Hints and tips:
...It suffered heavy hits in 2008 from the collapse of US bank Lehman Brothers and from its exposure to the Bernard Madoff Ponzi scheme, but finally paid back all its bailout-related debt to the state in 2015...
...Meanwhile, its founder rubbed shoulders with some of the world’s most influential financiers, politicians, and celebrities — from Goldman Sachs chief executive David Solomon to former US president Bill Clinton...
...Anderson, who considers as his mentor Harry Markopolos, the investigator known for sounding the alarm on Bernard Madoff’s Ponzi scheme, founded the business six years ago....
...Ira Sorkin, who served as Bernard Madoff’s lead criminal defence lawyer, has been hired to represent Aurelien Michel — the 24-year-old Frenchman charged in the US with defrauding buyers of his “Mutant Ape...
...It tells the story of, among other things, a Madoff-style fraud. However you spend it, have a wonderful weekend....
...“It was as if Bernie Madoff had been told to pay a small fine and stop ripping off New Yorkers, but to go ahead and have fun with the Palm Beach crowd,” Einhorn observed....
...Even heavyweights such as Jim Chanos and David Einhorn have struggled in a market that has headed relentlessly upwards; others, including Bill Ackman, have stopped betting against companies altogether....
...(FT) Crypto con artists The crypto market is overrun with sophisticated scams that make yesteryear’s Madoff-style Ponzi schemes look like child’s play....
...The legend goes that Bernard Madoff — yes, the guy who, separately, ran a huge Ponzi scheme — pioneered the practice. The difference is that retail brokers have to disclose it....
...Josh Harris of Apollo Global Management and David Blitzer of Blackstone have held discussions with the Wilpon family, owners of the Mets, according to the people....
...The Wilpons took a stake in the team in 1980 and became majority owners in 2002, but their finances and reputation took a hit after they invested with asset manager Bernard Madoff, whose fund was later revealed...
...Talks to sell a large portion of the club to hedge fund manager David Einhorn ended without a deal in 2011....
...In early 2016 billionaire scientist David Harding opened a San Francisco office for his booming London hedge fund Winton Group....
...In a letter to Esma seen by FTfm, LFP I director David Mapley said the CSSF’s “marketing mission to promote Luxembourg as a financial centre” had undermined its responsibility to protect investors....
...Other hedge fund managers owning large stakes in sports teams include David Tepper, the founder of Appaloosa Management, who bought the Carolina Panthers American football team last year for about $2.2bn...
...But the Mets ran into some financial trouble because of investments by Wilpon and Saul Katz, his business partner and brother-in-law, with Bernard Madoff....
...David Doyle, EY’s senior European financial regulatory adviser, says: “With the departure of a prominent centre of funds from the EU, the question has arisen of should EU legislators and regulators review...
...Everyone from Jim Ratcliffe, Britain’s richest man, to hedge fund mogul David Tepper dabble in sport....
...He spoke out on behalf of the investors who lost out in the failure of MF Global, the broker-dealer, and schemes of Bernard Madoff....
...This worthy British charity, with its establishment cast of supporters including prime minister David Cameron, collapsed in 2015....
...– Harry Markopolos – who exposed Madoff – has (allegedly) uncovered a new fraud....
...Finra, after all, was supposed to be overseeing the Bernard Madoff empire of fraud....
...– Warren hitting her stride: “Do you get the feeling that if Bernie Madoff weren’t in prison, that he’d be in charge of the SEC?”...
...After Joseph Stiglitz, the Nobel prize winning economist, said on Bloomberg that bitcoin should be outlawed because it served no useful purpose, he provoked the following response from David Mondrus, who...
...The whistleblower concept, established by the Dodd-Frank act amid concerns that the SEC had mishandled a tip on Bernard Madoff’s Ponzi scheme, is spreading....
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