Frank DiPascali Jr., a Madoff aide who pleaded guilty, died on Thursday due to lung cancer, The New York Times reports.» Read More
The Dow turned higher after the December jobs report came in as expected, that is to say that more than half a million jobs were lost in December. Market buzz had indicated the number could be as high as a million.
“He destroyed lives,” the former Big Idea host said. The fact that Bernie’s not yet in jail is “an abomination.”
Who among Bernie’s $50 billion worth of investors should get their money back? And what if some were in on the scam?
The embattled money manager claimed returns of as much as 12% a year. That's not what we found.
The woman who pulled in European money for Bernie Madoff has disappeared from view, the New York Times reports.
If you were ripped off by Bernie Madoff's alleged scheme, this is what you can do.
The regulator has no excuse for missing the alleged $50 billion fraud, Cramer says.
More than 8,000 forms have been mailed to customers of accused swindler Bernard Madoff so they can make claims by March or July for any money they may have lost, the trustee overseeing the liquidation of Madoff's firm said on Monday.
The victims of Bernard L. Madoff's fraud includes no small number of boldface names and institutional investors. But a number of average-Joe investors have discovered that they, too, had money invested with Madoff. Portfolio.com has one man's story.
The investigations into Bernard L. Madoff are expanding into offshore tax havens, the New York Times reported.
U.S. Bankruptcy Judge Burton Lifland on Tuesday approved the transfer of $28.1 million to cover expenses tied to the liquidation of Bernard Madoff's investment firm.
The author of the recent best-selling Warren Buffett biography lists some "key differences" that would have helped investors distinguish Bernard Madoff's alleged fraud from Buffett's proven genius.
As we told you Friday many investors are skeptical that Bernie Madoff acted alone.
The Bernie Madoff story is making us all re-evaluate where we have our money. Let's make sure, if nothing else, it teaches us to be wary of potential cons.
Monday's market is still feeling last week's pain, as lowered earnings outlooks add to the downward pressure from big bank downgrades. And forensic analysts continue to sift through the alleged Bernie Madoff fraud, asking: Can investors get anything back? But CNBC heard from experts who are anticipating an annual Santa Claus rally — and think it's crucial to buy oil stocks and other selected equities now.
Since Bernard Madoff was arrested in connection with a $50 billion Ponzi scheme, the Fairfield Greenwich Group has portrayed itself as an another unwitting victim of the fraud. But for Fairfield, working with Mr. Madoff was hugely profitable, the New York Times reports.
Frazzled investors are asking one another about Bernie Madoff. The Ponzi scheme he allegedly orchestrated has caused a lot of angst on the Street.
On Friday, the auto bailout was announced: General Motors and Chrysler will get up to $17.4 billion in short-term loans from the U.S. in return for deep concessions. Treasury boss Hank Paulson reversed himself, asking for the second half of the TARP fund. Who gets bailed out next — and where does it end? Strategists told CNBC the bailout is going to make things worse; but one airline CEO sees a healthy Darwinian process.
Eric Swanson received a startling call last Thursday from his wife, Shana D. Madoff, who said that something was terribly wrong. Officials from the Securities and Exchange Commission and the Justice Department had swooped down on the offices of Madoff Investment Securities, where Ms. Madoff was the compliance lawyer, seizing records and asking pointed questions as they began investigating one of the largest frauds in Wall Street history.
A man who knew Bernie Madoff professionally for 40 years was skeptical of Madoff’s “extraordinary” performance, he told CNBC in an exclusive interview.