Why Didn’t Madoff Get the Slammer in the First Place?
Earlier this week, federal prosecutors filed a brief (PDF) arguing that Bernard Madoff should be thrown in jail and have his $10 million bail revoked. The move came after the disgraced financier allegedly mailed a million dollars in jewelry to friends and family, in violation of the terms of his bail. He has been under 24-hour house arrest, in his $7 million Manhattan apartment, since the middle of December.
How did the man accused of the biggest Ponzi scheme in history, with untold access to money and influence, get house arrest … more…
Got Questions About Blago’s (Alleged!) Bribes?
Wow, what a week for Chicago politics! All week we’ve been covering the life and times of Illinois’ most powerful arrestee: Gov. Rod … more…
Losses Unknown From Madoff’s ‘One Big Lie’
Bernard Madoff, a Wall Street kingpin who’d once been the chairman of the Nasdaq Stock Market, was arrested yesterday. The reason, as he … more…
Jackson Jr.’s Supporters Were Raising Money for Blagojevich
U.S. Rep. Jesse Jackson Jr.‘s attempts to distance himself from Illinois Gov. Rod Blagojevich just got a lot harder.
As you probably … more…
Blagojevich Lawyer Serves on State Board
Sheldon Sorosky, who is representing Illinois Gov. Rod Blagojevich in his federal corruption case, also currently serves as the chairman … more…
Jackson ‘5’?
Rep. Jesse Jackson Jr.‘s lawyer, James Montgomery Sr., said today he thinks the Chicago congressman is “Senate Candidate 5” cited in … more…
Who Is ‘Senate Candidate 5’?
The FBI’s arrest today of Illinois Gov. Rod Blagojevich has brought a new figure into our political lexicon: “Senate Candidate 5.”
The … more…
Blagojevich, Bribes and More!
Illinois Gov. Rod Blagojevich had the sole power to replace Barack Obama’s seat in the Senate. That’s unlikely to be the case for long, … more…
Key Figure in Cunningham Scandal Points to Other Lawmakers—With Little Evidence
Mitchell Wade, who pleaded guilty three years ago to providing $1.8 million in outright bribes to then-congressman (and now felon) Randy … more…
AG Nominee Faces Questions Over Pardon of Fugitive
When Eric Holder appears before Congress next year, seeking confirmation as attorney general, lingering ghosts from his role in the Marc … more…
I Beg Your Pardon: Thanksgiving Comes Early
Last week, we riffed on the possibility of presidential pardons as the Bush administration winds down.
Since then, President Bush … more…
January 08, 2009
Madoff Con Hits Boston Institutions Hardest Tom Moroney, John Lauerman and Brian K. Sullivan, Bloomberg, January 08, 2009
British Regulator Starts Madoff Investigation Matthew Saltmarsh, New York Times, January 08, 2009
SEC Reopens Insider-Trading Probe at Pequot Kara Scannell, Wall Street Journal, January 08, 2009
AGs urge Congress to Let Bankruptcy Judges Modify Mortgages Chris Rizo, Legal Newsline, January 08, 2009
Ex-Sen. Larry Craig Drops Further Appeals AP, January 08, 2009
January 07, 2009
Federal Judge Indicted on Additional Sex Charges Juan A. Lozano, AP, January 07, 2009
Madoff Took in Millions Days Before Arrest Robert Frank and Amir Efrati, Wall Street Journal, January 07, 2009
Former Blackwater Guards Plead Not Guilty Del Quentin Wilber, Washington Post, January 07, 2009
Court Filing Details Items Madoff Sent Jack Healy and Alex Berenson, New York Times, January 07, 2009
January 06, 2009
Baltimore Hit by Madoff Julie Bykowicz, Baltimore Sun, January 06, 2009