The Supreme Court is handing down eagerly awaited rulings on gun rights and three other remaining cases in its last meeting until the fall and the final day of Justice John Paul Stevens’ long service.
The court is meeting Monday morning just a couple of hours before high court nominee Elena Kagan goes before the Senate Judiciary [...]
A former executive for imprisoned swindler Bernard Madoff’s firm was arrested Thursday and charged with concealing the scope of its multibillion dollar fraud and using at least $750 million of investor money to support the company’s trading arm.
The executive, Daniel Bonventre, was described by investigators as the director of operations of the Madoff firm from [...]
Palm Beach billionaire and philanthropist Jeffry Picower, described as the biggest beneficiary of Bernard Madoff’s fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said.
Police were investigating the death of the 67-year-old investor as a drowning, local media reported.
Picower was pulled unconscious from the pool of [...]
Bernard Madoff was sentenced to 150 years in federal prison for masterminding the largest Ponzi scheme in history, a penalty six times longer than those meted out to the chief executives of WorldCom Inc. and Enron Corp.
Madoff appeared today before U.S. District Judge Denny Chin in New York for the first time since his March [...]
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Source: The Associated Press
A fund manager who lost more than $1 billion of his clients’ money to Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in a scandal that has left investors around the world in financial ruin.
Rene-Thierry Magon de la Villehuchet was found [...]
