financier

The federal government has sued the organization that insures brokerage accounts to compel it to compensate many investors who lost money in the $7.2 billion Ponzi scheme allegedly run by Texas financier R.

Allen Stanford.

The 400 richest Americans used to pay  30% of their income on the average to Uncle Sam. Today, they pay 18% on the average, according to Steve Rattner, a Wall Street financier.

Investors in jailed financier Bernard Madoff's fraudulent business who have been denied payouts from recovered funds are saying they think the trustee recovering money for investors might be cheating them.

Every day for two years, he carried the toxic burden of a name that meant fraud to the world. On Saturday, the eldest son of disgraced financier Bernard Madoff hanged himself in his Manhattan apartment, another casualty in the saga that sent his father to prison and swindled thousands of their life savings.

Jailed financier Bernard Madoff's eldest son is dead of an apparent suicide on the second anniversary of his father's arrest,

One of jailed financier Bernard Madoff's sons was found dead of an apparent suicide Saturday on the second anniversary of his father's

As a feud with Attorney General Andrew M. Cuomo has escalated, Steven L. Rattner has become a possible suspect.

Relatives of both Bernard Madoff and his wife are among those being targeted in 40 lawsuits announced Friday by the trustee endeavoring to recover money for victims fleeced by the disgraced financier.

It might not be the Greatest Show on Earth but the legal circus in the $7 billion fraud case against jailed Texas financier R. Allen Stanford is possibly making it the greatest show in court.

A judge has granted a request to have jailed Texas financier R. Allen Stanford tried separately from his three co-defendants on charges that they bilked investors out of $7 billion in a massive Ponzi scheme.