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Bernard Madoff could soon find himself in a courtroom with some of the same devastated investors who he is accused of ripping off in one of the biggest financial frauds in history. ...more
March 7, 2009
Bernard Madoff has taken steps that suggest he could plead guilty as early as next week to charges that he carried out one of the biggest financial frauds in history, lawyers said Friday. ...more
March 7, 2009
For years, there were red flags - so many they could have massed into a crimson blanket. ...more
March 1, 2009
R. ALLEN STANFORD Age: 58 His Wealth: $2.2 billion, according to Forbes magazine ...more
March 1, 2009
The owners of an investment firm that managed hundreds of millions of dollars for universities and charities were arrested Wednesday by the FBI in the latest white-collar scandal to rock Wall Street. ...more
February 26, 2009
As the nation grapples with an economic meltdown worse than any since the Great Depression, we simultaneously search for short-term remedies to relieve the crisis and long-term solutions to prevent a recurrence. While we focus on restoring reasonable oversight and sound business practices, too often we fail to recognize an underlying cause, an epidemic caused by the media-saturated cultural drumbeat of "more, fast, easy and fun." ...more
February 22, 2009
Investors wiped out by the Bernard Madoff scandal got more bad news Friday: Investigators have confirmed suspicions that the monthly statements showing the disgraced financier was making stock trades for the investors were pure fiction. ...more
February 21, 2009
The trustee in charge of untangling the mess brought on by the Bernard Madoff scandal told investors Friday there was no indication the disgraced money manager bought securities for his clients. ...more
February 20, 2009
Mad at disgraced investor Bernard Madoff? There's a toy just for you. One of the vendors at this week's Toy Fair is offering the "Smash-Me Bernie," a $99.95 Madoff lookalike doll that wears a devil-red suit and carries a pitchfork. It comes with its own hammer — so you can pulverize it. ...more
February 16, 2009
Joffrey's Coffee Now At Publix Publix Super Markets has begun stocking six types of coffee from Tampa-based Joffrey's Coffee & Tea Co. in all of its stores. Joffrey's secured a deal to stock two types of traditional coffee and four flavors in more than 900 Publix stores across the South. The company already supplies coffee to Sweetbay Supermarket stores in Florida. The new Publix deal will account for about 20 percent of Joffrey's' business, said company president and Chief Executive Officer Ted Abrams. ...more
February 12, 2009
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