Bernard Madoff

Bernie Madoff Jumped in Butner Prison? ABC News “Exclusive”?

ABC news reported, via their WTVD affiliate in North Carolina that 71-year-old Bernie Madoff may have been assaulted in prison, where he began a 150 year sentence in July. The report said he was discharged from Duke University Hospital two days ago after being treated for facial fractures, broken ribs and a collapsed lung. Officials

Bernie Madoff Jumped in Butner Prison? ABC News “Exclusive”?

ABC news reported, via their WTVD affiliate in North Carolina that 71-year-old Bernie Madoff may have been assaulted in prison, where he began a 150 year sentence in July. The report said he was discharged from Duke University Hospital two days ago after being treated for facial fractures, broken ribs and a collapsed lung. Officials

Max 150 Year Sentence For Madoff

Madoff gets maximum 150 years in prison for his career-long money management ponzi scheme. Scattered applause and whoops broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he lives “in a tormented state now, knowing all the pain and suffering I’ve

Full List of Madoff Clients

Below is the full list of Madoff clients making claims according to AlixPartners, the firm handling the restructuring. According to NY Times DealBook: the list includes anyone who responded to advertisements placed by the trustee overseeing the bankruptcy of the firm. Not every name on the list is necessarily a victim of Mr. Madoff’s reputed

In Defense of Hedge Fund of Funds

Both the direct hedge fund industry and the fund-of-fund industry have been under significant scrutiny in recent weeks and months. The Bernard Madoff scandal was clearly the most high profile event that has drawn this negative attention. In addition, David Swensen, the highly regarded Yale endowment fund manager recently expressed a harsh view of the