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One day until January 14 webcast: Madoff Litigation — Can the Lost Billions be Recovered? How? Sign up here: http://is.gd/fHFx #
It may feel like the Bernard Madoff case has been with us for years, but it was only Dec. 11, 2008, when news broke that the supposed Wall Street titan and former chairman of Nasdaq had been arrested for running a Ponzi scheme of unimaginable size. In this article we offer a 360-degree view of the implications so far, and the thousand ships the case has already launched.
This video from Comedy Central has the hard-hitting fake news and analysis you’d expect from Stephen Colbert, as he takes on the Madoff Ponzi scheme. The Colbert ReportMon – Thurs 11:30pm / 10:30c Ponzi Schemes Colbert at Christmas Colbert Christmas DVD Green Screen Bill O’Reilly Interview (via Infectious Greed)
Signs emerged yesterday that Bernard Madoff’s counsel is actively negotiating a plea agreement that could end the prosecution against him without a trial. The NY Times reports that prosecutors acknowledged in a court order released Monday that Madoff’s lawyer, Ira Lee Sorkin, is “engaging in discussions concerning a possible disposition of this case.” Former prosecutors […]
Vadlamani Srinivas, Satyam’s former CFO, has now reportedly stated that he had been left out of conversations between the company and its auditor, PwC regarding nearly $1 billion in fixed deposits on Satyam’s books, which turned out not to exist. The statement was leaked to the press and reported yesterday by the Times Online. Srinivas […]
Spanish prosecutors are investigating Banco Santander SA’s loss of €2.3 billion ($3.1 billion) for clients by investing with Bernard Madoff. Prosecutors are specifically looking into the details of Santander’s relationship with Madoff’s firm and when Santander knew about problems related to it, the WSJ reports today. Santander was among the most active of the Madoff […]
There is just one day left to sign up for our next webcast: “Madoff Litigation: Can the Lost Billions be Recovered? How?” The webcast is sponsored by NERA Economic Consulting and can be seen live Wednesday, January 14, 2009 at 2:00 pm EST. An archived version will also be available immediately following the webcast. The […]