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
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
$162m settlement with Ponzi scheme victims’ trustee could help Wilpon and Katz hold on to the financially troubled baseball team franchise
Court case to examine whether Fred Wilpon and Saul Katz were ‘wilfully blind’ to $17.3bn fraud as franchise battles financial difficulties
Sterling Equities will have to pay up to $83m to the trustee liquidating Bernard Madoff’s company, a judge has ruled
David Becker agrees to pay more than $550,000 to the trustee overseeing the firm’s liquidation
A US district judge threw out racketeering charges that alleged the bank participated in a scheme to attract investor money to Ponzi scheme
Financial Times has reconstructed the last year of his operation through interviews with dozens of his friends, colleagues and investors
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
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
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
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

The 71-year-old fraudster’s conduct was indefensible and he deserved what he got, writes John Gapper. But the case was unusual
Investment: As Bernard Madoff faces sentencing for perhaps the biggest fraud ever, he leaves behind an industry beset by mutual distrust and harsher regulation
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