Bernard Madoff

Newsday's coverage

• NY appeals court puts stop to Madoff SEC lawsuit

  New York says defrauded investors cannot hold the Securities and Exchange Commission responsible for failing to expose Bernard Madoff 's Ponzi scheme.The 2nd U.S. Circuit Court of Appeals rejected the lawsuit by investors on Wednesday. It upheld a lower-court   Read more »

• Letter: Don't call it a 'Ponzi scheme'

  had hoped that Bernard Madoff 's imprisonment would eventually lead to changing the name of "Ponzi scheme" -- but here it is on the front page, no less ["$50M Ponzi scheme on LI," News, March 29].I have been to Parma, Italy, where Charles Ponzi was born. I   Read more »

• Sarah Palin addresses CPAC, compares Obama to Bernie Madoff, mocks NYC Mayor Michael Bloomberg

  services," she quipped.But Palin saved her most pointed criticism for the president, likening him to Ponzi-scheme felon Bernie Madoff. Taking a shot at the president's call for universal background checks on gun owners, she said, "Dandy idea, Mr. President   Read more »

• Report: Rye Golf Club manager used staffing firm to cheat town

  to operate the club's restaurant into their own pockets.Mayor Doug French called the findings of the investigation Rye's " Madoff moment" -- referring to disgraced Wall Street financier Bernie Madoff , who was able to pull off the largest Ponzi scheme in history   Read more »

• Schneiderman, Picard battle over Madoff settlement

  Eric T. Schneiderman announced last June that he made a settlement of $410 million with philanthropist J. Erza Merkin, one of Bernard Madoff 's biggest investors, it was seen as a boon for Merkin's investment fund customers, whose money indirectly was invested   Read more »

Around the web

• Bernie Madoff Exhibit To Be Permanent Fixture At National Museum of Crime & Punishment

  Some investors lost their life savings . Some just lost most. His former employees can't find jobs because of their connection to Madoff's empire, even those who had no idea about the scheme. This exhibit is sure to be an insightful look into the life of a 5/17/13 from The Huffington Post Read more »

• Bernie Madoff, from jail: I'm racked by remorse and 'can't sleep'

  Madoff, the former millionaire Ponzi schemer who traded his finance firm title for one in Butner Federal Correction Complex — as Inmate No. 61727-054 — now says he’s racked with guilt and can’t sleep most nights. “I’m usually up at 4:30 in the morning because 5/17/13 from Washington Times Read more »

• Ponzi king Bernie Madoff takes responsibility for sons suicide

  his bogus pyramid scheme, has said he should be blamed for the suicide of his son in 2010. Speaking exclusively with CNN Money, Madoff said that he was responsible for Mark's death and that's very, very difficult. According to the New York Daily News, Mark   from Webindia123 Read more »

• Bernie Madoff Can’t Sleep, Haunted By Son’s Suicide

  Madoff says he can’t sleep, haunted in prison by the suicide of his oldest son, Mark, and the destruction he caused to the rest of his family. Mark hanged himself on the second anniversary of his father’s arrest for running a billion-dollar Ponzi scheme. “I   from The Inquisitr Read more »

• Bernie Madoff Just Feels Like His Skill Set Isn’t Really Being Put To Good Use In Current Gig

  Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor. “I used to work as a clerk in the commissary, and now they have me taking care of the telephone and the computer systems,” said Madoff, speaking by phone from a federal   from DealBreaker Read more »