Group Think, Duct Tape and Slam Dunks
Live Blogging the Madoff Hearing: The Victims Speak Posted by Brian Baxter AM LAW DAILY The first Madoff victim–a Mr. Nuremberg–has approached the court to speak. He begins by challenging Madoff to look him in the eye. Madoff started to turn towards Nuremberg before Judge Chin ordered Nuremberg to return to the podium. Nuremberg did […]
MoreSenator: The SEC “Letting Down the American People” ABC NEWS By BRIAN ROSS and RICHARD ESPOSITO Dec. 15, 2008— As the list of victims continues to grow and investigators examine how Bernard Madoff allegedly ran his massive scam, some are questioning how Madoff avoided detection for so long. As a registered investment advisor since 2006, […]
MoreThe 17th floor, where wealth went to vanish By Diana B. Henriques and Alex Berenson Monday, December 15, 2008 The epicenter of what may be the largest Ponzi scheme in history was the 17th floor of the Lipstick Building, an oval red-granite building rising 34 floors above Third Avenue in Midtown Manhattan. A busy stock-trading […]
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