Madoff Case News Today

Felony. so people in banks who have been convicted of breaking rules they would be on this. even in utah if they were working here but the bank has a branch in utah they could be on he registry. the law is open to interpretation. jp morgan chase, $3 billion settle independent madoff case, was never charged with a crime. people in utah say they still violated the rules. the law says second degree felon but perhaps the bank shifts be on there. the problem is how do you get a picture of the bank an...

Prosecutors think the company was aware of the ponzi scheme but looked the other way. "the new york times" reporting the feds are ready to make a deal, slapping the bank with fines and other concessions but backing off federal charges. jp morgan claims its staff acteded in good faith in the madoff case. cordle now knows his fate, a judge sentencing cordle to 6 1/2 years in prison with no early release and his license was suspended for life. prosecutors pushed for the maximum eight-year sentenc...

Do some train talk. a courthouse in minnesota turned into a crime scene, after a man on trial for sexual assault opened fire on both the prosecuting attorney and the court bailiff. both men now in the hospital. the shooter identified as 42-year-old daniel shalinz, thats him, a former professional boxer from duluth. hes in police custody. the courthouse, by the way, did not have a metal detector. >> bernie madoff, bookkeeper coming a plea to conspiracy charges in connection to his $65 billion pon...

Presumably to some of the firms previously bidding on the whole company at fire sale prices. now in similar bankruptcies, in lehman brothers it took sipc only ten days to recover these accounts because the accounting was at least accurate. in the madoff case, the books were fictional. a source familiar with this process told me it should be more like the lehman time frame because the books arent cooked so they think its just figuring out to what trades this money was actually funneled toward. mf...

And home grown terror in the past 18 to 24 months than ever before and its a problem that we need to take ownership of. it doesnt mean the majority of muslims are radicalized. in fact, there are many muslims who are heroes that have turned them in. but weve been focusing on that last step. my message is we need to focus on the years before they become violent on the ideology that feeds that and theres a conditioning, theres a separatism. theres an ideology of political islam that needs reform to...

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