Bernard Madoff
featured
The National Museum of Crime & Punishment this week opened a permanent exhibition devoted to the "No. 1 public enemy for financial crime" Bernie Madoff.
» Read More
More
-
SEC SETTLES SUIT: The Securities and Exchange Commission is paying $580,000 to settle a lawsuit by a former assistant SEC inspector general who accused the agency of firing him in retaliation for bringing possible misconduct to light.
-
WASHINGTON, June 10- A former internal investigator at the U.S. Securities and Exchange Commission who claimed he was fired for trying to blow the whistle on possible misconduct has reached a $580,000 settlement with the SEC, his lawyer said on Monday.
-
District Judge Shira Scheindlin in Manhattan on Thursday said the SEC could not pursue civil penalties for much of the 13- year period in which the alleged misconduct occurred. The decision is among the earliest to apply February's unanimous U.S. Supreme Court ruling in SEC v.
-
NEW YORK/ CHICAGO, June 5- U.S. regulators sued U.S. Bancorp on Wednesday, alleging it knowingly allowed the head of a failed Iowa brokerage, dubbed' the Midwest Madoff,' to use customer money held at the bank to help fund a lavish lifestyle.
-
May 5- 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" trading losses. JPMorgan declined to comment for this story.
-
WASHINGTON, May 2- 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 head of the SEC last month, the SEC said Thursday.
-
WASHINGTON, May 2- 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 said Thursday.
-
April 15- The trustee seeking money for Bernard Madoff's victims was barred on Monday from blocking a $410 million settlement resolving New York state's claims against Wall Street hedge fund manager Ezra Merkin, who was accused of secretly steering client money to the swindler.
-
The Madoff case embarrassed the SEC, which had investigated the now-imprisoned money manager but failed to detect his fraud. Howard Kleinhendler, a lawyer for eight plaintiffs who lost $50 million in Madoff's scheme, said he could not envision a better example of a case in which the SEC should be held liable for failing to prevent a fraud.
-
The Madoff case embarrassed the SEC, which had investigated the now-imprisoned money manager but failed to detect his fraud. Howard Kleinhendler, a lawyer for eight plaintiffs who he said lost $50 million in Madoff's scheme, said he could not envision a better example of a case in which the SEC should be held liable for failing to prevent a fraud.
-
JPMorgan has found itself in the crosshairs of the Bernie Madoff scandal. CNBC's Scott Cohn reports the bank has been under suspicion in the Madoff case almost from the beginning.
-
JPMorgan Chase may be losing its pull in Washington while at least eight federal agencies investigate the nation's strongest bank, The New York Times reports.
-
*Soft demand at Italy debt auction sparks concern. Stoking concerns about the euro zone, Italy paid more to borrow over five years than it has since October at an auction Wednesday, as lack of progress in forming a new government and worries about Cyprus's bailout hurt demand.
-
NEW YORK, March 27- Wall Street was set for a lower open on Wednesday after a robust rally a day earlier, as soft demand at an Italian debt auction sparked concerns over the financial health of the euro zone.
-
NEW YORK, March 27- U.S. stock index futures fell on Wednesday, after a robust rally a day earlier, as soft demand at an Italian debt auction sparked fresh jitters over the financial health of the euro zone.
-
People who lost money by investing in funds that funneled their money to Bernard Madoff's Ponzi scheme are not entitled to recover for their losses in the manner that direct victims of the massive fraud can recover, a federal appeals court ruled on Friday.
-
Feb 22- People who lost money by investing in funds that funneled their money to Bernard Madoff's Ponzi scheme are not entitled to recover for their losses, in the manner that direct victims of the massive fraud can recover, a federal appeals court ruled on Friday.
-
What are some of the major seizures and big busts law enforcers have made in recent years? Click on to see 10 cases that were record-breaking, major, or even bizarre in nature.
-
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.
-
CNBC's Scott Cohn reports on the emails Bernie Madoff has written from jail, including his feeling that he should have pleaded not guilty. As remorseful as he is, Madoff says, he is comforted by the fact that he helped his customers recover their original investment principal.
Most Popular Video
An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
Tuesday, 18 Jun 2013 | 12:47 PM ETSupply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.