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    The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff that turned out to be nonexistent.

  • Bernard Madoff pled guilty to eleven charges stemming from his alleged $64 billion Ponzi scheme today. His victims were given a chance to speak in court, though some did not in spite of their lingering questions.

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    Here is the text of Bernard Madoff's prepared plea allocution statement, delivered Thursday in U.S. District Court in New York

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    One person, at least, would like to thank Bernie Madoff for all the good his alleged fraud has done for American society.

  • With your 401(k). Anyone else find it strange that casinos operate under stricter rules than the markets?

  • Find a list of resources compiled for victims of accused swindler Bernard Madoff ahead of the plea agreement scheduled for later this week.

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    Attorney Ira Sorkin confirms a report in Newsday that Ruth Madoff is getting her own counsel.

  • Somehow the powers that be have forgotten the lessons we learned from the Great Depression.

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    Bernard Madoff and $50 billion. His name and that number have become inseparable in describing the enormity of what has been called the largest white-collar fraud in history.

  • Andrew Cuomo

    New York Attorney General Andrew Cuomo has issued subpoenas to seven top executives at Merrill Lynch -- executives who earned more than $200 million last year, according to sources familiar with the investigation. 

  • The Government put out its stress test guidelines yesterday and the market seemed to like the details.

  • Could it be? And if so, will it continue? Cramer says there’s reason to think it might.

  • As you may know Jon Najarian has been calling for a restoration of the uptick rule. Well, an important supporter may have just joined his ranks.

  • Financial Police

    We've been getting away with operating on the cheap for decades, but now it's killing us. The problem isn't that the SEC is wasting its resources, it's that it doesn't have enough resources.

  • Call of Shame

    I reported, you voted, and the overwhelming winner of last week's "Call of Shame" is the SEC. You also emailed.

  • Forget about the fact that these funds don’t even work properly – but they’re also getting in the way of a much-needed rescue.

  • The judge in the SEC's civil suit against Stanford Financial has recused himself after determining that "a person within the third degree of relationship" to him has "substantial holdings" managed by one of Stanford's companies.

  • Bernie Madoff

    The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the disgraced financier bought securities for his clients.

  • Call of Shame

    Today we introduce a weekly segment, "The Call of Shame", for CNBC's "The Call". It will highlight the lowlights and lowlifes in business and finance. This week's nominees are.......

  • The Securities and Exchange Commission on Thursday named a former federal prosecutor as its new enforcement chief to lead the embattled agency's drive to strengthen its pursuit of financial fraud.