Subject:

Bernard Madoff

  • Blogs

    October 3, 2012

    Bernie Madoff Wasn't Alone in His Dirty Work, Five Former Employees Hit With New Charges

    The Manhattan U.S. District Attorney and several other government agencies announced new and revised charges yesterday for five former employees who worked for infamous scam artist Bernie Madoff. Daniel Bonventre, Annette Bongiorno, Joann Crupi, Jerome O'Hara, and George Perez were indicted back i ... More >>

  • Blogs

    June 25, 2012

    Bernie Madoff Money Manager J. Ezra Merkin Forced To Cough Up $410 Million To Repay Victims

    The man who controlled four funds that invested more than $2 billion with convicted ponzi-schemer Bernie Madoff on behalf of hundreds of investors -- including several charitable organizations -- is gonna have to cough up some serious coin to repay victims who lost loads of cash.New York Attorney G ... More >>

  • Blogs

    October 9, 2011

    Frank Langella In Man And Boy: My Review

    No, it's not about NAMBLA. Shut up. It's a 1961 Terence Rattigan play set in the Village in 1934, about a Ponzi schemer and all-around fraud who uses his son as a pawn against his gay financial opponent, whom he calls "that silly, pink-faced old fairy!"

  • Blogs

    August 15, 2011

    Ruth Madoff Dumps Bernie

    ​Ruth Madoff has finally left Bernie Madoff, her husband of 52 years who will be behind bars for the rest of his life. According to the Post, it's a last-ditch attempt to re-forge a connection with estranged son Andrew, who shunned her completely after the suicide of his brother Mark in December o ... More >>

  • Blogs

    May 11, 2011

    WWBMD? (What Would Bernie Madoff Drink?)

    WikipediaOnly drinking water in the slammer now, huh Bernie?​Looks like personal freedom wasn't the only thing Bernie Madoff had to give up when heading off to the slammer. He is saying so long to his impressive wine collection, up for online auction at Morrell & Company on May 18 at 10 a.m.

  • Blogs

    February 28, 2011

    Bernie Madoff Called a Reporter Collect to Relay a Message to His Son: "I Am a Good Person"

    ​A new feature in New York magazine provides updates on Bernie Madoff less than two weeks after the disgraced and jailed Ponzi-schemer gave his first interview from prison, to the New York Times. After the reporter asked for a favor from one of Bernie's friends and fellow inmates, Robert Rosso ... More >>

  • Blogs

    February 4, 2011

    Meet The Mets, Sue The Mets

    ​The trustees for Bernie Madoff's victims have filed a lawsuit against the owners of the Mets claiming they ignored pointed and repeated warnings that Madoff was operating a Ponzi scheme. The New York Times reports that Fred Wilpon and Saul Katz are accused of looking the other way as Madoff's swe ... More >>

  • Blogs

    December 11, 2010

    Mark Madoff, Bernie Madoff's Son, Found Dead in Apparent Suicide

    Bernie, Mark and Andrew (via)​Bernie Madoff's son Mark, 46, was found dead in his New York City apartment this morning, the New York Post is reporting. Discovered by his father-in-law, with his 2-year-old son in the apartment, Madoff was found hanging, brutally, "from a dog collar attached to ... More >>

  • Blogs

    November 18, 2010

    Bernie Madoff's Ex-Employees Arrested; Meg Whitman Pays Housekeeper; Judd Apatow Films on Broome Street...and More!

    "This Little Piggy" joke goes here.​• Two women have been arrested by FBI agents in connection to Bernie Madoff's Ponzi scheme. Joanne Crupi and Annette Bongiorno (Madoff's secretary, who owns a $2.6 million mansion in Boca Raton) were both arrested at their homes in, respectively, New Jerse ... More >>

  • Blogs

    October 20, 2010

    Things I Want for Hanukkah: Bernie Madoff's Desk, Maybe His Piano, Too

    ​Between the Sing-A-Ma-Jigs, the Squinkies, the new Macbook AirCrisp, and the Obamarator, it's going to be tough figuring out what to put on the Hannukkah/Christmas/Festivus/Kwanzaa/December-Holiday-of-Choice-Built-Around-Animalistic-Consumerism wishlist. But it looks like we've found the pe ... More >>

  • Blogs

    June 6, 2010

    Bernie Madoff: 'Fuck My Victims' and Other Pleasantries From Prison

    ​This week's bound-to-be-a-blockbuster New York magazine cover story is the long-awaited profile of Bernie Madoff's life in prison. Based solely on anecdotes, it doesn't disappoint, illustrating a portrait of a semi-broken man, almost owning his evil deeds, but still defensive and angry. Thoug ... More >>

  • Blogs

    March 18, 2010

    Bernie Madoff: Punked by a Black Belt in Judo, Mel Gibson Fan, Giving Financial Advice

    ​If the question How's Bernie Madoff doing in prison? has ever crossed your mind at any point, well, now we know. The answer is sad, hysterical, and kinda poignant.

  • Blogs

    December 24, 2009

    Bernie Madoff Moved to Prison Infirmary; Some Think He Was Beaten Up (Updated)

    Convicted Ponzi schemer Bernie Madoff has been transferred to a prison medical facility and some reports say he has injuries consistent with a beating, though no authorities have made any admissions to that effect. He is allegedly to have broken ribs, a collapsed lung, and facial fractures. The Wa ... More >>

  • Blogs

    December 10, 2009

    On Madoff Anniversary, Biggest Secrets of Bernie's Scheme Still Buried

    HarkavyTime won't tell: A year later, Bernie Madoff's Rolex (not pictured above) has been auctioned off, and we still don't know what made his scheme tick. One year ago today (December 11, 2008, that is), Bernie Madoff was arrested. But after millions of words have been written about his multibill ... More >>

  • Blogs

    December 7, 2009

    Less-Rich Victims of Bernie Madoff May Also Get Tax Breaks As Chuck Schumer Burnishes Own Image

    Madoff left even smaller investors in the lurch.Saying he wants to help some of the not-so-rich victims of Bernie Madoff's Ponzi scheme, Senator Chuck Schumer today unveiled a proposed change in the tax code to give so-called indirect investors some of the tax breaks that wealthier, direct investors ... More >>

  • Blogs

    November 15, 2009

    Madoff swag auction brings in almost $1m

    ​Under the watchful eyes of 150 members of the press, roughly 500 bidders crowded into a ballroom at the Sheraton and 1,100 registered online bidders competed yesterday for the chance to overpay for their own shabby relic of Bernie Madoff's version of the american dream.

  • Blogs

    November 13, 2009

    Madoff Scandal Widens to Computer Programmers

    Two computer programmers who the government has charged with creating and maintaining the software that enabled Bernie Madoff perpetuate his long-running Ponzi scheme were arrested and taken to Manhattan federal court today. The two former employees of Madoff's brokerage firm - Jerome O'Hara of Malv ... More >>

  • Blogs

    October 21, 2009

    Madoff Makes News with Cellmate, Cocaine, Mets, and Pizza

    Kudos to Bernie Madoff's publicists; he gets more press in prison than most criminals get while they're walking around free. The Post breathlessly reports that at the Butner Federal Correctional Complex Madoff takes the lower bunk while "a 21-year-old inmate convicted of drug crimes" gets the penth ... More >>

  • Blogs

    October 13, 2009

    Madoff Allegedly Wins Fight with Fellow Thug

    Bernie Madoff continues to be good copy. The new story is that he got in a fight -- or, more properly, a "prison-yard tussle" -- with an unidentified opponent. The consensus is that the opponent shoved first and, in an escalating war of shoves, Madoff knocked said opponent to the ground, then sto ... More >>

  • Blogs

    August 28, 2009

    Madoff Author: Wilpons Will Have to Sell Mets

    The name Fred Wilpon, and the name of his Sterling Equities company, appear hundreds of times on the Madoff suckers list. We figured the rich Wilpon family could absorb the loss, if unhappily. But maybe not. Erin Arvedlund, author on the recent examination of the case Too Good to Be True: The Rise ... More >>

  • Blogs

    August 24, 2009

    Bureau of Prisons: Post Full of Shit, Madoff Doesn't Have Cancer

    Bernie Madoff is "dying of cancer, sources told The Post," and the New York Post told the world. An inmate said he took 20 pills for cancer -- maybe painkillers, maybe laetrile. Plus he'd participated in a Native-American sweat lodge, and why would anyone do that unless he were dying of cancer? It ... More >>

  • Blogs

    August 11, 2009

    Madoff's CFO Pleads Guilty; Faces 125 Years

    Bernie Madoff's longtime finance chief pled guilty in federal court this afternoon to helping his boss carry out a $65 million dollar Ponzi scheme. The accountant, Frank DiPascali, had been employed at Bernie L. Madoff Investment Securities for more than three decades. He was responsible for manag ... More >>

  • Blogs

    June 29, 2009

    It's Bernie Madoff Sentencing Day! (UPDATE: Madoff Gets 150-Year Maximum)

    Bernie Madoff rolls into court and gets his medicine today. The spectacle has drawn a nice crowd. Madoff's lawyer has "recommended" a 12-year sentence; prosecutors recommend 150 years; Madoff's victims recommend he be slathered in ground beef and thrown into a bear pit. "This isn't a guy who murde ... More >>

  • Blogs

    June 5, 2009

    When Madoff Victims Collide

    What are the odds? On Barry Z's show on CBS Digital Radio the other day, two guests realized they'd both been swindled by Bernie Madoff. Cabaret singer Cynthia Crane admitted that Bernie had run away with her cash, while Cafe Tempest author Barbara Bonfigli chimed in, "I was ripped off by Bernie to ... More >>

  • Blogs

    May 1, 2009

    Gucci Mane Has Ice To Spare

    Fuck mortgage-backed securities, default credit swaps, AIG, Fanny Mae, Freddy Mac, Alan Greenspan, George W. Bush, Citigroup, Chrysler, Washington Mutual, Bernie Madoff, Sir Allen Stanford, Henry Paulson, Timothy Geithner, suicide loans, TARP, GM, Wells Fargo, Jerome Kerviel, al-Qaeda, Iran, Osama b ... More >>

  • Blogs

    March 24, 2009

    Madenfreude: Madoff Bilks Some Amusing Customers

    We have heard much over the past few month about the widows and charities made destitute by Bernie Madoff's criminal enterprise. But it's an ill wind that blows no one some good, and recently we heard of some Madoff marks to whose misfortunes we may be less sympathetic. For example, the Hudson Insti ... More >>

  • Blogs

    March 20, 2009

    Judges Wait to Decide if Madoff Will Leave Jail (UPDATE: He Stays in Jail!)

    A panel of judges is reserving its decision about letting Bernie Madoff out of jail before his sentencing. The main point of contention seems to be: is Madoff's failure to flee heretofore proof that he is not a flight risk? Judge Dennis Jacobs asked prosecutor Marc Litt whether, since Madoff's hadn ... More >>

  • Blogs

    March 20, 2009

    Cheek, In Review: 7 Days of Runnin' Scared

    And how was your week? Our week began with a Top Model riot and ended with a days-long pitchfork uprising over A to the I to the G, ad nauseum. But we had some fun in between. Surely the highlight of the week was our Bill O'Reilly audio porn, which drew the attention of many hardcore aficionados. ... More >>

  • Blogs

    March 16, 2009

    Feds Seek Mrs. Madoff's Millions; Madoff Release Highly Unlikely

    Now that he's pleaded guilty, federal prosecutors are getting more serious about recovering Bernie Madoff's ill-gotten gains. They are reportedly going after the Park Avenue townhouse and assets belonging to Madoff's wife Ruth, though Madoff's lawyers claim they are not part of the fraudulent earnin ... More >>

  • Blogs

    March 3, 2009

    Voice Blogs: Madoff-mania and More

    Bernie Madoff's making a lot of news today. Prior to generously relinquishing the rights to his crooked business (and related artwork and entertainment tickets!), Madoff made an impassioned plea for his wife's $70 million in assets -- including the townhouse they both live in. The Smart Asset has th ... More >>

  • Blogs

    February 26, 2009

    Even Nobel Peace Prize Winner Can't Forgive Madoff

    Jesus, Bernie Madoff can't catch a break. New York magazine compared him to the Joker, and thousands of victims and moralists bay for his blood. Now even Nobel Peace Prize winner Elie Wiesel is cracking on him. Madoff's bogus investments all but wiped out the Elie Wiesel Foundation, and Wiesel has ... More >>

  • Blogs

    February 19, 2009

    Madoff Lawyer Has Valuable Experience with Madoff-Involved Crooks

    The glossies interview movie stars and scene-makers, but the New York Law Journal interviews Bernie Madoff's lawyer. As you might expect, though, counselor Ira Lee Sorkin doesn't say much. But his history with Madoff is interesting: After meeting the swindler in the 1980s, the former SEC prosecutor, ... More >>

  • Blogs

    February 11, 2009

    Madoff's Wife Pulled Millions Just Before Bernie's Arrest

    Just a day after swindler Bernie Madoff cut a deal with the Securities and Exchange Commission in which he once again agreed not to dispose of any assets, it's being reported that his wife Ruth took $15.5 million out of a Madoff account late last year -- $5.5 million in November, and $10 million o ... More >>

  • Blogs

    February 9, 2009

    SEC dumps chief 'enforcer' on Madoff scandal; Bernie reaches partial settlement with probers

    From HedgeFund.net: The Securities and Exchange Commission enforcement chief is out as the agency faces anger over its handling of the Bernie Madoff alleged Ponzi scam. The SEC said Monday that Linda Thomsen, its director of enforcement, was leaving to return to the private sector. There have be ... More >>

  • Blogs

    February 6, 2009

    Gary Ackerman's phony bluster: He and Congress pals deserve blame; his own district hard hit by Bernie Madoff

    It's time to stop pinning the "news" tag on Gary Ackerman's angry outburst at the SEC yesterday for not stopping Bernie Madoff. Perhaps the most entertaining part of the House hearing, yes. But while the New York Democrat yelled at the SEC, whistleblower Harry Markopolos spoke more softly but cut d ... More >>

  • Blogs

    February 5, 2009

    Madoff Sucker List Released

    Bernie Madoff's liquidators have released a list of his official victims, which the Post obligingly makes public as a large pdf file. Look for your friends! Interestingly, a few people who'd previously told us they were Madoff victims don't appear on it. But Mets owner Fred Wilpon, and his company S ... More >>

  • Blogs

    February 5, 2009

    Yo! Bernie Madoff's victims: the full list -- so far.

    You may have seen the PDF version of the latest list of Bernie Madoff's human and corporate victims. If not, check it out. See my colleague Roy Edroso's riff on the list. I'm trying to post a text version of the entire roster of willing suckers, but our server is gagging on the size. Anyone have ... More >>

  • Blogs

    February 2, 2009

    Super Sunday! Bread and circuses and suicide bombings!

    The Taliban conduct a night ambush against U.S. troops on January 24. A commenter on this YouTube video wrote: "holy cow, tracer rounds are so cool!" Yeah, really cool. What a Sunday in sports and terror: Rafael Nadal and Roger Federer fought to the death in a Grand Slam final, and so did the Pit ... More >>

  • Blogs

    January 27, 2009

    Sitting target: Schumer blasts Madoff with elephant gun

    MSNBC captured Schumer's spiel today about the Madoff scandal. Today's Senate Banking Committee hearing on the Bernie Madoff scandal was a perfect chance for pols to grab at the golden ring of video clips, and it looks as if the winner was...New York's own Chuck Schumer! If you missed the dog- ... More >>

  • Blogs

    January 12, 2009

    Madoff Apologizes to Neighbors, At Least

    Bernie Madoff was good enough to apologize to his neighbors at the 133 East 64th Street where he has been relaxing between court appearances. "Dear neighbors," says the note left for Madoff's fellow tenants and obtained by the New York Times. "Please accept my profound apologies for the terrible inc ... More >>

  • Blogs

    January 12, 2009

    Madoff Stays Free on Bail

    "Bernard Madoff could be forced to trade his luxurious penthouse for a jail cell," said WCBS hopefully. They and we, alas, were disappointed when a judge ruled this morning that, despite his last-minute attempts to smuggle jewelry to his relatives, master criminal Madoff will stay free on bail. "The ... More >>

  • Blogs

    January 6, 2009

    Americans start acting responsibly, sending country deeper into depression

    Your own private Idaho. When you can no longer afford even a night out in Boise, Idaho, your country's in deep financial trouble. In a clever immorality tale about 21st century capitalism, the Wall Street Journal tells us this morning that people in the Intermountain West are having to give up m ... More >>

  • Blogs

    January 6, 2009

    Prosecutors: Madoff Sent Out $1 Million in Jewels After Arrest

    The Federal judge considering Bernie Madoff's case told him, understandably, not to send anyone any money. But, prosecutors contended in court yesterday, the Ponzi scheme operator has mailed "at least a million dollars worth of jewelry as gifts to family members and friends" in the interim, and th ... More >>

  • Blogs

    December 31, 2008

    Ponzi schemer Norman Hsu claims stories about Ponzi schemer Bernie Madoff are 'prejudicial'

    Hot Air's Ventilators sing "Runaround Hsu." If you hunger for a good snicker and you're somewhat of a news junkie, what's better than a concise roundup of the best Bernie Madoff news stories — the good parts, the adjectives, the apoplexy? Look no further than a December 22 court document in ... More >>

  • Blogs

    December 23, 2008
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    December 22, 2008
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    December 16, 2008
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    December 16, 2008
  • Blogs

    December 15, 2008

    Bailout for Madoff Victims?

    The bogus speculations of Bernard L. Madoff have ripped off tens of billions from the high and the low and has even impacted the stock market. Naturally someone is calling for a bailout. At least that's what it sounds like a hedge fund group called the Alternative Investment Management Association ... More >>

  • Blogs

    December 11, 2008

    Finally! A Wall Street Big Confesses All!

    Confession is always good for the soul, and according to the federal complaint issued today against one of Wall Street's most venerable investment names, that's exactly what sparked the investigation into Bernard L. Madoff, 70. As the complaint states: "On December 10, 2008, MADOFF informed the Seni ... More >>

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