David P. Barash argues that our addiction to economic growth is a Madoff/Ponzi scheme.
posted by mareli on Sep 1, 2009 - 75 comments

“One of the traditional notions of punishment is that an offender should be punished in proportion to his blameworthiness. Here, the message must be sent that Mr. Madoff’s crimes were extraordinarily evil.”

The 71-year-old man behind the biggest Wall Street fraud in history is sentenced to a maximum of 150 years in prison. [more inside]
posted by up in the old hotel on Jun 29, 2009 - 158 comments

Bernie Madoff's being sentenced June 29th. 113 of his victims have submitted impact statements. Here they are.
posted by davebush on Jun 15, 2009 - 40 comments

More brazen than Madoff? Former NYC hotshot attorney Marc Dreier (he of the now-defunct vanity firm), was arrested in Canada in late 2008, charged with spearheading an occasionally daring series of frauds. [more inside]
posted by Inspector.Gadget on Apr 5, 2009 - 16 comments

The US Attorney's office has submitted email correspondence between Bernie Madoff and his victims, some of whom are more deserving than others. Via
posted by East Manitoba Regional Junior Kabaddi Champion '94 on Mar 23, 2009 - 60 comments

A Medical Madoff: Anesthesiologist Faked Data in 21 Studies. "A pioneering anesthesiologist has been implicated in a massive research fraud that has altered the way millions of patients are treated for pain during and after orthopedic surgeries."
posted by homunculus on Mar 12, 2009 - 46 comments

Another massive Ponzi scheme uncovered. Meet Sir Allen Stanford and his bank. Sir Allen stands accused of running an $8 billion fraud. Read the SEC filings here.
posted by up in the old hotel on Feb 17, 2009 - 74 comments

Art Museum for sale. Rocked by a budget crisis, Brandeis University will close its Rose Art Museum and sell off a 6,000-object collection that includes work by such contemporary masters as Roy Lichtenstein, Andy Warhol, and Nam June Paik. The LA Times makes the Madoff connection.
posted by R. Mutt on Jan 26, 2009 - 29 comments

Wall Street legend Bernard Madoff arrested over '$50 billion Ponzi scheme'. His company's website has a court announcement on the front page, but you can still find the old promises inside.
posted by 445supermag on Dec 12, 2008 - 85 comments