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Cohmad Securities

Latest Headlines

Latest Headlines

Madoff's wife withdraws $15.5 million ahead of arrest

On the day before Bernard Madoff was arrested, his wife, Ruth, withdrew $10 million from a brokerage firm partly owned by her husband, the New York Times reports. Before that, she also made a $5.5 million withdrawal. Both withdrawals were made from Cohmad Securities, a firm co-founded by Madof

Could Madoff have done it alone?

It just seems weird that Bernie Madoff could have pulled off a $50 billion scheme for so many years, all by himself. I just can't see him toiling away, all by himself, after hours, creating all those incredibly detailed fake trading documents. To satisfy sophisticated investors for so many years,