The Bernard Madoff Scandal

Latest Blog Posts on Madoff


Rwandan Genocide Leaders Get a Whopping Sentence in Court...

Date: 07/16/2009

Not. On Tuesday, the International Criminal Tribunal for Rwanda sentenced a former governor of Rwanda to life imprisonment for his role in the 1994 genocide. This is the third such ruling this year; previous convictions by the U.N. court include 25 years in prison for a military chaplain convicted of genocide and crimes against humanity, and 30 years to a civil servant for genocide and inciteme ...

Related Topics: Genocide, News, Politics, Rwanda


Walter Cronkite and the Death of Trust

Date: 07/17/2009

"Newsman Walter Cronkite, who died at the age of 92, was so thoroughly and uniquely linked with the word "trust" that it is tempting to say that the word should be buried with him. In the generation since he left the anchor desk at the CBS Evening News, there have been other public figures who inspire passion, devotion, confidence, intensity and personal identification. But trust, that milder but ...

Related Topics: CBS, Mourning, Trust, Walter Cronkite


Bernie Madoff sentenced to 150 years

Date: 06/29/2009

That's sentence the prosecutor was asking for and got. I guess his victims can rest assured that he got such a harsh sentence.

Related Topics: Bernie Madoff, Crime, Investor, Ponzi Scheme


Is Bernie Madoff's Sentence Fair?

Date: 06/29/2009

Ponzi scheme fraudster Bernie Madoff was sentenced to 150 years in prison today. What do you think of this sentence? "He certainly deserves the 150 years-every day of it," writes member IreneAdler. "He got more time than some who are convicted of murder - and that I do not understand," writes member Justme333. Join the debate about Bernie Madoff here.

Related Topics: Debate, Madoff


Oelwein, Ludlow and the rest of us

Date: 07/06/2009

I rarely agree with Frank Rich, but this weekend he was spot o n. Excerpt: The estimated $65 billion involved in Madoff's flimflam is dwarfed by the more than $2.5 trillion paid so far by American taxpayers to bail out those masters of Wall Street's universe. A.I.G. alone has already left us on the hook for $180 billion. It's hard for those who didn't have money with Madoff to get worked up abo ...

Related Topics: Economy, Frank Rich, Ludlow Massacre, Methland, Nick Reding


Money Coaching Monday: The Path to Financial Forgiveness

Date: 07/06/2009

Today's Money Coaching Monday is in response to the comments made by Melonee and Suzanne who wrote in and shared their struggle in Overcoming and Making Peace with Debt. Here's what Melonee said: "Thank you Deborah. Your words really helped ease my mind and pain. Thank you for letting me know that, not only am I NOT my debt, but that I am not alone." (read more....) Here's what Suzanne sa ...

Related Topics: Beliefnet, Bernie Madoff, Couples And Money, Financial Help, Financial Recovery, Money Problems


Money Coaching Monday: The Dark Side of Money

Date: 06/29/2009

When the morning news announced that Bernie Madoff was sentenced to 150 years in prison today, I found myself wanting to do the "happy dance." But I didn't...simply because that first wave of elation quickly subsided into sadness.  No, I'm not sad for Bernie. I am sad about all those people who trusted him with their money who have now lost everything. And, I am sad (and angry!) for those w ...

Related Topics: Bernie Madoffm Madoff Sentencing, Financial Prayers, Financial Problems, Financial Recovery, Spiritual Depression

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