34 results for:
madoff
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How to Avoid the Bernie Madoffs in Your Life
I saw Bernie Madoff in a bookstore this weekend. Okay, I didn't see the real Madoff, but what I saw on book cover after book cover, filling aisle after aisle, reminded me of him. Madoff is a scumbag, but I've recently heard the media blame the investors who trusted their money to him. ...
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Madoff Gets What He Deserves, but His Victims Are Not All Blameless
Bernard Madoff will remain a guest of the federal government, possibly for the rest of his life. He deserves his 150-year prison term, but he could not have pulled off his multibillion-dollar Ponzi scheme without a lot of help. Not from his employees and business associates or even his wife,...
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Top 10 Real Estate Stories of 2009
As we're getting ready to say goodbye to 2009, I have just two words ... good riddance! Like many Americans, hubby and I took advantage of lower prices to buy a home, but like many Realtors, my income took a dive (a shocking 40 percent off last year.) In general, for real estate, it was a lousy...
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Tax Relief for Fraud Victims
If any of your money disappeared down the rathole known as Bernie Madoff or any of the similar Ponzi operations that came to light last year, the Internal Revenue Service offers you some relief, if not much sympathy. How financial victims can get the tax breaks they deserve... If any of your...
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Madoff Mess: One Year Later
Have we learned anything from the Bernie Madoff scandal? MoneyWatch editors wonder if investors today could still fall for a Ponzi scheme.
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The Biggest Mistake Investors Make
Looking for that can?t-miss money manager who will make all your financial worries disappear? That person doesn?t exist. And perhaps the single most expensive mistake that investors make is to chase after that dream, year after year, dragging down their returns in the process. Here?s the...
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Prevent Financial Disasters
You can't stop economic downturns, but you can make smart decisions to protect yourself from financial calamity. Eric Schurenberg offers two simple tips.
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Programmers Took Hush Money to Help Madoff Swindle
Two computer programmers were charged today with creating the "sophisticated, credible and entirely phony" trading records that were critical to helping Bernard Madoff pull off his $65 billion fraud. by Kathy Kristof
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Madoff's Toys, Houses Are Gains from Another Era
Bernie Madoff's beach house in Montauk, NY, is nice enough. Four bedrooms, three baths, and 1.2 acre's worth of a lot that slopes down toward the beach. Price: $8.75 million. (That's the opening bid, though supposedly the federal government won't take a penny less than $7 million.) Looking...
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Bernie Madoff: Up Against the Wall
I have to share this with you. On Sunday, Chen Wenling, a 40-year-old Chinese artist, premiered his sculpture "What You See Might Not Be Real" at a Beijing gallery. Designed to be sum up the world financial crisis, it shows the Wall Street bull, propelled by, well, some say it's smoke (I think...
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