KING OF CON MEN
The heartless fraudster, who died in prison Wednesday, preyed on rich but unsophisticated investors. There were no winners.
Allan Dodds Frank is a business investigative correspondent who specializes in white-collar-crime stories. He also is the former president of the Overseas Press Club of America, one of the many journalism organizations that protest the arrests of journalists abroad and repression of freedom of speech.
Unanimous Verdict
After a five month trial, the federal jury did not believe--for a “New York Minute”--the claims by five lavishly-compensated Madoff loyalists.
Frank DiPascali, a 33-year employee of the firm that ran the largest Ponzi scheme in recent history, took to the stand to testify against his former colleagues.
Big Blue
IBM CEO schools executives on how to make data-based decisions and predicts the decline of management by gut instinct.
Fiscal Cliff
Walmart CEO Mike Duke says consumers will curtail spending this holiday season unless a fiscal-cliff deal is reached.
Off Easy!
The ex-McKinsey head got off easy with a light sentence. Allan Dodds Frank reports from the courtroom.
SALLIE FORTH
Former Wall Street star Sallie Krawcheck is reemerging as a forceful voice on policy. Allan Dodds Frank reports.
Quick Decision
A jury speedily found former Goldman Sachs board member Rajat Gupta guilty of insider trading, writes Allan Dodds Frank.
Insider Trading
Goldman Sachs chairman and CEO Lloyd Blankfein’s testimony Monday appeared to bolster the prosecution’s insider-trading case against Rajat Gupta. Allan Dodds Frank reports.
Allan Dodds Frank reports from the opening arguments in the insider-trading case against former McKinsey chief Rajat Gupta.