News

Built just after the Civil War, it has six bedrooms, five bathrooms and more than 7,400 square feet of living space.
The curious minds at ColdFusion revisit Bernie Madoff’s $65 billion Ponzi scheme and why it still haunts Wall Street.
Find out about the main events that have taken place on this day over the years.
Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about $15.
Settlement Increases Customer Fund by $498.3 Million Press release from the offices of Irving H. Picard, SIPA Trustee for the liquidation of Bernard L.
NEW YORK (Reuters) -Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting ...
December 17, 2008– Madoff is placed on house arrest. Several bids by prosecutors to jail Madoff are denied by the court. February 9, 2009– The SEC and Madoff reach a partial settlement agreement.
Started his firm with $5,000 he saved from working as a lifeguard. Madoff served as NASDAQ’s chairman in 1990, 1991 and 1993. Had many high-profile victims, including director Steven Spielberg ...
December 17, 2008– Madoff is placed on house arrest. Several bids by prosecutors to jail Madoff are denied by the court. February 9, 2009– The SEC and Madoff reach a partial settlement agreement.
1960 – Bernard L. Madoff Investment Securities is founded. December 10, 2008 – Bernard Madoff allegedly confesses to employees of his company that the asset management portion of his firm is ...