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…
Judge Who Faces Impeachment Took Cash, Gifts From Lawyers With Pending Cases
Sept. 17: This post has been updated.
As Hurricane Ike barreled down on south Texas and revelations came to light about sex, cocaine and … more…
After Client Complaints, Accused Brokers Found Work on Wall Street
After clients of Credit Suisse brokers Eric Butler and Julian Tzolov complained that the two brokers had lied to them about where their … more…
U.S. Targets Overseas Bribery; KBR Exec’s Plea Widens Probe
HOUSTON -- In the world of Big Oil, Albert "Jack" Stanley was legendary for winning billion-dollar contracts in third world countries, … more…
DoJ: Credit Suisse Brokers Lied About Subprime Securities
Here's another tale from the subprime meltdown. You may have heard about the so-called liar loans given to borrowers. Here's an example … more…
KBR Exec’s Plea Is Sign of U.S. Crackdown on Overseas Bribery
Last week, Albert "Jack" Stanley, the former head of KBR when it was a subsidiary to Halliburton, pleaded guilty to bribing Nigerian … more…
Questions Linger in Ivins Anthrax Investigation
Attention has largely faded from Bruce Ivins and the anthrax investigation. But that doesn't mean the case is closed. In fact, according … more…
‘Troopergate’: Palin’s Lawyers Continue to Undermine Investigation
Yesterday, we detailed how Gov. Sarah Palin's lawyers have been trying to slow-roll the Alaska legislature's probe of "Troopergate." … more…
Abramoff Gets 4 Years in Prison
A federal judge sentenced Jack Abramoff to four years in prison today for corrupting lawmakers and their staff, swindling Indian tribes … more…
Report: Kilpatrick to Step Down, Plead Guilty, Serve 4 Months
The Detroit Free Press is reporting that Mayor Kwame Kilpatrick has struck a plea deal with prosecutors and will step down.
What's not … more…
Kilpatrick Hearing Gets Under Way
Gov. Jennifer Granholm (D) revved up public hearings on Kwame Kilpatrick's fate this morning. First up was a law expert to testify about … 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