Madoff strikes at the heart of New York Mets
Although a ruling limits the amount the team’s owners may have to pay, they still face claims of almost $400m in fallout from the Madoff Ponzi scheme
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Bernard Madoff, a former chairman of the Nasdaq stock market, has been sentenced to the maximum of 150 years in prison for running a $65bn “Ponzi scheme” with the judge referring to his “extraordinarily evil” crimes
NY Mets owners buy time in Madoff case
$162m settlement with Ponzi scheme victims’ trustee could help Wilpon and Katz hold on to the financially troubled baseball team franchise
Jury to decide Mets owners’ Madoff links
Court case to examine whether Fred Wilpon and Saul Katz were ‘wilfully blind’ to $17.3bn fraud as franchise battles financial difficulties
Cap set on Mets owners’ Madoff payout
Sterling Equities will have to pay up to $83m to the trustee liquidating Bernard Madoff’s company, a judge has ruled
Former SEC lawyer settles Madoff claim
David Becker agrees to pay more than $550,000 to the trustee overseeing the firm’s liquidation
UniCredit wins dismissal in Madoff case
A US district judge threw out racketeering charges that alleged the bank participated in a scheme to attract investor money to Ponzi scheme
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Interactive
Interactive timeline: The fall of Bernard Madoff
Financial Times has reconstructed the last year of his operation through interviews with dozens of his friends, colleagues and investors
Comment and analysis
The Madoff affair: Along for the ride?
The Madoff affair: As the official trustee tries to reunite investors with their cash, banks in America and Europe are accused of enabling the fraud
Madoff was Wall Street’s problem
Wall Street’s sins are less egregious than those of Bernie Madoff – it did not deliberately steal their money. But the Madoff scandal provides plenty of evidence of corner-cutting and the turning of blind eyes in a quest for revenues, writes John Gapper
Madoff returns to haunt HSBC
Irving Picard has filed a $6.6bn suit against HSBC over the Madoff Ponzi scheme and contends that the bank is, to all intents and purposes, an integral part of the fraud
Sentence is necessary and rare
The 71-year-old fraudster’s conduct was indefensible and he deserved what he got, writes John Gapper. But the case was unusual
A bitter dividend
Investment: As Bernard Madoff faces sentencing for perhaps the biggest fraud ever, he leaves behind an industry beset by mutual distrust and harsher regulation
Bernie Madoff’s life of make-believe
A key to his infamy lies in the words ‘split-strike conversion strategy’. That is the explanation he gave for his spectacularly consistent returns, writes Christopher Caldwell
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