You couldn’t dream up a better villain. Bernie Madoff, the man we all love to hate, is back in the news, opining from his jail cell on matters political, ethical and financial, this time in an interview with Politico magazine. Madoff won’t win many friends with this new interview, and may even gain a few…
Ponzi schemer Bernie Madoff said in a prison interview that he does not feel he “betrayed the Jews.” The scheme — believed to be the largest of its kind in U.S. history — affected a disproportionate number of Jewish individuals and organizations. Madoff, 70, is serving a 150-year prison sentence at the medium-security federal prison…
Bernard Madoff suffered a heart attack in prison. CNBC reported Wednesday that Madoff confirmed to them that he was hospitalized last month after a heart attack. The report said that Madoff, 75, is also suffering from stage four kidney disease. Madoff, a former stockbroker, is serving 150 years at a federal prison in Butner, N.C….
Here is a corollary to Marx’s great insight that history repeats itself, first as tragedy, then as farce, itself a clarification of Hegel’s sense that people and events recur: Scandal, too, will repeat itself; first as laboriously documented news, then as thinly veiled fiction. Consider the case of Bernard “Bernie” Madoff: Even the name seems…
(JTA) — Bernard Madoff. An unscrupulous contractor. Art that disappeared or was destroyed by fire – it’s not clear which. Bad, bad bookkeepers. And did we mention Bernard Madoff? These were among the causes of “material diversion” of assets – tax-speak for lost funds or property totaling $250,000 or 5 percent – reported by Jewish…
Lawyers for five former employees of Bernard Madoff said on Thursday their clients were mere puppets under the spell of what one called an enigmatic “broker-dealer rockstar” and “pathological liar.” The former staffers are on trial accused of creating false records and transactions at Bernard Madoff Securities LLC until its implosion in 2008. Investors lost…
Bernard Madoff was in a “love triangle” involving one of five former employees who are about to go on trial for helping him run his multibillion-dollar Ponzi scheme, prosecutors said. Madoff pleaded guilty in March 2009 to running a fraud of up to $65 billion at his investment firm and is serving a 150-year prison…
Trustees appointed to the bankruptcy case of kosher meatpacking plant Agriprocessors are targeting charities that were beneficiaries of donations by the company. According to the Waterloo-Cedar Falls Courier, earlier this month, trustees announced a settlement with Colel Chabad, the oldest continually running charity in Israel, which provides services for widows, orphans and immigrants, including food…
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