Six months after the scandal came to light, Madoff’s punishment for his multibillion-dollar ponzi scheme could be a de facto life sentence. He will be sentenced Monday.
June 2009
Day of reckoning arrives for Madoff
Wall Street wobbles as week begins
U.S. stock futures are slightly higher in early trading Monday, amid mixed moves in overseas markets. Stocks in Asia were lower, while European markets advanced.
Investors are somewhat safer after Madoff
Today, we’re expected to get to say goodbye to Bernard Madoff, convicted Ponzi schemer extraordinaire.
Madoff may not have benefited most in scam
Charles Ponzi himself was the biggest beneficiary of his scams. But it now appears that Bernard Madoff may not have benefited the most from his version of the scheme. It may be Jeffry Picower.
Your Career: Getting paid to lose weight
Judge to decide jail or bail for Stanford
Texas financier R. Allen Stanford could find out today if he will be freed on a bond of half a million dollars or stay locked up until his trial.
Answer Desk: Slow stimulus spending
The government’s stimulus plan was supposed to flood the economy with cash to help end the recession. But so far, spending is just a trickle. The Answer Desk, by John W. Schoen.
Average cost of gas stays flat last two weeks
The price of a gallon of gasoline held steady over the past two weeks, at .66 for a gallon of regular unleaded.
Wedding planners pair up to save on costs
As soon as they opened their shops, wedding planners Kara Underwood and Kirstin Martin encountered a crisis neither could have foreseen: each other.