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.
August 4, 2009 |
Bernard Madoff's wife, Ruth, can't spend more than $100 on herself without telling the trustee liquidating her husband's investment business, a bankruptcy judge ruled. An order freezing Ruth Madoff's assets and putting in place a monthly report on expenditures was signed Friday by U.S. Bankruptcy Judge Burton Lifland in Manhattan. The order applies to a $2.5-million settlement the U.S. government will give Ruth Madoff as part of a deal in her husband's criminal case. Trustee Irving Picard sued Ruth Madoff last week, seeking the return of $44.8 million allegedly transferred to her from Bernard Madoff's firm over a six-year period.
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.
June 30, 2009 |
Ruth Madoff issued this statement after the sentencing Monday of her husband, Bernard: I am breaking my silence now, because my reluctance to speak has been interpreted as indifference or lack of sympathy for the victims of my husband Bernie's crime, which is exactly the opposite of the truth.
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.