Tag Madoff

Government wants Madoff in jail now

A federal prosecutor argued that cufflinks, watches, and other personal property purportedly worth $1 million had been shipped by Madoff and his wife to relatives and friends during the holiday season, and that this constituted a violation of the terms…

Junk accounting from Madoff victims

Several organizations that lost large sums of money with Madoff are now pretending their losses aren’t as bad as previously thought because profits Madoff said they made never existed in the first place. Sorry, but this is Looney Tunes accounting.…

Madoff was just the start

SEC pursuing another $1 billion Ponzi scheme Um, since the SEC totally missed Madoff, even though they had been specifically warned about him, that they’ve just found another Ponzi scheme would seem to indicate that many more such schemes are…

Tracking Madoff and Dreier

Tech blogger Robert Scoble has a great post about using FriendFeed to track news and searches. You can track blogs, ego searches, events, Twitter tags, news about your company, product or blog, or most anything really. It does this by…

Madoff asset list won’t be made public

Madoff was required to present a list of all his assets by yesterday to the SEC, who says they won’t make the list public. Their stated reason is that Madoff may have hidden money offshore, and making those accounts public…