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Latest Headlines

An inside look at Madoff's Florida estate

Recall that U.S. marshals took control of Bernard Madoff's $9.2 billion mansion in Palm Beach. According to the Palm Beach Post , this is what they found: A lot of bull. "Pictures of bulls, bull statues, even bulls on clothing. There's a lot of bull in the house," one marshal told the paper. Ev

How bad is it for hedge fund moguls?

Life is not good for losing hedge fund managers. One of the poster boys is John Devaney, whose United Capital Markets spectacularly blew up, forcing him to sell his yacht and other possessions. He was booed off stage at a recent event, according to the New York Post . Article Related