Topic: Bernard Madoff

Republicans question top SEC attorney on Madoff ties

WASHINGTON (Reuters) - Several key House Republicans are raising questions of ethics about the top attorney at the Securities and Exchange Commission amid allegations that his family's estate received $1.5 million in phony profits from Bernard Madoff's Ponzi scheme.In a letter to ...

The Financial Villain of the Decade

In our Financial Villain of the Decade poll, SmartMoney readers declared Bernard Madoff the hands-down winner out of a field of nine. However, the thousands of you who participated did surprise us with your write-in candidate, Rep. Barney Frank (D., Mass.): And ...
Those who think that relatively independent central banking is crucial to maintaining order in the modern world must be discouraged by the news from Washington these days.. Paul, the erstwhile Libertarian presidential candidate, is author of End the Fed. His bill would ...
Those who think that relatively independent central banking is crucial to maintaining order in the modern world must be discouraged by the news from Washington these days.. Paul, the erstwhile Libertarian presidential candidate, is author of End the Fed. His bill would ...

Congress to grill top SEC cop, Madoff whistleblower

WASHINGTON (Reuters) - Bernard Madoff's whistle-blower and the U.S. Securities and Exchange Commission's top enforcer will testify before Congress this week on how the SEC failed to uncover Madoff's $65 billion fraud, a congressional panel said on Monday.Harry Markopolos, a fraud examiner ...

Sen Schumer calls for making SEC self-funded

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission, criticized this week for failing to detect the Bernard Madoff's $65 billion Ponzi scam, needs more money and a new way of getting it, said a key lawmaker on Thursday.The SEC should be ...

Congress to probe SEC's lapse on Madoff

WASHINGTON (Reuters) - An investigative panel in the U.S. Congress will hold hearings on the failure of the U.S. Securities and Exchange Commission to follow clues that could have uncovered Bernard Madoff's $65 billion Ponzi scheme.Rep. Edolphus Towns, chairman of the House ...
There's been much talk about how philanthropies may be one of the greatest casualties of the recession. ) It's hardly just the foundations who were invested with Bernie Madoff; donors simply have fewer discretionary dollars. (And, long-term, the picture may get bleaker ...

The Markopolos Testimony

Would-be Madoff whistleblower Harry Markopolos is up before the House Financial Services Committee Wednesday to explain that As currently staffed, the SEC would have trouble finding first base at Fenway Park if seated in the Red Sox dugout and given an afternoon. ...
President-elect Barack Obama's choice to lead the U.S. Securities and Exchange Commission is likely to be roughed up at her confirmation hearing in connection with the Bernard Madoff scandal, but ultimately she is expected to be confirmed. Mary Schapiro currently oversees the ...