"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
That amount is the entire amount the trustee asked for in the lawsuit and is also that entire amount that Picower withdrew. In another settlement, the family of Carl Shapiro settled for $650 million. So, if these were ill-gotten gains,…
The trustee seeks $6.4 billion in damages. Seeing JP Morgan CEO Jamie Dimon do a perp walk would be an added bonus. But let’s not forget that Obama and Dimon are buddies from way back in the Chicago days when…
(Meant to post this earlier. It’s a little old) Madoff sons assets frozen. What took so long? 7 charged in Galleon insider trading case agree to assist investigators. Rajaratnam must be getting a teensy bit nervous by now Settlements reached…
Picower was being sued by the Madoff trustee because he should have known the returns he was getting, sometimes 950%, were obviously phony. From the comments at Clusterstock, a financial blog that tilts to the right politically, hardly a hot…
The sculpture “What You see Might Not Be Real,” by Chen Wenling, was displayed at a Beijing gallery Sunday. A bull, meant to represent Wall Street, is seen ramming the biggest con man of all time, Bernie Madoff, into a…