Home »Sections

Headline

Bernard Madoff gets maximum 150 years in prison
Monday, 29 Jun, 2009 – 18:44 | Comments Off
Bernard Madoff gets maximum 150 years in prison

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..
Hollywood star Bacon joins growing list of Madoff victims
Saturday, 3 Jan, 2009 – 9:07 | 2 Comments
Hollywood star Bacon joins growing list of Madoff victims

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..
Banco Santander
Friday, 2 Jan, 2009 – 3:30 | Comments Off
Banco Santander

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..
Investor who lost big to Madoff kills himself
Wednesday, 31 Dec, 2008 – 1:16 | One Comment
Investor who lost big to Madoff kills himself

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 …


Read More..