Nov 03 Watch Madoff Accountant Pleads Guilty in Federal Court The consequences of Bernard Madoff's Ponzi scheme continue to trickle down as his accountant pleaded guilty to criminal charges. Judy Woodruff reports. Continue watching
Sep 03 Watch Madoff Report Highlights SEC Lapses in Detecting Fraud A scathing report by an inspector general for the Securities and Exchange Commission has found the agency missed numerous chances to uncover Bernard Madoff's Ponzi scheme. A financial reporter and a law professor speak with Jeffrey Brown about the SEC's… Continue watching
Jun 29 Madoff Sentenced to 150 Years in Prison By Admin, PBS News Hour Financier Bernard Madoff was sentenced Monday to 150 years in prison after pleading guilty in March to bilking investors out of as much as $65 billion over two decades. Continue reading
Jun 25 How Regulatory Reforms Will Affect Consumers (Cont.) By Business Desk Paul Solman: Last week, we featured a number of economists (and a journalist) responding to the new financial regulations proposed by the Obama administration. But no economic historians were among them. We’ve remedied that omission by asking Eugene… Continue reading
Jun 19 Billionaire Stanford, Bank Officials Indicted in Massive Fraud Case By PBS News Hour Texas billionaire R. Allen Stanford and several associates have been indicted on fraud and obstruction charges in what U.S. Justice Department officials say was a $7 billion pyramid scheme to defraud more than 5,000 investors over more than a decade. Continue reading
Jun 17 Will the Administration's Regulatory Overhaul Work? Question: How serious is the administration about true reform of the financial system? Are its plans likely to work? Or is regulation a can of worms, a Pandora’s box, and every other cliche that might be subsumed under the… Continue reading
Mar 18 Madoff's Accountant Arrested on Fraud Charges By Admin, PBS News Hour The longtime accountant for jailed swindler Bernard Madoff was arrested Wednesday and charged with fraud dating back 17 years for failing to conduct audits in what was may be the biggest investment fraud on Wall Street. Continue reading
Mar 12 Madoff Pleads Guilty in Wall Street Swindle By Admin, PBS News Hour 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
Feb 20 Watch Investigators Probe Fraud Allegations Against Financier Billionaire financier Allen Stanford is accused of swindling investors out of billions. Wall Street Journal reporter Glenn Simpson gives an update. Continue watching
Feb 04 Watch SEC Slammed During Madoff Hearing for Ignoring Alleged Ponzi Scheme 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 watching