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Saying he was "deeply sorry and ashamed," Bernard Madoff pleaded guilty today to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs to the applause of his seething victims in the courtroom. ...more
March 12, 2009
The founder of an investment fund that lost $1.4 billion with Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in a scandal that has left investors around the world in financial ruin. ...more
December 23, 2008
Experts say multiple factors at play ...more
November 23, 2008
It's the kind of water cooler theory that has just enough credibility to sound plausible. ...more
November 23, 2008
The Dow plunged Monday more than 370 points and oil prices rocketed more than $25 a barrel - the biggest one-day jump ever - as anxiety about the government's $700 billion bailout plan sent new shockwaves through the markets. ...more
September 23, 2008
The part of Florida's embattled investment fund for local governments that remains open received the best possible rating Friday from Standard & Poor's. ...more
December 22, 2007
Local Hillsborough County governments that rode out last month's run on a state-run investment pool say the state has unduly placed them at risk, by allowing investors who cut and ran to withdraw more than their fair share. ...more
December 14, 2007
Auditors investigating last month's run on an investment fund for local governments need to scrutinize Florida's $137 billion pension fund as well, the fund's top administrator said Wednesday. ...more
December 13, 2007
Uncertainty over a state investment fund left government officials with little definitive information Friday, even after face-to-face meetings here with the state's chief financial officer. ...more
December 8, 2007
The headlines have been downright scary: "Investor Fund Panic." "State Pool Frozen." "Fear Rocks State Fund." ...more
December 6, 2007
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