Bernard Madoff
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Bernie Madoff, Quote of the Day, Wall Street
Quote of the Day: Looking the Other Way
They had to know. But the attitude was sort of, ‘If you’re doing something wrong, we don’t want to know.’ — Bernard Madoff, speaking about the banks and hedge funds that invested in his Ponzi scheme, in his first for-publication interview since his December 2008 arrest (via Dealbreaker). -
Barry Bonds, Baseball, Celebrities, Immigration, Lindsay Lohan, Morning Docket, Prisons, Sports, Tobacco / Smoking
Morning Docket: 02.11.11
* If the Muslim Brotherhood gains power in Egypt, they will impose sharia law. Just like Oklahoma! [ABC Online] * Lindsay Lohan took to Twitter to announce that she “was not raised to lie, cheat, or steal.” Well, nature it is. [msnbc.com] * Arizona is suing the federal government over the porous border. Mr. Obama, […]
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Baseball, Bernie Madoff, Sports
Nothing About the Madoff Thing Surprises Any Mets Fans
I’ve been avoiding writing about Irving Picard, the trustee in charge of getting money for the victims of the Bernie Madoff Ponzi scheme, and his lawsuit against New York Mets owners Fred Wilpon and Saul Katz. It’s too painful. It’s like being close enough to see Oliver Perez’s face just as you know things are […]
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Bernie Madoff, Biglaw, Divorce Train Wrecks, Family Law, Money, Partner Issues
A Millionaire Paul Weiss Partner Might Get Money from His Ex-Wife -- Thanks to Bernie Madoff
Being married to a Paul Weiss partner is nice; getting divorced from a Paul Weiss partner is even nicer. Thanks to the prestigious firm’s eye-popping profits, getting divorced from a PW partner should give you a seven-figure payday (assuming the Paul Weiss partner has been a partner for a while and is the “monied spouse” […] -
Bernie Madoff, Crime, Department of Justice, White-Collar Crime
A $7.2 Billion Settlement Generates Money for Madoff Victims
Rack up another win for trustee Irving Picard, the partner at Baker Hostetler who’s cleaning up the Bernard Madoff mess. On Friday, Picard and Preet Bharara, the headline-making U.S. attorney for the Southern District of New York, announced a $7.2 billion settlement with the estate of Jeffry Picower (no it’s not spelled “Jeffrey”). Picower, a […] -
Morning Docket
Morning Docket: 12.14.10
* A lawyer named Conn created a 3D commercial for potential clients. Too bad his target audience will be purchasing new hips before 3D televisions. [Florida Times-Union] * Normally, you’d end up in the doghouse if you didn’t attend a loved one’s funeral, but Bernie Madoff’s throwing his family a bone on this one. [DealBook […]
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Andrew Cuomo, Morning Docket, Pets, Pornography
Morning Docket: 12.13.10
* Hiscock & Barclay cut Andrew Cuomo a $45K check and one of the firm’s lawyers got a deal. Does pay-to-play go both ways in New York? [New York Daily News] * John du Pont: millionaire, maniac, murderer… miracle worker? He died just in time to avoid the return of the 55% IRS death tax. […]
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Bernie Madoff, Crime, Deaths, Suicide, White-Collar Crime
Madoff Son Found Dead in Suicide (By Legendary Litigator Martin London)
Mark Madoff, the oldest of Bernard Madoff’s two sons, committed suicide on Saturday, by hanging himself in his Manhattan apartment. Saturday was a significant day: the second anniversary of Bernie Madoff’s arrest for running a multibillion-dollar Ponzi scheme. Mark Madoff’s lawyer, prominent Paul Weiss partner Martin Flumenbaum, issued a statement yesterday: “Mark Madoff took his […] - Sponsored
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Bernie Madoff, Crime, Sentencing Law, Wall Street, White-Collar Crime
Breaking: Madoff Sentenced to 150 Years
Bernie Madoff has been sentenced to 150 years. Judge Denny Chin said that the sentence was necessary to deter other people from entering into these kinds of schemes. The Judge apparently said that he was struck that there was no letter written in support of Bernie Madoff. On the other hand, the judge received 141 […]