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13 Mar 2009 13:17

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Biz, World: Hey, Mexican drug lords are billionaires, too, OK?

  • 701 Joaquin Guzman’s place on the Forbes billionaires list source

10 Mar 2009 21:33

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Biz: What was Bernie Madoff trying to do when he stole all that money?

  • There’s a good question to ask. Dude stole $50 billion in a fraudulent ponzi scheme and apparently hired people to make fake accounting documents for some stupid reason. As Madoff faces up to 150 years in jail on 11 federal charges, which he’ll likely plead guilty to on Thursday, his investors hope that the guy finally explains what his motive was. source

28 Feb 2009 10:21

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Biz: Elie Wiesel: Not a big Bernard Madoff fan

  • ‘Sociopath,’ ‘psychopath,’ it means there is a sickness, a pathology. This man knew what he was doing. I would simply call him thief, scoundrel, criminal.
  • Elie Wiesel • Talking about Bernard Madoff, who made off with $15 million from Wiesel’s charity organization as part of the $50 billion he stole from investors. Wiesel, a Holocaust survivor and Nobel Prize-winning writer, says Madoff should be held in solitary confinement with pictures of his victims constantly showing on a screen. • source

05 Feb 2009 10:50

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Biz, Culture: Kevin Bacon: Great actor, one of Bernard Madoff’s victims?

  • Six degrees of separation wasn’t enough. Bacon is just one of the famous names that shows up on a 162-page document listing those who lost money in Bernard Madoff’s investment scheme. Madoff, currently being held under house arrest in New York City after losing more than $50 billion in investor’s money, is accused of masterminding the biggest financial fraud in history. source

12 Jan 2009 17:21

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Biz: Bernard Madoff gets to live the lavish life some more

  • $10 million The amount of Madoff’s bail. He remains free on bond. A judge declined a request to revoke bail source