Bernard L. Madoff pleaded guilty Thursday to 11 charges that he orchestrated what may be the largest financial fraud in Wall Street history, cheating investors out of billions of dollars in a fraud that has drawn demands for stricter regulations. Continue reading
Lawyers for Bernard Madoff, who allegedly defrauded investors of nearly $50 billion, said that the former Wall Street financier would likely plead guilty to 11 criminal counts on Thursday. New York Times reporter Diana Henriques updates the story. Continue reading
Lawmakers and a whistle-blower blasted the Securities and Exchange Commission during Congressional hearings into the case of Bernard Madoff, a Wall Street investor accused of massive fraud. Kwame Holman reports. Continue reading
The SEC chairman has criticized his own agency’s failure to investigate warnings about Bernard Madoff, who is accused of a massive fraud scheme. Analysts examine the SEC’s inquiry. Continue reading
The size of the scandal surrounding Wall Street trader Bernard Madoff’s alleged fraud continues to unravel, drawing in charities, foundations and top investors. Mort Zuckerman, the head of a charitable trust caught up in the schemes, and an SEC analyst offer insight. Continue reading
A prominent Wall Street trader was arrested on charges of massive fraud that may cost investors $50 billion. Wall Street Journal reporter Tom Lauricella discusses what may be the largest fraud scheme in the history of Wall Street. Continue reading
Recent elections in New Mexico have encountered voting irregularities, including missing ballots and technical troubles. After a report on efforts to ensure a fair election in Albuquerque, an election law expert examines the voting problems. Continue reading
The Justice Department and the FBI announced hundreds of arrests Thursday for mortgage fraud, which is blamed for sparking a national credit crisis and nationwide housing crisis. An NPR correspondent and Columbia Law professor examine the government crackdown.