Tag:
Bernard Madoff
Latest Headlines
Latest Headlines
MF Global is gravy train for lawyers
These are tough times for employees at financial services firms, as layoffs are expected, probably sooner rather than later.
But these tough times, which feel like a double dip at least, is good news for lawyers--bankruptcy specialists, defense attorneys, plaintiffs' attorneys, regulatory spec
Rajaratnam finds ways to stay in the news
Raj Rajaratnam has kept his name in the headlines since he was found guilty of insider trading and sentenced to 11 years of hard time.
He will not be serving his sentence with Bernard Madoff after all. Perhaps not a single federal prison is large enough for the both men. Rajaratnam, as first r
Judge nixes Madoff trustee suit against JPMorgan
Are we seeing a step-up in the backlash against Irving Picard, the court-appointed trustee for the Bernard Madoff estate? A judge has dealt him a major loss in his efforts to recover funds on behalf of the estate, restricting his ability to pursue massive legal claims against JPMorgan Chase and UB
Raj Rajaratnam could serve with Bernard Madoff
Raj Rajaratnam's legal team has requested that he serve his 11 years at the Butner, North Carolina federal prison facility, where none other than Bernard Madoff is serving.
The North Carolina complex, about 30 miles north of Raleigh, in some ways is the ideal prison for those with health probl
Thursday: The Rajaratnam trial's final hour
Thursday is the big day for insider trading criminal mastermind Raj Rajaratnam, the biggest fish convicted in the ongoing insider trading crack down.
He could well represent the high water mark for prosecutors, though some big targets remain. So there is every reason for the prosecution to wan
Raj Rajaratnam: White collar sentencing test
Does the ghost of Sarbanes-Oxley live when it comes to sentencing white collar criminals?
Some of the big-name CEOs who were tried and convicted in the wake of the Enron collapse received some gargantuan prison terms. Jeff Skilling started a 24-year prison term in 2006. Bernard Ebbers, of
All eyes on the Raj Rajaratnam sentencing
The upcoming sentencing of Raj Rajaratnam, the convicted insider trading mastermind, has spawned a lot of debate about the seriousness of insider trading.
Some are convinced that it is essentially a victimless crime and that Rajaratnam thus deserves a light sentence. Others agree with prosecut
Madoff working with Harvard after all
Bernard Madoff has been bragging from prison that he's been working with Harvard Business School to put together a course on entrepreneurship, a claim that some immediately took as another lie. When Harvard put out a seemingly definitive denial, most were willing to believe that old Ponzi Schemer
Bernard Madoff affair still making news
It's hard to believe that Bernard Madoff pleaded guilty to running a massive Ponzi scheme way back in 2009. It seems like just yesterday, in part because even from his North Carolina prison where he is serving a 150 year term, the great Ponzi schemer is still making news, as is Irving Picard, the
Madoff trustee wins a big court battle
For the victims of the massive Bernard Madoff ponzi scheme--and there are many who claim this status--justice has been hard to come by.
Many of the self-claimed victims felt victimized again by the tactics of the trustee appointed to wind it all down, the controversial Irving Picard, who rocke
