News and interviews on Bernie Madoff including trends, features, blogs and community conversations from an Australian business perspective.
Thursday, 25 November 2010
A trustee looking to recover funds has sued UBS AG for over $US2 billion claiming they collaborated in a Ponzi scheme with Bernard Madoff.
Monday, 01 February 2010
As some struggling millionaires have been forced to slash their household staff numbers, we look at the crucial people the rich rely on.
Tuesday, 01 December 2009
Divorce is a very expensive business. Ask John Cleese. The 70-year-old actor is facing a hefty divorce settlement after 17 years of marriage (no kids) to Alyce Faye Eichelberger. Cleese must pay his ex $US19.7 million, around $US13 million in cash and assets, as well as $US987,000 per year for the next seven years.
Tuesday, 17 November 2009
A pair of computer programmers has been arrested in the US by the FBI for allegedly falsifying bank accounts for conman Bernard Madoff.
Friday, 04 September 2009
A new report shows how former financier and convicted felon Bernie Madoff tricked the US watchdog, the Securities and Exchange Commission.
Tuesday, 30 June 2009
We finally have some insight into what drove Bernie Madoff’s claims to commit an incredible fraud: a fear of failure.
Madoff’s silence on lost funds has chained him to an unprecedented jail sentence for corporate fraud.
Tuesday, 26 May 2009
It's time to take a good hard look at the outmoded ideas of human behaviour that have been perpetuated by economic theory - seems like altruism lives after all.
Friday, 20 February 2009
Allen Stanford, the billionaire financier accused of perpetrating a $12 billion fraud, has finally been found by US justice officials, two days after investigators put his company, Stanford International Bank, into receivership.
Wednesday, 18 February 2009
Federal agents directed by the US Securities and Exchange Commission raided Stanford Financial Group's Houston offices this morning.
Wednesday, 07 January 2009
Bernie Madoff was the 70-year-old architect of one of the world’s biggest and longest-running Ponzi schemes.