Wall Street Folly

Henry Kravis has Warren Buffett envy; A year later Madoff “is the godfather, the don” behind bars; Goldman cash bonuses will make bottom line look nicer; UK hedge funds not part of supertax; Lawyers scramble to find supertax loopholes; Moody’s says U.S., UK not threatened with downgrades (yet); Ex-UBS banker is a fugitive; Merrill squawk box broker gets probation

Posted by WSF On December - 11 - 2009

  • Bernie Madoff, the $19B Con, Makes New Friends Behind Bars
  • Buyout Pioneer Kravis Aims to Remake KKR Like Buffett
  • Goldman Sachs Bars Cash Bonus for Top Officers
  • Goldman Sachs Stock Bonus Plan to Defer Compensation Expense
  • UK: Revenue to clarify bonus rules
  • UK: Lawyers search for loopholes in supertax
  • Moody’s Analyst: No Threat To US, UK Triple-A Ratings Now
  • Ex-UBS Banker, Swiss Lawyer Declared U.S. Fugitives Read the rest of this entry »

Tags: , , , , , , , , , ,

Bonuses, Compensation, Goldman Sachs, Hedge funds, Legal

Ex Bear Stearns President Warren Spector’s Greenwich Village co-op goes for $8M; Scammer Marc Dreier’s NYC crib going on the auction block; London no longer on the top 10 most expensive cities’ list

Posted by WSF On July - 7 - 2009

  • Warren Spector’s Penthouse crib sold for $8M
  • On the auction block: Scammer Marc Dreier’s condo
  • London pushed off of the top 10 most expensive cities’ list Read the rest of this entry »

Tags: , , ,

Bear Stearns, Real Estate, WSF

Home sweet home no more: The upper east side co-op that Ruth Madoff must vacate and that Bernie won’t ever see again

Posted by WSF On June - 30 - 2009

The NY Daily News has given us a glimpse of how Bernie and Ruth Madoff lived:

Read the rest of this entry »

Tags: , , , , ,

Bernie Madoff, Legal, Real Estate, Scandal, WSF

More Bernie associates expected to go down — will that include family?; Bernie’s facing harder time than Worldom, Enron execs; Bernie hired a prison consultant experienced in navigating the big house; There’s a little joy in Palm Beach; New Florida law; Text of Bernie, Judge Chin, Ruth Madoff statements

Posted by WSF On June - 30 - 2009


Read the rest of this entry »

Tags: , , , , ,

Bernie Madoff, Legal, WSF

Ruth Madoff Stripped down to cash of only $2.5 million. Now where to live. No one wants to rent to her

Posted by WSF On June - 29 - 2009

Poor poor Ruth Madoff. Literally. She’ll be giving up $80 million in assets, including her upper east side co-op. She’ll be able to keep roughly $2.5 million in cash.  While most people could do well with that kind of dough, it’s gonna be kind of hard for old Ruthie to maintain her formerly accustomed lifestyle. (Cue violins.) It’s not even clear if she’ll get to keep all of that money. Civil suits and legal expenses could certainly eat up a big chunk.(Cue whole orchestra.)

But now Bernie’s missus has another problem. Given that she’ll have to vacate her current crib, where will she go? That could be kind of a problem when no one wants to rent to you. Seems like the name Madoff comes with a certain amount of baggage, as does her maiden name, Alpern, which she’s been using to try to fool landlords.  So far, no luck.  According to the NY Post: Read the rest of this entry »

Tags: , , , ,

Bernie Madoff, Legal, Scandal, WSF

Video: Allen Stanford’s perp walk

Posted by WSF On June - 25 - 2009

Allen Stanford made his way to court this morning, cuffed and dressed in the classic orange jump suit.  He’s pleaded not guilty.  The big question: will he get bail?

Here’s the perp walk, courtesy of FBN:

Tags: , , , , , ,

Videos, WSF

VIDEO

TAG CLOUD

RECENT

Sponsors

Contact Us | Twitter ID | RSS | Feedblitz

Tags

  • Charles Tyrwhitt wine.com Apple iTunes

Twitter