Special Report

The Madoff Scandal

Madoff's `Street-Smart' Aide Frank DiPascali Was Go-To Guy for Investors Frank DiPascali Jr. joined Bernard Madoff’s firm a year after graduating from a Catholic high school in Queens, New York. Over a 33-year career, he rose through the ranks, eventually calling himself chief financial officer.

French Investors in Funds Invested With Madoff File Suits Against UBS, BNP French investors who put their money in funds that invested with Bernard Madoff filed lawsuits in Paris as part of an effort to recoup their estimated 500 million euros ($661 million) of losses.

Madoff's U.K. Chief Says Still Waiting for Explanation of Firm's Collapse Stephen Raven, head of the U.K. firm which invested Bernard Madoff’s family fortune, says he’s “still waiting for a call” from his employers to explain the company’s collapse.

Cuomo Said to Subpoena Merkin, 15 Nonprofit Groups in Madoff Investigation New York Attorney General Andrew Cuomo subpoenaed J. Ezra Merkin, the former GMAC Financial Services chairman, and 15 nonprofit entities in an investigation of alleged charity fraud connected to the Bernard Madoff scandal, a person familiar with the probe said.

Madoff `Feeder Funds' Are Said to Be Under Investigation by U.K. Regulator Britain’s financial regulator is examining the involvement of so-called feeder funds in the alleged $50 billion fraud by Bernard Madoff, according to two people with knowledge of the case.

Madoff Offered the Glorification of Smoothness: Commentary by John Dorfman I admit to feeling a twinge of schadenfreude in regard to the Bernie Madoff scandal.

Clients of Bernard Madoff Thought They Had $41 Billion With Firm: Table Clients of Bernard Madoff, the money manager charged with fraud, are still trying to calculate their losses, and a Bloomberg tally of disclosures and news reports shows investors think they had about $41 billion with his New York-based firm.

Mort Zuckerman, Steinhardt Say Don't Call Madoff Scheme A 'Jewish' Scandal Bernard Madoff’s alleged Ponzi scheme shouldn’t be considered a Jewish scandal just because there were a large number of Jewish victims, said real estate developer Mortimer Zuckerman and financier Michael Steinhardt.