Thursday, December 18, 2008

Madoff-Gate

Madoff's Own Sons Used Outside Money Managers
As a judge ordered Bernard Madoff placed under home detention, more details emerged about his alleged scheme, and SEC investigators reportedly started looking at the role of Madoff's wife, Ruth. Meanwhile, documents show that Madoff's sons did not invest their foundations' money in the family firm.
Report: Ruth Madoff Under Investigation

1 comment:

Anonymous said...

A lot of tension in that family for the Holidays.
When a Dad who has his son's working for him decides to clear his consious and tell them, they go to their lawyers, who then go to the FBI.
This is just horrible all the way around, and one man caused so much grief for so many and even took his sons down with him.