I’m no hedge fund manager, but this much I know: If someone handling my clients’ wealth coaches me on what to say to federal agents, I’m going to suspect the guy is doing something wrong. Bernard Madoff in 2005 instructed ...

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Federal prosecutors released e-mails and letters from victims of the $65 billion Ponzi scheme perpetrated by New York money manager Bernard Madoff in which some place the blame for the fraud on federal regulators. Among those was Richard Shapiro, of ...

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However satisfying the click of handcuffs snapping onto Bernard Madoff’s wrists and the knowledge that he’ll never again be free, his guilty plea marked only a beginning. The thousands of investors who lost billions of dollars to his Ponzi scheme ...

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Bernard Madoff, who pleaded guilty Thursday to masterminding the largest Ponzi scheme in history, may have to fight off prison inmates who want to squeeze him for money or blame him for the Wall Street crash. “Madoff isn’t going to ...

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Bernard Madoff will plead guilty on Thursday to fraud charges related to the largest Ponzi scheme in U.S. history, his lawyer Ira Sorkin said in a court hearing. Madoff, 70, will admit that he directed the fraud, his lawyer said. ...

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Like plenty of financial players, hedge funds are taking a beating. Many once-high-flying managers have been swamped by losses. Others have abandoned the business after discovering it wasn’t such an easy path to riches. Even some of the biggest firms ...

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Bernard Madoff, who is accused of defrauding investors of $50 billion, will appear in Manhattan federal court today so a judge can find out whether he will waive his lawyer’s possible conflict of interest. U.S. District Judge Leonard Sand is ...

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The securities laws may be your worst enemy if you lost money in the Madoff scam. Investors are suing the feeder funds that channeled their money to Bernard Madoff, charging the feeders with fraud, negligence or breach of fiduciary duty. ...

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U.S. Bankruptcy Judge James Peck in Manhattan, who is overseeing the liquidation of collapsed securities firm Lehman Brothers, was charged with attempted assault for allegedly slapping his wife. Peck, 63, was arrested Jan. 31 for third-degree attempted assault and second-degree ...

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It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law. How else to explain his returns? They pressed for answers, ...

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Mary Schapiro, seeking to win Senate confirmation to be chairman of the Securities and Exchange Commission, said she will “reinvigorate” an enforcement unit that has drawn fire from lawmakers for missing Bernard Madoff’s alleged $50 billion Ponzi scheme. “I will ...

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