Judge Denny Chin sentenced Bernie Madoff to 150 years today. But the BM story is far from over. The next chapter will examine the Securities Investor Protection Corporation (SIPC). And there’s one question for every American? How can we tolerate the conflicts of...
Acrimoney has given further thought to Madoff’s request for leniency. Ira Sorkin, Madoff’s defense attorney, argued for a twelve-year prison sentence. He referenced Madoff’s life expectancy of thirteen years as justification. Madoff is seventy-one....
Ira Sorkin, defense attorney for Bernard Madoff, requested his client’s sentence be limited to twelve years. He cited Madoff’s age and thirteen-year life expectancy. He noted the crime was non-violent. And he added that Madoff surrendered voluntarily....
Today, Acrimoney is pleased to introduce Grove O’Rourke from Sachs, Kidder, and Carnegie. Grove manages about $2 billion in total assets for wealthy families. He’s seen it all inside his investment bank. He’ll be joining Acrimoney for a new guest...
This is just a quick post. One of Acrimoney’s regular readers sent this story about Franklin Sands, Florida’s minority leader in the State house. Sands lost $3 million to Madoff. The legislator is now working overtime to put his finances back in order. He...
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.
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.