Bernie Madoff

Irving Picard wants $43.2 million for the last four months of work on the Madoff file. Read more »

  • 08 Apr 2011 at 3:43 PM

Bernie Madoff Has A Dream

The Legitimate Years, Part 2. Read more »

“In 2002 I had a contact with the SEC, who were concerned that I was front-running,” he recalls, referring to the practice of using insider information to inform trades. “I started laughing to myself – I knew I wasn’t because I wasn’t doing the trades.” [FT]

  • 28 Feb 2011 at 2:47 PM

Bernie Madoff Doesn’t Think Much Of Dodd-Frank

[Madoff] sees himself at this stage as a kind of truth-teller. He has disdain not only for the industry but for the regulators. “The SEC,” he says, “looks terrible in this thing.” And he doesn’t see himself as the only guilty party on Wall Street. “It’s unbelievable, Goldman … no one has any criminal convictions. The whole new regulatory reform is a joke. The whole government is a Ponzi scheme.” [NYM, earlier]

Bernie Madoff recently called New York reporter Steve Fishman collect, from prison. Berns had rebuffed Fishman’s previous attempts to chat but apparently had been feeling like there were a few things he wanted to get off his chest and in print, for all the haters to see. Lately, you see, the Ponzi Master is feeling a bit misunderstood. Angry. Cheated. He takes the blame for what he did (though he thinks the banks that enabled him should take a little themselves) and admits that Ruth is pretty ticked off with him of late. That’s not what’s getting his goat though. What he’s feeling miffed about these days is the fact that okay, yes, he ran a multi-billion dollar scam that had some pretty serious consequences. Fine. But what about all those years he was doing things by the book? People rightfully thought he was pretty great then but do we ever hear about that? No! All we hear is monster this and criminal that. What gives? Read more »

Hint: he calls Libya home and recently vowed to “fight to the death” anyone questioning his leadership skills. Read more »

Which is why the document, last signed November 1, 2007, names Bernie Madoff as a co-executor of his late son’s a estate, a role Bernie’s been unable to fulfill given his current situation. [NYP]