Insider Trading in Madoff Settlement?
Acrimoney ran a post last October about reloading—that’s hitting the same Ponzi victim twice. Now with some Madoff victims losing the spread between a twenty and fifty cents recovery, I wonder if we’re seeing more of the same. Is it savvy investing or is there a functional equivalent of expert networks in the Ponzi world?
Insider Trading in Madoff Settlement?
Acrimoney ran a post last October about reloading—that’s hitting the same Ponzi victim twice. Now with some Madoff victims losing the spread between a twenty and fifty cents recovery, I wonder if we’re seeing more of the same. Is it savvy investing or is there a functional equivalent of expert networks in the Ponzi world?
Acrimoney a Top 50 Forensic Accounting Blog
Acrimoney Listed on Top 50 Forensic Accounting Blogs Posted by Norb Vonnegut on 12/17/10 Categorized as Tools I just learned that Acrimoney was listed on Forensic Account Masters,Top 50 Forensic Accounting Blogs. On behalf of all the bloggers on this website, I'd...
Acrimoney Listed on Top 50 Forensic Accounting Blogs
I just learned that Acrimoney was listed on Forensic Account Masters, Top 50 Forensic Accounting Blogs. On behalf of all the bloggers on this website, I’d like to say thanks to FAM for the recognition.
Other notable members of the list include Pro Publica and the Harvard Law School Forum on Corporate Governance and Financial Regulation.
Top Ten Ways to Spot Financial Fraud
During my years in wealth management, I kept my eyes and ears open for financial fraud. Protecting clients was the name of the game. And many of my professional observations about fraud now appear in Top Producer—a novel about a Ponzi scheme I sold to my publisher twelve months before Madoff confessed in December 2008.
So how can we spot Ponzi schemes before getting sucked in?
Here are the red flags I published on The Huffington Post last year. My top ten list won’t make Letterman. But the purpose isn’t to be funny. It’s to help you identify the bad guys through “touch and feel” rather than in-depth knowledge of the capital markets.
UK Credit Crisis Worsens
I get email forwards all the time. Information about breaking news or rumors sweeping across trading floors. Here’s a must read. Click below to see what you absolutely must know about overseas markets, the contagion spreading from sterling to euros.
Insider Trading: ‘Tis the Season
“Channel checks?” Phoebe wanted to help these men. They were FBI after all. But she didn’t like them. Not one bit. “I was looking for a toy. Not a television.”
“This is classic mosaic theory.”
“What’s this got to do with art projects?” she asked. “I was trying to get the skinny on helicopters.”
Killer Bees Ate My Book
Then They Came For Me
Last year I told the following story at book clubs and speaking events as far away as Australia. So you think an author’s life is a non-contact sport? Well, think again.
Norb Vonnegut
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.