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Tag Archives: Bernard Madoff

Madoff victims blame SEC in letters to government

Federal prosecutors released e-mails and letters from victims of the $65 billion Ponzi scheme perpetrated by New York money manager Bernard Madoff in which some place the blame for the fraud on federal regulators. Among those was Richard Shapiro, of ...

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Handcuffed Madoff jailed without full disclosure

However satisfying the click of handcuffs snapping onto Bernard Madoff’s wrists and the knowledge that he’ll never again be free, his guilty plea marked only a beginning. The thousands of investors who lost billions of dollars to his Ponzi scheme ...

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Lehman bankruptcy judge charged with slapping wife

U.S. Bankruptcy Judge James Peck in Manhattan, who is overseeing the liquidation of collapsed securities firm Lehman Brothers, was charged with attempted assault for allegedly slapping his wife. Peck, 63, was arrested Jan. 31 for third-degree attempted assault and second-degree ...

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Madoff victims suspected a crime, just didn’t care

It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law. How else to explain his returns? They pressed for answers, ...

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SEC pick Schapiro pledges to reinvigorate enforcement

Mary Schapiro, seeking to win Senate confirmation to be chairman of the Securities and Exchange Commission, said she will “reinvigorate” an enforcement unit that has drawn fire from lawmakers for missing Bernard Madoff’s alleged $50 billion Ponzi scheme. “I will ...

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