crime
The Electronic Emptiness of Bernie Madoff
Owen Thomas · 02/20/09 02:32PM'Good Thing Madoff Robbed Jews,' Think Non-Jews
Hamilton Nolan · 02/20/09 10:59AMBernie Madoff Wasn't Very Busy
cityfile · 02/20/09 10:35AM
Whatever it is Bernie Madoff's been up to the last 13 years, we now know one thing he wasn't doing was investing his clients' cash. Irving Picard, the trustee liquidating Madoff's investment firm, said today that he's found no evidence that Madoff purchased any securities on behalf of customers in "at least 13 years." He also said that he's received 2,350 claims so far, and that a handful of subpoenas have been issued, including one to "a hair salon called Blow Styling Salon located blocks away from Mr. Madoff's Manhattan penthouse apartment." Can't wait to hear about that one! [WSJ, NYT]
Steroid Dealer from The Wrestler Arrested for Dealing Steroids
Richard Lawson · 02/20/09 09:45AMAsshole Cop Canned
Hamilton Nolan · 02/20/09 09:26AMBattered Rihanna Picture A Media Ethics Lightning Rod
Ryan Tate · 02/20/09 05:03AMRihanna Picture Emerges
Ryan Tate · 02/19/09 09:08PMMichael Phelps To Teach CEOs About 'High' Performance
Ryan Tate · 02/19/09 08:21PMG-Men Nab Mini-Madoff
Hamilton Nolan · 02/19/09 05:51PMStanford Gets Grabbed
cityfile · 02/19/09 02:58PM
Allen Stanford, the billionaire financier accused of bilking investors out of an estimated $8 billion, has been located following a nationwide search. The FBI found him in Fredericksburg, Virginia this afternoon and served him with the SEC's complaint. His lobbyist says Stanford is "very depressed," by the way; thanks for your concern. [ABC News]
Hero Shoe-Thrower's Trial Delayed
Pareene · 02/19/09 12:50PMToday's Worst Person in the World
cityfile · 02/19/09 12:08PM
Bernie Madoff has turned into the devil incarnate for stealing money from various charity groups and schools. As of today, though, he may no longer be the most evil Ponzi schemer around. Meet Marvin Cooper. The founder of a company called Billion Coupons—the name alone should have been a warning sign, no?—Cooper now stands accused of bilking deaf people by holding investment seminars at deaf community centers. And here we were thinking we'd already reached the bottom of human depravity! [NYT/Dealbook]