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Madoff

The Takeaway

How Would You Sentence Madoff?

Monday, June 29, 2009

Today, Bernie Madoff will appear in a federal court in New York to receive his sentencing. How many years should he be sentenced to and how should he have to spend them? Tell us how you'd sentence Madoff.

What's your take? Leave a comment or record your story at 1-877-8-MY-TAKE.

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The Takeaway

Madoff's Victims Speak Out

Monday, June 29, 2009

Bernie Madoff could spend the rest of his life in prison after his sentencing this morning. Joining The Takeaway are two victims who were financially wiped out by Madoff: Carol Baer, the owner of Popover Café in New York City, and Cynthia Crane, a Cabaret singer.

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The Takeaway

Andy Borowitz: How Madoff Can Survive in Prison

Monday, June 29, 2009

When comedian Andy Borowitz read that Bernard Madoff’s relatives were looking for a guide to help Bernie survive life in prison, he jumped at the chance to help the disgraced billionaire. He wrote a book called “Who Moved My Soap: The CEO’s Guide to Surviving in Prison.” Borowitz joins The Takeaway with a few helpful hints for Madoff’s time on the inside.

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The Takeaway

This Week's Agenda with Marcus Mabry and Jonathan Marcus

Monday, June 29, 2009

In this week's agenda segment: U.S. troops pull out of key Iraqi towns and cities, Bernie Madoff is sentenced to prison, the Supreme Court holds its last session before break and monthly unemployment numbers are out. For analysis, The Takeaway talks to Marcus Mabry, International Business Editor of The New York Times and Jonathan Marcus, Diplomatic Correspondent for the BBC.

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The Takeaway

Madoff frontman Merkin gets hit with a lawsuit by New York State

Tuesday, April 07, 2009

At this point everyone has heard of disgraced financier Bernie Madoff, but the name J. Ezra Merkin may still be unknown. That is about to change. In a lawsuit filed Monday by New York Attorney General Andrew Cuomo, it is alleged that Mr. Merkin convinced his clients to invest with him and then funneled all their money into Madoff's scheme. Mr. Merkin's private clients lost over $2 billion in the collapse of Madoff's Ponzi scheme and most did not realize they had ever invested with him. New York Times reporter Diana Henriques is covering the story and she joins us now with the details on these new "feeder fund" lawsuits.

For more, read Diana B. Henriques' article, Cuomo Sues Over Madoff Investments in today's New York Times.

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The Takeaway

Madoff's expected guilty plea isn't enough for many victims

Wednesday, March 11, 2009

The man who committed perhaps the largest fraud in the history of Wall Street could now spend the rest of his life in prison. Bernard L. Madoff will likely plead guilty tomorrow to all the criminal charges filed against him by federal prosecutors. After nearly 20 years of running a Ponzi scheme that consumed billions of dollars of other people's money, those spurned want their day in court. The Takeaway talks to Diana Henriques, New York Times senior financial writer about the new details that have emerged in the case and what victims want.
For more, read her article Madoff Will Plead Guilty; Faces Life for Vast Swindle in the New York Times.

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The Takeaway

Who knew what and when in the Madoff fraud

Tuesday, January 06, 2009

The House Financial Services committee met yesterday to hear testimony to determine whether regulators could have caught on to Bernard Madoff’s Ponzi scheme before he bilked investors out of billions of dollars. Some say that the Securities Exchange Commission may have known what Madoff was up to long before the disgraced investor’s stunning admission of guilt. Stephen Harbeck from Security Investor Protection Corporation, who was among the witnesses who testified yesterday, joins the discussion.

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The Takeaway

What we can learn from Bernie Madoff (aside from how to illegally bilk billions)

Friday, January 02, 2009

What lessons have investors learned from Bernie Madoff? And what repercussions are still to come in the largest Ponzi scheme in history? Diana Henriques is the senior financial writer for the New York Times. She talks with John and Adaora about the state of the disgrace, the global finance markets, and how one gets away with global fraud.

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