The wife of disgraced money manager Bernard Madoff withdrew more than $15 million from a firm co-owned by her husband — including $10 million on the day before his arrest on charges he ran a $50 billion Ponzi scheme, the top security regulator in Massachusetts said Wednesday. ...more

February 11, 2009

Obama Caps Executive Pay Tied To Bailout Money WASHINGTON (AP) - President Barack Obama on Wednesday imposed a $500,000 cap on senior executive pay for the most distressed financial institutions receiving taxpayer bailout money and promised new steps to end a system of "executives being rewarded for failure." ...more

February 8, 2009

Joel Toro of Tampa thought he was set for life. Then the phone rang last month. ...more

February 6, 2009

Americans have been taught that crime does not pay. ...more

February 6, 2009

House lawmakers on Wednesday accused the Securities and Exchange Commission of impeding their probe into the agency's failure to uncover the alleged $50 billion Bernard Madoff fraud. ...more

February 4, 2009

Disgraced financier Bernard Madoff's Palm Beach home underwent some redecorating over the weekend - in toilet paper. ...more

January 26, 2009

A lawyer for Zsa Zsa Gabor says the 91-year-old actress may have lost as much as $10 million invested with accused swindler Bernard Madoff. ...more

January 26, 2009

Here's hoping the big audit firms get busy living and start sounding alarms at banks that are dying. ...more

January 17, 2009

Investors in a Sarasota-based hedge fund could be out $350 million, and the man behind it has vanished. Managers of the fund are telling clients that their money is gone, and they do not know if any will be recovered. ...more

January 16, 2009

While the worldwide economy may be shaky, some businesses in Sun City Center have decided to press on. Take owners Carla Miles and her husband, Richard Schaffer, who have not let it keep them from their charity, business and leisure pursuits. ...more

January 7, 2009