March 17, 2009 |
Prosecutors probing Bernard L. Madoff's massive fraud are determined to leave his wife with almost nothing after telling a Manhattan court that they consider more than $100 million in assets, most of it listed in her name, to be the fruits of her husband's crimes. The government even included a $39,000 Steinway piano and $65,000 in silverware, both owned by Ruth Madoff, in items it said it would try to force the Madoffs to forfeit. The list was in a three-page document filed in U.S.
February 12, 2009 |
The wife of disgraced money manager Bernard Madoff withdrew more than $15 million from a firm co-owned by her husband, including $10 million on the day their children turned her husband over to authorities for overseeing an alleged $50 billion Ponzi scheme, the top securities regulator in Massachusetts said Wednesday. Secretary of State William Galvin said Ruth Madoff, 67, withdrew $5.5 million on Nov. 25 and $10 million on Dec. 10 -- the day before Bernard Madoff was arrested -- from Cohmad Securities Corp.
November 7, 2011
Madoffs come clean Re "Denial — Madoff style," Opinion, Nov. 3 In writing that she believes wife Ruth Madoff's and son Andrew Madoff's claims that neither was aware of Bernard Madoff's Ponzi scheme, Meghan Daum ignores the truly critical question arising from the scandal: Why did the Securities and Exchange Commission fail to adequately investigate his financial dealings despite several credible tips? I don't really care how sorry Ruth Madoff is or how much anger Andrew Madoff feels toward his father.
November 2, 2011 |
I didn't see any Ruth Madoff masks on Halloween night, but it wouldn't have surprised me if I had. The wife of disgraced Wall Street Ponzi schemer Bernard Madoff is Pariah No. 1 this week, followed closely by her son, Andrew. The two, along with Andrew's fiance, appeared on "60 Minutes" on Sunday night to promote their "authorized family biography," "Truth and Consequences. " "I have been eager, I would say almost desperate, to speak out publicly and tell people that I'm absolutely not involved," Andrew told Morley Safer.
July 3, 2009 |
Times sure have changed for Manhattan's super-rich. It used to be when James Whitmore, hair colorist to the pampered chic, hadn't seen a client for awhile it was because she'd extended a trip abroad or was caught up redecorating a second home. But now -- with America's economy imploding and Wall Street bankers the prime suspects -- there's no telling why a woman-of-means goes AWOL from her beauty regimen.