Gig ’em

I grew up amid the low-country marshes of South Carolina. Mosquitos, fiddler crabs, and tidal creeks everywhere. There was this thing we called “gigging.” We used tridents to spear bottom feeders in the swampy waters. I didn’t like stabbing flounder...

The Fast and the Curious

Yesterday, hedge funds operated by Banco Santander reached a settlement with the trustee in the Madoff liquidation. The funds agreed to return $235 million. According to The New York Times, the trustee stated, “I am very pleased that we reached such a favorable...

"Insider Exclusive" Discusses Madoff

Recently, I joined Steve Murphy and a panel of guests on Insider Exclusive. I am not a lawyer. But I am a fan of the show and appreciate the insights from “America’s Premier Lawyers.” In these videos, Andrew Entwistle provides an excellent overview...

“Insider Exclusive” Discusses Madoff

Recently, I joined Steve Murphy and a panel of guests on Insider Exclusive. I am not a lawyer. But I am a fan of the show and appreciate the insights from “America’s Premier Lawyers.” In these videos, Andrew Entwistle provides an excellent overview...

WMD: Weapons of Money Destruction

No-Money-Down Ponzi Now, there’s a new way to lose money through real estate seminars—Ponzi schemes. We’ve seen the late-night infomercials. We’ve heard the fast-talking, hyper-kinetic sales pitches. Pitch # 1: “Buy real estate with no money...

One Billion and Broke

If this were Hollywood, the courtroom would be jammed. Reporters everywhere. Rowdy audience. Distinguished lawyers snarling and prepping to rip each other a new one. Here’s how the scene would start. Defendant/Investor: “Your Honor, I can’t pay my...