Letterman Suspects Novel Defense

Letterman Suspect's Novel Defense

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Robert Joel Halderman wasn’t trying to blackmail David Letterman over his workplace peccadilloes—he was trying to sell a story, the suspect’s lawyer says. Lloyd Grove reports from the media scrum.

Posted 9:08 PM | Nov 10, 2009
Nicolas Cage Compulsive Spender

Nicolas Cage, Compulsive Spender

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The star is blaming his ex-money manager for his money problems. But insiders say it was Cage who spent his way into big troubles. Jacob Bernstein reports on the star's head-spinning treasure trove: more than a dozen houses, two Bahamian islands, dinosaur skulls, the shah of Iran's Lamborghini (and more). Fun while it lasted.

Posted 7:23 PM | Nov 3, 2009
Madoff Secrets Go to the Grave

Madoff Secrets Go to the Grave

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Jeffry Picower, found dead at the bottom of his swimming pool yesterday, was Suspect Number One in terms of what happened to Madoff’s billions. Now, Allan Dodds Frank asks, will they ever find the money?

Posted 10:56 AM | Oct 26, 2009
The Do-Nothing G-20

The Do-Nothing G-20

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They fled Pittsburgh with vague promises to rein in their financial systems. But Jeff Madrick writes that the G-20 leaders didn't give this year of global peril its due respect.

Posted 7:40 PM | Sep 26, 2009
Catch Me If You Can

Catch Me If You Can

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Bernie Madoff bragged he might lead the SEC, fumed when investigators asked for documents-and was aghast at the agency's ineptitude. Allan Dodds Frank dissects the inspector general's report.

Posted 11:45 PM | Sep 2, 2009
Sex With Madoff

Sex With Madoff

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On the day Madoff mistress Sheryl Weinstein’s tell-all is released, Madoff victim Burt Ross confesses to a non-affair with Ruthie—and spares a thought for poor Mr. Weinstein, who joins the publicly humiliated spouses club.

Posted 11:46 PM | Aug 24, 2009
Sources Madoff Indictments Imminent

Sources: Madoff Indictments Imminent

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Two people close to the Bernie Madoff investigation tell Lucinda Franks prosecutors will issue more indictments after Labor Day, and new evidence is pointing toward family members.

Posted 6:50 AM | Aug 17, 2009
Madoffs Other Girlfriends

Madoff's Other Girlfriends

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Sheryl Weinstein wasn't the only woman the Ponzi monster was fooling around with, writes Lucinda Franks—he had more than one extra-marital affair, as well as encounters with "masseuses."

Posted 7:39 PM | Aug 15, 2009
What Ruth Told Bernie

What Ruth Told Bernie

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Novelist and playwright Jane Hitchcock channels Ruth Madoff’s frustration in a fictionalized jailhouse spat with her philandering and swindling husband.

Posted 1:24 PM | Aug 14, 2009
Meet Madoffs Mistress

Meet Madoff's Mistress

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When Bernie told his secretary he was going to lunch with a "pain in the ass" investor, he was really meeting his blond girlfriend. Allan Dodds Frank profiles the newest player in the Madoff saga.

Posted 6:15 AM | Aug 14, 2009
The Madoff Prison Squeeze

The Madoff Prison Squeeze

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Frank DiPascali Jr., Bernie Madoff’s former CFO, thought he’d escape immediate imprisonment by pleading guilty to 10 felony counts. Instead, he was sent straight to jail. Will he still help the Feds put Madoff’s family behind bars?

Posted 11:19 PM | Aug 11, 2009
Celebrity Hit Man

Celebrity Hit Man

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Unauthorized biographer Jerry Oppenheimer’s latest target is the Ponzi king, and as The Daily Beast’s Sandra McElwaine finds out, prison may be a breeze compared to this treatment.

Posted 7:25 AM | Aug 7, 2009
The Making of Madoff

The Making of Madoff

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Jerry Oppenheimer’s new biography of Bernie Madoff traces the roots of his deceit and his odd compulsions back to a Queens childhood steeped in hustles and scams.

Posted 7:39 PM | Aug 1, 2009
Ruths 45 Million Stash

Ruth's $45 Million Stash

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Bernie's wife isn't in the clear after all. The U.S. bankruptcy trustee is suing the Ponzi King's wife, claiming he's found nearly $45 million in hidden monies. Are criminal charges next?

Posted 1:08 PM | Jul 29, 2009
A Luxury Vacation Via Madoff

A Luxury Vacation, Via Madoff

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Burt Ross, the former mayor of Fort Lee, New Jersey, was forced to cancel a resort vacation after he lost $5 million to Madoff—but now he’s headed off to a luxury destination, thanks to the Ponzi schemer.

Posted 10:50 PM | Jul 19, 2009
Marc Dreiers Big Break

Marc Dreier's Big Break

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The crooked lawyer’s $700 million scam gets him only 20 years in the clink, and he has Bernie Madoff to thank for it. The Daily Beast’s Allan Dodds Frank reports.

Posted 8:10 AM | Jul 14, 2009
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