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Alleged Madoff fraud has worldwide exposure
The list of investors who say they were duped in one of Wall Street's biggest pyramid scams is growing, snaring some of the world's biggest banking institutions and hedge funds, the super rich and the famous, pensioners and charities.
Yankees, Bank of America end sponsorship talks
NEW YORK (AP) - The New York Yankees and Bank of America ended months of negotiations on a long-term, high-profile sponsorship agreement, part of the fallout from the financial industry's decision to accept aid from the federal government.
Madoff Citi Field seats soon could be on market
NEW YORK (AP): The prime seats that Bernard Madoff's company bought at Citi Field, the new Mets stadium, could soon be available.
Bidding for investments
Auctions involving anything other than properties and cars are rare in Malaysia.
Citi shareholders mad, but take it a little more
Five hours and dozens of angry speakers into Citigroup Inc.'s annual meeting Tuesday, a long line of shareholders still waited at the microphone for their chance to vent.
Madoff sentenced to 150yrs in prison
Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme.
One year after US$50bil Madoff fraud many questions unanswered
NEW YORK: The FBI agents who arrived at Bernard Madoff's luxury penthouse apartment on the morning of Dec. 11, 2008, found a broken man in a bathrobe who knew his time was up.hr noshade size=-1 width=50%>
NY feds: Boston businessman giving up US$625mil
NEW YORK: A 97-year-old Boston-area apparel entrepreneur agreed Tuesday to forfeit US$625 million to be distributed to cheated investors in jailed Bernard Madoff's historic Ponzi scheme, authorities revealed, as a court trustee said negotiations are under way to recover money as well from the owners of the New York Mets baseball team.
Madoff trustee: Recovery of stolen money grinds on
NEW YORK (AP) - A court-appointed trustee who's recovered US$10 billion in losses so far for Bernard Madoff's legion of victims is predicting the pot will grow in the coming months - with no thanks to the disgraced financier.
Probe into SAC Capital trades
CHICAGO: A powerful Republican lawmaker is investigating possible insider trading at SAC Capital Advisors LLP, highlighting increased public scrutiny of potential wrongdoing by hedge funds.
