Headline
NEW YORK – Historic swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and …
Read More..Former New York hedge-fund manager Mr Steinhardt told Bloomberg that he lost about $2m investing with financier Ezra Merkin, who funnelled clients’ money to Mr Madoff. Ezra Merkin’s Ascot hedge fund, lost its entire $1.8bn …
Read More..MADRID — Spain’s Banco Santander, the euro zone’s largest bank by market capitalization, said it has a total exposure of 2.33 billion euros ($3.1 billion) in the alleged investment fraud by American investor Bernard Madoff.
Read More..NEW YORK — A fund manager who lost more than $1 billion of his clients’ money to Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in …
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