It's being reported that Peter Madoff, who worked with his Ponzi scheming brother Bernie, will be pleading guilty tomorrow to two federal charges, face 10 years in jail, and give up some $143.1 billion—assuming he has that much.
Kinde Durkee, the California campaign treasurer expected to plead guilty this week to embezzling as much as $8 million from at least 50 Democratic political clients including Sen. Dianne Feinstein, allegedly squandered the money on a variety of pretty pedestrian expenses.
"I made the tragic mistake of trying to change the way money was managed." [Forbes]
The New York Mets owners have agreed to pay $162 million to settle a $303 million case by the liquidator of Bernie Madoff's firm, Bloomberg is reporting.
Miami Marlins players fret the team's new $2.5 million center-field statue will blind left-handed hitters, the NFL is expanding the investigation into the New Orleans Saints bounty pool, and another legal setback for New York Mets ownership.
Today in sports: what Bernie Madoff meant to the New York Mets, Tim Tebow's former backup managed to avoid catching Tebowmania, and the Washington Redskins prove again they do not run the tightest of shops.
The New York Times' Diana B. Henriques reports on the lingering hard feelings, three years after Bernie Madoff's arrest. She also dishes on his emails from prison.
Bernie Madoff was a creep with women, and Ashton Kutcher only pretends to know about football, and Piers Morgan gives up on spotting America's talent.
Ruth and Andrew Madoff, the wife and son of famed fraudster Bernie Madoff, in a round of interviews to promote a tell-all memoir, claimed they knew nothing of the Ponzi scheme he ran for decades until the patriarch confessed to them shortly before the truth became public.
Perhaps the most infamous white-collar crook of the last decade, Bernie Madoff took his reputation as a pariah so hard he and his wife Ruth tried to commit suicide, Ruth Madoff told 60 Minutes, but now that he's in prison the convicted ponzi-schemer says he finds himself smiling sometimes, and he's "horrified."
Ruth Madoff, who's being featured on 60 Minutes in the first interview she's done about her husband's crimes, says "I don't know whose idea it was, but we decided to kill ourselves because it was so horrendous what was happening."
Another late night incident for Shia LaBeouf, a chilly White House reception for former Clinton aides, and Michael Bloomberg's television viewing habits.
In other words, he's a victim, here
Files related to Bernie Madoff and the 2008 crisis were lost in a sanctioned purge
His wife hasn't spoken to him since his son's suicide in December
Insert "Emperor's New Clothes" reference here
A trustee the victims accused Tremont of ignoring "red flags" during the Ponzi scheme
A new, anonymously written tome has all the hallmarks of an unauthorized biography
The financial fraud engineer also complains about the judge who sentenced him
Plus: A prize Madoff photo, and Emma Watson sets the record straight
Prisoner No. 61727-054 says JP Morgan Chase and others knew what he was doing
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