
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Exmillonario Madoff gana 40 dólares al mes limpiando ordenadores en la cárcel
Bernard Madoff, condenado a 150 años de prisión en EE.UU. por una de las mayores estafas financieras de la historia, ha pasado de poseer una fortuna de decenas de millones de dólares a cobrar 40 dólares mensuales por limpiar ordenadores, indicó el...
Tags: Long Island, Manhattan (New York City)
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Avi Hoffman brings latest one-man show to Boca Raton
Staff WriterAvi Hoffman is Jewish. Still. So much so the actor proclaims it with the title of his latest stage project, "Still Jewish After All These Years: A Lifetime in the Theatre." The one-man-show is being produced through May 19 by the Boca Raton Theatre...Tags: Arts and Culture, Tony Curtis, PBS (tv network), Judaism, Coral Springs
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MarksJarvis: Financial pros try to address lack of trust
It's about time. Five years have passed since the financial crisis struck. And only now do Wall Street executives seem to be gaining awareness that many potential clients have lost trust in them and the stock market, and have been voting with their...
Tags: Economy, Business and Finance, $700 Billion Bank Bailout (2008), Stock Market, Financial Markets, NYSE Euronext, Inc.
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RPT-Investors may lobby JPMorgan to clip Dimon's wings if vote fails
ReutersBy Nadia Damouni and David Henry May 5 (Reuters) - JPMorgan Chase & Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the "London whale"...Tags: JPMorgan Chase & Co., Politics, Corporate Officers, Shareholders, Employees
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JPMorgan CEO Dimon to meet with OCC examiners -WSJ
ReutersNEW YORK, May 3 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon is scheduled to meet next week with bank examiners from the Office of the Comptroller of the Currency in a meeting the bank requested, the Wall Street Journal reported on Friday. According...Tags: JPMorgan Chase & Co., Jamie Dimon, The Wall Street Journal, The New York Times, Office of the Comptroller of the Currency
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US SEC loses its top examinations director to FINRA
ReutersWASHINGTON, May 2 (Reuters) - The head of the U.S. Securities and Exchange Commission's national examination program is leaving the agency, in what marks the latest major personnel change since Mary Jo White took over as SEC chairwoman last month, the SEC...Tags: U.S. Securities and Exchange Commission, Mary Jo White
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Will new SEC hang whistle-blowers out to dry?
The Securities and Exchange Commission is certainly looking all spiffy and new these days. Mary Jo White, the former federal prosecutor and Debevoise & Plimpton law partner, has taken over as chairman. She tapped her longtime deputy at the Southern...Tags: JPMorgan Chase & Co., Arbitration, Lawyers, Politics, Mary Jo White
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Elie Wiesel, history's witness
It was a fine April day last week that found Elie Wiesel at Chapman University; it was a fine April day too, 58 years earlier, when the gaunt, teenage Wiesel found himself alive and suddenly free to walk out of the Buchenwald concentration camp. In the...
Tags: Freedom of the Press, Lawyers, Politics, Awards and Prizes, Justice System
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Madoff investors cannot sue SEC, federal appeals court says
Investors who lost big when Bernard Madoff’s Ponzi scheme unraveled cannot sue federal regulators, despite the government’s “regrettable inaction,” a federal appeals court ruled. Madoff victims had sued, arguing that the...
Tags: Mary Schapiro, U.S. Securities and Exchange Commission
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The last Dow record: My, how things have changed
Remember the world on Oct. 9, 2007? That was when the Dow Jones industrial average last set a record high. It was a headier time back then: pre-financial crisis, pre-bailouts, pre-Great Recession. The stock market still felt like a party. The economy,...Tags: JPMorgan Chase & Co., Mortgages, Stock Market, Real Estate, Politics
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Extortion at funerals? That's low, even for low-life scammers
Watchdog with Paul MuschickWith this being National Consumer Protection Week, I'm receiving all sorts of tips about the latest scams and how to avoid them. This list from the Bucks County Crimes Against Older Adults Task Force includes one that's new to me...... -
Bernard Madoff urges investigators to keep pursuing big banks
Imprisoned money manager Bernard Madoff is encouraging those investigating his massive Ponzi scheme to keep going after banks he alleges were complicit in the fraud. Madoff, who is serving a 150-year sentence for defrauding investors out of billions...
Tags: Fox Business Network (tv network), The New York Times
May 17, 2013
|Story| South Florida Sun-Sentinel
May 8, 2013
|Story| SFL
May 8, 2013
|Column| Chicago Tribune
May 6, 2013
|Story| Reuters
May 3, 2013
|Story| Reuters
May 2, 2013
|Story| Reuters
Apr 30, 2013
|Column| Allentown Morning Call
Apr 23, 2013
|Column| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Mar 6, 2013
|Story| Petoskey News
Mar 5, 2013
| Allentown Morning Call
Feb 26, 2013
|Story| Los Angeles Times
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