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- Madoff CNBC’s Special Reveals His Fluffy Prison and the Gibraltar Give Up?
CNBC has put together a new version of its American Greed Series, this time focus on the Madoff scandal. The episode is titled “Madoff Behind Bars” and focuses on Madoff’s time (150 years to be exact) at the Butner Federal Corrections Complex in North Carolina, USA. The Huffington Post is reporting that in jail Madoff [...] - Marc Dreier: The Swindler
Here is an excellent video about disgraced attorney and hedge fund fraudster Marc Dreier from CBS 60 Minutes. This piece was Mr. Dreier’s first TV appearance. In it it he described how he fabricated documents, lied about relationships with former clients, used former clients (Kosta Kovachev) to impersonate people and dug himself into a $400 [...] - The Carried Interest Debate Continues – Forbidden Planet or Key to the Cabinet?
The subject of carried interest and whether the U.S. government should tax it has come up again recently. Proponents of this increased taxation argue, in part, that it is a good way to raise additional revenue for the government and that it is a technique to further align the interests of investors and managers. Here [...]
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