bernie-madoff

Hamilton Nolan · 03/24/14 03:35PM

Five former aides to Bernie Madoff have been convicted of participating in his $17.5 billion Ponzi scheme. In their defense, he was a great boss.

Hamilton Nolan · 11/08/13 01:01PM

"A former JPMorgan Chase banker who managed Bernard Madoff's account said the con man was on track to receive a $200 million loan less than a month before his arrest." Whoops.

Hamilton Nolan · 10/25/13 03:48PM

Federal prosecutors are reportedly seeking a guilty plea on "at least a single criminal charge" from JPMorgan in relation to allegations that the bank purposely turned a blind eye to Bernie Madoff's Ponzi scheme.

Bernie Madoff Was a Great Boss

Hamilton Nolan · 10/22/13 04:00PM

You heard of this fella, Bernie Madoff? Runs some sort of money management place in Midtown. Great guy to work for. The best. If you're job-hunting, that is absolutely the man you wanna work for.

Mark Madoff's Widow Opens Up About Her Aversion to Dog Leashes

Seth Abramovitch · 11/20/11 10:32PM

Stephanie Madoff Mack, widow of Bernie Madoff's son Mark, has written a book — The End of Normal: A Wife's Anguish, A Widow's New Life — about losing a husband to suicide after he played a central and implicit role in the biggest financial fraud in history. (First sentence: "Every night before going to sleep, I put a fresh towel down on my side of the bed, knowing it will be drenched with perspiration by the time I bolt awake, precisely and without fail, at 3:51 in the morning." Imagine the audiobook, voiced by the author, lulling you to sleep!)

The Madoffs Failed to Commit Suicide, Unfortunately

John Cook · 10/26/11 05:08PM

Bernard Madoff's wife Ruth has told 60 Minutes, in the only interview she's ever given since her life unraveled, that she and Bernie tried to kill themselves on Christmas Eve 2008.

Tower Heist: Getting Revenge on Bernie Madoff

Richard Lawson · 07/28/11 01:19PM

Here's a trailer for Tower Heist, the star-studded Brett Ratner (shudder) comedy about a bunch of apartment building employees who decide to rob the place's swindling, Bernie Madoff-esque richest tenant. Timely!

Bernie Madoff Loves Danielle Steel

Max Read · 04/09/11 04:20PM

Convicted Ponzi schemer Bernie Madoff has a lot of time to kill in jail. So what does he do? Well, for one thing, give jailhouse interviews—such as this most recent one to the Financial Times—where he can rail about the banks he believes (more or less accurately, in our estimation) were complicit in his scheme. But also: Keep up with his mail (of which he gets "lots," all from "well-wishers"); work at the prison commissary ("10 a.m. to 7 p.m., four days a week"); and, apparently, work on "ethics courses," for which he's been solicited by "several business schools," including Harvard and Northwestern. Oh, and also, read:

Madoff Calls Banks 'Complicit' in Ponzi Scheme

Max Read · 02/16/11 02:46AM

The New York Times interviewed a "noticeably" thinner Bernie Madoff in prison and, wouldn't you know it, he said that "unidentified banks and hedge funds were somehow 'complicit' in his elaborate fraud," and also this: