National business briefs for May 16 Updated: Tue, May 15, 2012 National business briefs for May 16 Read More

Ponzi schmonzi Published: Tue, Sep 27, 2011 Will all my readers out there who think Rick Perry's ruggedly handsome mug should be carved onto Mount Rushmore please stop sending me emails about Social Security as a Ponzi scheme? The astute governor from Texas, apparently one of the country's leading experts on Social Security, has been running around... Read More

Bernie Madoff's eldest son Mark hangs himself in New York City apartment Updated: Sat, Dec 11, 2010 NEW YORK (AP) — One of Bernard Madoff's sons was found dead of an apparent suicide Saturday on the second anniversary of his father's arrest, according to police and a lawyer for the family. Mark Madoff, 46, was found dead in his apartment in Manhattan's fashionable SoHo section, according to police... Read More

NY feds: Boston businessman giving up $625 million Published: Tue, Dec 7, 2010 NEW YORK (AP) — A 97-year-old Boston-area apparel entrepreneur agreed Tuesday to forfeit $625 million to be distributed to cheated investors in jailed Bernard Madoff's historic Ponzi scheme, authorities revealed, as a court trustee said negotiations are under way to recover money as well from the owners of... Read More