Bernie Madoff

The papers yesterday screamed the news as the two stories broke almost simultaneously. In one plot, the internal watchdog at the Securities and Exchange Commission found that SEC regulators had bungled numerous opportunities to catch Bernie Madoff as he engineered what became a $65 billion Ponzi scheme, leaving Madoff himself to wonder how in [...]

With disgraced Ponzi schemer Bernard Madoff safely behind bars to serve his 150- year prison sentence, the business of figuring out how he pulled off one of the greatest financial swindles of all time is in full swing. The Washington Post looks at three new books out on Madoff, none of which seem to offer [...]

Public protections against fraud hang in the balance over the upcoming SEC budget battle.

Conservative data hound Matthew Vadum shows how several left-leaning groups, such as the Center for Constitutional Rights, were bilked by the just-convicted billionaire swindler. The Picower Foundation and the JEHT Foundation, in particular, were so bankrupted by Madoff’s scheme’s that they shuttered.