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.