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11 Feb 2009 21:30

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Biz: Bernard Madoff’s wife: Cashing out when it’s crashing down?

  • $15 million was taken out before her hubby was arrested source

07 Feb 2009 09:17

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Biz, U.S.: Bernard Madoff didn’t just screw over the super-wealthy

  • We don’t have any cash reserves now. And we still owe money on our houses.
  • Ian Thiermann • A 90-year-old California man who lost his $750,000 life savings in Madoff’s scheme and now works in a grocery store to make ends meet. Yeah, that’s right, he’s 90 and works in a grocery store. • 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