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Bernie Madoff stories:
Madoff auction raises $1m
Nov 15th, 2009 - BBC NEWS
Items belonging to the disgraced financier, Bernard Madoff, have fetched around $1m at an auction in New York, twice as much as had been hoped for. The belongings included several gold watches...
FBI: Investments With Rothstein Could Top $1B
Nov 12th, 2009 - Wall Street Journal
We're not yet at Bernie Madoff levels, but the allegations getting lodged against Miami lawyer Scott Rothstein seem to get bigger and bigger with each passing day.
The...Bernie Madoff's longtime accountant, David Friehling, plead guilty
Nov 3rd, 2009 - NY Daily News
Bernard Madoff's bean counter pleaded guilty Tuesday today to approving the swindler's financial statements for years, but claimed to be clueless about the $65 billion Ponzi scheme.
Palm Beach billionaire Jeffry Picower, beneficiary of Madoff's Ponzi scam, died of heart attack
Oct 27th, 2009 - NY Daily News
The philanthropist who reportedly made $7 billion from Bernie Madoff's Ponzi scheme died of a heart attack while swimming, a Florida coroner ruled Monday. Jeffry Picower...
Madoff Billionaire Found Dead in Palm Beach Swimming Pool
Oct 26th, 2009 - ABC News
The man who made $7 billion in the Bernie Madoff Ponzi scheme, Jeffry Picower, was found dead in his Palm Beach, Fla., swimming pool Sunday. The Palm Beach Fire Department...
Bernie Madoff videos from YouTube:
6:25Bernard Madoff $50bn Ponzi Scheme - How Did He Do It?
The whole Madoff story explained clearly. How Bernard Madoff stole 50 billion dollars from investors around the world in the biggest ever Ponzi Scheme. Info put together from several news sources across the internet.
1:19Sesame Street Explains the Madoff Scandal
Jimmy Kimmel Live - Sesame Street explains the Madoff Scandal
33:58Bernie Madoff on the modern stock market
Bernard Madoff, former NASDAQ chaiman now implicated in a $50 billion Ponzi scheme, at a 2007 roundtable discussion with Justin Fox, Ailsa Roell, Robert A. Schwartz, Muriel Seibert, and Josh Stampfli. These are some excerpts featuring Madoff, recently implicated in a $50 billion Ponzi scheme ...
3:38Roundtable Discussion With Bernard Madoff
October 20, 2007
Bernie Madoff from WikiPedia:
Bernard Lawrence "Bernie" Madoff (pronounced /?me?d?f/; born April 29, 1938) is an American convict, who was a financier, and Chairman of the NASDAQ stock exchange. He is the admitted operator of the Ponzi scheme that might be "the largest investment fraud in Wall Street history".
In March 2009, Madoff pled guilty to 11 felonies and admitted to turning his wealth management business into a massive Ponzi scheme that defrauded thousands of investors of billions of dollars. Madoff said he began the Ponzi scheme in the early 1990s. However, federal investigators believe the fraud began as early as the 1980s, and the investment operation may never have been legitimate. The amount missing from client accounts, including fabricated gains, was almost $65 billion. The court appointed trustee estimated actual losses to investors of $18 billion. On June 29, 2009, he was sentenced to 150 years in prison, the maximum allowed.
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