Chief Financial Officer for Texas financier Allen Stanford has changed course, and is now cooperating in the civil and criminal investigations of his former boss, CNBC has confirmed.
The trustee handling the liquidation of Bernard L. Madoff’s brokerage business told a federal judge on Monday that he had found $75 million in new assets in Gibraltar, the New York Times reports.
Cramer explains how unenforced rules brought down Bear Stearns and Lehman Brothers.
A new report from SEC Inspector General David Kotz says the agency is not doing enough to address complaints about abusive, "naked" short selling.
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.
Here is the text of Bernard Madoff's prepared plea allocution statement, delivered Thursday in U.S. District Court in New York
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.
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.
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.
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.
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.
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.