Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to...
Regulatory capture. That is the term the Overstock CEO Patrick Byrne uses to describe the reality that Wall Street now controls the regulatory bodies set up over the last one hundred years to regulate Wall...
This years Topps Allen & Ginter Baseball cards have already hit store shelves, minus the highly anticipated rookie card of fraudster Bernie Madoff. Yeah, that's right!! The modern day Charlies Ponzi,...
created by mr.zoltanblack | 21 wks ago | updated 20 wks ago 100 views | 1 recommendation | 0 comments
A Bigger Ponzi Scheme Than Madoff'sYesterday, Bernie Madoff was sentenced to 150 years in prison for stealing approximately $65 billion dollars from investors through a Ponzi scheme. The story in itself is uninteresting as anyone that commits fraud should be prosecuted. ...
created by r0b0r0b | 22 wks ago | updated 22 wks ago 97 views | 10 recommendations | 2 comments
Reading Fast Company magazine’s recently-released “100 Most Creative People in Business” list, I noticed some glaring omissions. Most notable among them are Bernie Madoff and Barack Obama, two...
Originally posted on MonkeyPundit.comBy now, most of us have heard the sad, sob stories of millionaires (and multimillionaires) who have lost there life savings to Bernard Madoff's Ponzi Scheme; life savings in the millions, and in some cases tens of millions. But I can't...
opinion by MonkeyPundit | 36 wks ago | updated 36 wks ago 289 views | 6 recommendations | 8 comments
David Friehling, Bernard Madoff's long-term accountant has turned himself in and been arrested and charged with securities fraud. Friehling is the first alleged accomplice to be named in connection with the world's biggest Ponzi scheme. " Friehling, 49, is not...
A new alleged investor fraud case has emerged in the US with the arrest of Nicholas Cosmo, the owner of a New York investment firm.Cosmo, founder of Agape World Inc, has been charged with defrauding 1,500 investors of more than $370 million, telling them it would be used to...
For those of you who don't know the story, one of the people who was allegedly defrauded by Madoff's giant 50 billion dollar ponzi scheme, is now writing a blog about it. It's called the 'bag lady papers'...
opinion by independent mind | 46 wks ago | updated 46 wks ago 1158 views | 41 recommendations | 7 comments
New York - Alex Gardega has concocted a fitting tribute to disgraced mogul Bernie Madoff: a fiery habanero sauce that'll definitely burn. The text on the bottle reads: "You can take the money but...
Time magazine gives space to a generously confessional Robert Chew who ruminates about his time since 6 PM December 11 2008 when his wife Sarah learned on the phone that they were wiped out by Bernard 'Ponzi2' Madoff. Mr. Chew put it to the Denver Post: "financial murder"."We...
opinion by con10t | 47 wks ago 81 views | 0 recommendations | 0 comments
The collapse of Bernard Madoff's investment group is being called "the atomic bomb in the world of Jewish Philanthropy." Since Madoff's arrest a number of Jewish charities have suffered hundreds of millions of dollars, according to a December 18 article in the Jewish...
created by polylogue | 49 wks ago 108 views | 2 recommendations | 2 comments
The Wall Street Journal has published a comprehensive list of banks, companies, non-profit organizations and individuals that are facing losses in a scheme that's rocking the financial world." The fallout from Bernard Madoff's alleged Ponzi scheme reverberated around the...
created by mike_yvr | 49 wks ago 193 views | 0 recommendations | 0 comments