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- Jerome Kerviel and Societe Generale – Les Jeux Sont Faits: Three Years and $6.7 billion
Les Jeux sont fait, the chips are down for Jermoe Kerviel. To refresh memories Kerviel who was on trial for allegation of being a rogue trader and had become a celebrity in France (see previous post). It was announced that former Societe Generale trader Jerome Kerviel was sentenced to to five years in prison, with [...]
- 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 [...]
- Arthur Nadel’s Future Freedom? – Ponzi Pathology or Pathos
Arthur Nadel is back in the news. He is approaching the sentencing phase. As a reminder Arthur Nadel a Florida hedge fund manager who, to refresh memories, pulled a Sam Israel and disappeared a little over a year ago just as he was due to pay investors $50 million. Here is a video about Mr. [...]
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