Ruth's $45 Million Stash
Allan Dodds Frank is a business investigative correspondent who specializes in white collar crime. He also is President of the Overseas Press Club of America, one of the many journalism organizations that protests the arrests of journalists abroad and repression of freedom of speech.
Lucinda Franks is a Pulitzer Prize-winning journalist and author who was on the staff of the New York Times and has written for the New Yorker and the New York Times Book Review and Magazine. Her latest book is My Father's Secret War, about her father, who was a spy for the OSS during World War II.
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?
The Madoff Victims Who Came Out Ahead
Edward Jay Epstein studied government at Cornell and Harvard, and received a PhD from Harvard in 1973. The Big Picture: The New Logic of Money and Power in Hollywood is his 13th book. The sequel, The Hollywood Economist will be published in January 2010.
Some feeder funds, which directed money Bernie Madoff's way, ended up hundreds of millions of dollars in the black. So why are they claiming ignorance of his crimes-or worse, describing themselves as "the greatest Madoff victim"?
My $500,000 Madoff Check
Burt Ross, former mayor of Fort Lee, New Jersey, and former administrator of the New Jersey Energy Office, is a lawyer and real-estate investor. A book The Bribe was written about his exploits with the Mafia.
Bernie Madoff stole $5 million from the Daily Beast's Burt Ross, who just received a half-million-dollar check back from the SIPC. Never has a 90 percent loss felt so good.
New Signs Madoff's Family Knew
Allan Dodds Frank is a business investigative correspondent who specializes in white collar crime. He also is President of the Overseas Press Club of America, one of the many journalism organizations that protests the arrests of journalists abroad and repression of freedom of speech.
Within 90 days of Bernie Madoff's confession, friends and family withdrew $735 million, investigators have found. Allan Dodds Frank on a sign Madoff's circle was broader than originally thought.
Obama Should Bail Out Madoff Victims
Ronnie Sue Ambrosino is a retired computer analyst originally from New York. She has traveled the country for the last 4 years in a motor home experiencing all the country has to offer. That ended abruptly on Dec. 11th when her only source of income, Bernard Madoff, confessed to running the largest Ponzi scheme in history. Ronnie Sue is proactively involved in joining together other Madoff victims in an effort to find restitution and recovery at bernardmadoffvictims.org.
The head of a Ponzi scheme victims' group says Bernie's fraud would never have happened if the SEC hadn't been asleep at the switch-which is why it's time for the government to pony up some of the losses.
Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects.
Lee Siegel has written about culture and politics and is the author of three books: Falling Upwards: Essays in Defense of the Imagination; Not Remotely Controlled: Notes on Television; and, most recently, Against the Machine: Being Human in the Age of the Electronic Mob. In 2002, he received a National Magazine Award for reviews and criticism.
Peter Beinart, senior political writer for The Daily Beast, is a professor of journalism and political science at City University of New York and a senior fellow at the New America Foundation.
Gerald Posner is The Daily Beast's Chief Investigative Reporter. He's the award-winning author of 10 investigative nonfiction bestsellers, ranging from political assassinations, to Nazi war criminals, to 9/11, to terrorism. His latest book, Miami Babylon: Crime, Wealth and Power—A Dispatch from the Beach, was published in October. He lives in Miami Beach with his wife, the author Trisha Posner.
Martin Jacques is the cofounder of the UK think tank Demos, writes a regular column for The Guardian, and is a visiting research fellow at the London School of Economics Asia Research Centre. His new book, When China Rules the World, is available now.
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