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Law Legislation

  • Bernie Madoff

    Hall of Fame pitcher Sandy Koufax. Actor Kevin Bacon. World Trade Center developer Larry Silverstein.  All three have at least one thing in common: Their names appear on a list of several thousand clients who lost money investing with Bernard Madoff. The list has been made public in a court filing in U.S. Bankruptcy Court in Manhattan.

  • Arthur Nadel

    Hedge fund manager Arthur Nadel, arrested last week on fraud charges, has agreed to have his assets frozen.

  • A 47-year-old New Mexico man has been arrested on charges alleging he mailed threatening letters containing suspicious powder to banks and federal offices around the country, federal officials announced Tuesday.

  • Nicholas Cosmo, the Long Island man accused of running a $370 million dollar Ponzi scheme, remains jailed following a bail hearing today.

  • Bernie Madoff

    As Bernard Madoff awaits his fate inside his Manhattan penthouse, he is getting a new crew to keep him safe.

  • Arthur Nadel

    A Florida hedge fund manager who disappeared this month just as he was due to pay investors $50 million turned himself in to authorities Tuesday to face federal securities and wire fraud charges.

  • Nicholas Cosmo

    Accused Ponzi-schemer Nicholas Cosmo onced owed tens of thousands of dollars in gambling debt to the Genovese crime family, the latest twist in a scheme federal authorities believed bilked small investors out of $370 million, according to people with knowledge of the matter.

  • Nicholas Cosmo

    The owner of a Long Island investment firm accused of cheating people out of more than $100 million is expected to appear in court Tuesday.

  • The court-appointed receiver in the case of missing hedge fund manager Art Nadel says Nadel has been defrauding investors since at least 2003, "and in all likelihood before then."

  • wine_AP.jpg

    Now that people are making wish-lists for the new administration, lowering the drinking age keeps popping up as one of the most common suggestions. I think our national drinking age is an absolute travesty of justice.

  • Bernie Madoff

    Several dozen employees, who work in the legitimate branch of Bernard Madoff's firm, are being laid off, according to The Wall Street Journal.

  • Federal law enforcement agents have tracked missing Sarasota hedge fund manager Arthur G. Nadel to Slidell, La., through cell phone records, according to a report in the Sarasota Herald-Tribune, which cited sources close to the investigation.

  • The UnitedHealth settlement over out-of-network medical costs has huge implications for all of us. For one, it shows that the consumer can still effect change.

  • madoff_bernard_05.jpg

    J. Ezra Merkin, a New York financier, wrote his investors last month that he too was shocked by the news that Bernard L. Madoff’s hedge fund was an elaborate Ponzi scheme.

  • This may be apocryphal, but when FDR was running for President for the first time in 1932, he said something along the lines of "What America needs now is a good, stiff drink." Then he won and went on to help end prohibition. Well, now we've got a new Democratic President coming into office, we're in similarly dire economic straits, and maybe what America needs is a nice toke?

  • Stocks fell sharply as the decline in retail sales was double of what was expected and earnings worries escalated. The Dow and S&P logged their worst starts to the year ever.

  • Stocks fell sharply as the decline in retail sales was double of what was expected and earnings worries escalated.

  • Stocks fell sharply as the decline in retail sales was double of what was expected and earnings worries escalated.

  • Futures were lower after the drop in retail sales came in about double what was expected and as earnings worries escalated.

  • No matter if you’re single, married, rich, poor, with children or without, these documents will help protect your family and your assets.