CNN
Judge seeks $170B in forfeitures from Madoff, who awaits sentence
As prosecutors asked to jail Bernard Madoff for 150 years, a U.S. District Court judge Friday entered a preliminary order calling on the convicted Ponzi schemer to forfeit more than $170 billion in ...
Irving Picard, With $14 Billion in Recovered Funds and Counting, Was Steeped in Wall Street Long Before Madoff Work
With financial roots running deep throughout his career, Irving Picard, an American Lawyer Lifetime Achievement honoree, ...
KCRW
JP Morgan Chase to Pay $1.7 Billion in Madoff Case
It's been five years since Bernard Madoff was arrested for running one of the largest Ponzi schemes in US history. Now his primary bank is finally facing its own punishment, of sorts. JP Morgan Chase ...
American Banker
Madoff Ponzi scheme haunts HSBC, which faces $1 billion hit
HSBC announced this week that it would set aside $1.1 billion following an unfavorable ruling in litigation related to the massive Ponzi scheme orchestrated by the late financier Bernie Madoff. The ...
Law
Firms Across U.S. Prepare Madoff Litigation
Lawsuits are flying following the arrest of Wall Street money manager Bernard Madoff, but some of the nation's largest plaintiff firms are taking their time investigating potential claims, which they ...
The Atlantic
Were Banks 'Complicit' in Madoff Fraud? Madoff Says So
We've heard nothing from Bernard Madoff since he was convicted of orchestrating a $65 billion Ponzi scheme and sentenced to 150 years behind bars, though fellow inmates have painted a picture of the ...
U.S. News & World Report
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case
LONDON (Reuters) -HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's ...