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- The life and death of Stanley Chais: Plus Ruth Madoff Spotted
Stanley Chais was a Beverly Hills, California investment advisor who operated feeder funds which allocated capital to Madoff funds. He passed away on September 26, 2010 from a rare blood disease at the age of 84. The Chais death is the third major death surrounding the Madoff scandal. The first was investor’s Rene-Thierry Magon de [...]
- 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 [...]
- 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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