Tag Madoff

Ponzi cases proliferate

Talking Points Memo helps us stay updated on the gaggle of mini-Madoff’s who have been getting indicted lately, as does the Wall Street Journal. It’s getting so you need a database to keep track of them. Y’know, I’ve made snide…

The Madoff web of corruption

More from the Arnaud de Borchgrave article on Madoff Harry Markopoulos filed a report (PDF) with the SEC in 2005 that accurately claimed that Madoff was running the biggest Ponzi scheme in history. He specifically asked his name not be…

SEC continually ignored Madoff whistle blowers

SEC defends actions amid Madoff scandal but SEC ignored letters outlining Madoff’s fraud Today, de Borchgrave has an interesting piece in the Washington Times further outlining the regulatory incompetence and negligence in the Madoff case when other whistle blowers were…

Madoff, greed, and rumors of front running

Reader Joe Hartley comments on our post asking why did so many people put all their money with Madoff. An old Midwestern saying: pigs get fat, but hogs get slaughtered. Too much hoggish behavior of late. I also fail to…