21 hrs ago
Why You Can't Be Your Own Financial Advisor
We all like to think we're smart and self-sufficient. A lot of folks believe they can manage their financial lives by themselves.
Retirement Weekly: How does the custodian of your funds work?
Victims of Bernie Madoff's Ponzi scheme, for example, might have avoided big losses had they noted that his custodian and brokerage firm were the same company.
Avoiding Fraud in a Frothy Market
I love my job. There's a certain thrill that comes with investing, making a good call and enjoying the big profits.
Massachusetts' Madoff feeder fund investors can keep suing KPMG, panel rules
A Massachusetts appellate panel has given a group of 27 investors who lost $20 million in hedge funds linked to Bernard Madoff's massive Ponzi scheme the go-ahead to continue suing audit firm KPMG in court.
JPMorgan exposed: Company found guilty of masterminding 'manipulative schemes'
The financial institution that came to epitomize the "too big to fail" concept should have been left to its own economic destruction during the days of the Great Recession it helped to cause back in 2008-09, because had it been allowed to go under, its criminal behavior would have ended then.
Thu May 23, 2013
International Business Times
Madoff Names Names Again, And Carl Shapiro Calls Him A Liar
Bernie Madoff is naming names again. But the only living person he is trying to implicate says the disgraced former financier is a liar.
Madoff trinkets are crime museum's latest attraction
A new exhibit at the Crime Museum includes a master key to Bernard L. Madoff Investment Securities at 885 Third Ave.
Tue May 21, 2013
A cautionary tale for whistle-blowers
If you have the guts to blow the whistle on a Wall Street investment fraud and approach U.S. regulators with your allegations, beware the case of Kathleen Furey.
Mon May 20, 2013
How Much Does Bernie Madoff Earn in Jail?
Bernie Madoff used to live a life of luxury at the expense of many who lost their life's savings dealing with him.
Fri May 17, 2013
Snuff the SEC
If regulation-hating conservatives were serious about shrinking government, they should go whole hog and press for the elimination of the Securities and Exchange Commission .
Thu May 16, 2013
Prison exclusive: Bernie Madoff can't sleep
"I used to work as a clerk in the commissary, and now they have me taking care of the telephone and the computer systems," said Madoff, speaking by phone from a federal prison in North Carolina.
Mon May 13, 2013
Motor Boating Magazine
Whither Bernie Madoff's Yacht
Convicted felon Bernie Madoff, who masterminded what is believed to be the biggest Ponzi scheme in U.S financial history, is serving a 150-year sentence behind bars while the liquidators of Madoff Securities International try to find a buyer for his yacht.
Phoenix New Times
Russell Pearce Gets Mad Love from the Arizona Republic
One thing both The Republic and Pearce lack: A sense of shame. Prepare for 15 seconds of commercial before the foot-licking begins.
Fri May 10, 2013
Murdoch leaps to Jamie Dimon's defense
Chairman Rupert Murdoch weighed in on the controversy surrounding J.P. Morgan Chase's CEO and chairman, Jamie Dimon, via a tweet late Thursday.
Judge Slams Contract-Attorney Charges In Madoff Feeder Fund Case
A federal judge in New York approved a hotly disputed fee for lawyers who negotiated a $217 million settlement with Madoff "feeder funds," but only after leveling harsh criticism at the firms for trying to obtain excessive markups for low-paid contract attorneys.
Thu May 09, 2013
The Huffington Post
Norman Solomon: Obama in Plunderland: Down the Corporate Rabbit Hole
The president's new choices for Commerce secretary and FCC chair underscore how far down the rabbit hole his populist conceits have tumbled.
Wed May 08, 2013
The Daily Beast
JPMorgan Chase's Crazy Fine Tally
JPMorgan Chase is one of America's largest and most highly regarded banks. But in the past few years, it has paid out several billion dollars to settle lawsuits from consumers and regulators.
Tue May 07, 2013
Silicon Alley Insider
For The First Time At A Shareholder Meeting, Jamie Dimon Might Actually Be In Some Trouble
Every year JP Morgan shareholders get together for their annual kumbaya meeting on the state of the bank, and every year a few agitators propose that CEO Jamie Dimon give up his position as Chairman of the Board.
Mon May 06, 2013
Decline Of The Independent Broker-Dealer
There have been estimates that the number of broker-dealers registered with FINRA fell by nearly 10% between 2005 and 2010, a trend that has continued over the past couple of years, and is expected to be seen in the future, due to a couple of key factors.
Madoff lawyers collect $700 million in fees
The law firm of Irving Picard, right, has reeled in hundreds of millions of dollars cleaning up the mess of Ponzi convict Bernard Madoff, left.