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Video: Madoff’s Belongings to Be Sold at Auction on Saturday

by on November 11, 2010

Nov. 11 (Bloomberg) — The U.S. Marshals Service on Saturday is auctioning almost 500 lots of clothing, furniture, jewelry and knickknacks recovered from Bernie Madoff’s former Manhattan penthouse and Montauk, New York, beach house. It has a total presale estimate of $1.5 million to $2 million. Margaret Brennan reports on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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Video: Madoff’s Belongings to Be Sold at Auction on Saturday

Madoff Apartment Goes Into Contract: Unknown Buyer Purchase Madoff Penthouse (PHOTOS)

by on February 8, 2010

After nearly five months on the market, Bernie Madoff’s penthouse apartment has gone into contract . The swanky Upper East Side pad was originally listed for $9.9 million back in September, but was later cut to $8.9 million. No word yet on who purchased the 133 East 64th Street apartment. CHECK OUT THE PONZI KING’s LAIR:

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Madoff Apartment Goes Into Contract: Unknown Buyer Purchase Madoff Penthouse (PHOTOS)

Video: Saab Loyalists Seek to Preserve 72-Year-Old Brand: Video

January 7, 2010

Jan. 8 (Bloomberg) — Bloomberg’s John Cookson reports on the history of General Motors Co.’s Saab unit and fans’ efforts to preserve the brand. Formula One tycoon Bernie Ecclestone and partner Genii Capital emerged as a rival to Dutch super-car maker Spyker Cars NV in making last-ditch efforts to buy the 72-year-old Saab brand from GM. (Source: Bloomberg)

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Housing In 2010 (Forbes)

December 31, 2009

Christopher Hyzy, Paul Maidment, Bernie McSherry and Carol Pepper discuss the housing sector’s outlook in 2010.

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Video: Madoff Associate Found Dead

October 26, 2009

The man who benefits more from Bernie Madoff Ponzi scheme is found dead. (Bloomberg News)

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Brookes takes Myer roadshow to New York

October 18, 2009

MYER’S chief executive, Bernie Brookes, will visit the US east coast this week to exhort leading fund managers and institutional investors to take a slice of the department store before its float on November 2. He will appear before professional

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Sen. Bernie Sanders: The Dow and the Down and Out

October 16, 2009

Track Bernie on Twitter and the “Senator Sanders Unfiltered” weekly webisode on Facebook . While markets surged past 10,000, the official unemployment rate stood near 10 percent. The United States is in a unique historical position. People on top are doing extraordinarily well, but in the real world the middle class is collapsing. The top 1 percent owns more wealth than the bottom 90 percent. CEOs of large corporations earn 400 times what their workers make. That is not what America is supposed to be about. With all the issues we are dealing with — from health care to global warming to wars in Afghanistan and Iraq — please do not forgot what is happening to tens of millions of our brothers and our sisters out there who are struggling hard to keep their heads above water. Senator Sanders Unfiltered is a weekly web program produced by Brave New Films . Submit your own video question for next week’s show here . Stay up-to-date with the goings on in the Senate by signing up for the Bernie Buzz newsletter and joining his Facebook page today. Take our most recent web poll here.

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Greener pastures

September 13, 2009

… and Orlando — cities synonymous with the real estate bubble — looking for deals on ready-to-build … acquire properties, because you can often find distressed properties at low prices,” said Bernie Markstein, …

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Okun Sentenced to 100 Years for Defrauding Clients of Millions of Dollars Held in 1031 Exchange Trusts

August 26, 2009

Before there was Bernie Madoff, there was Edward H. Okun, the former owner of The 1031 Tax Group LLP. Now Okun, like Madoff, has been sentenced to a century in prison for his leading role in a scheme to defraud and obtain approximately $126 million in…

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First Madoff Interview: Can’t Believe I Got Away with It

July 28, 2009

In his first prison interview, a buff-looking Bernie Madoff said he couldn’t believe he got away with his massive Ponzi scheme for so long. “There were several times that I met with the SEC and thought ‘they got me,’” Madoff told Joseph Cotchett, a San Francisco lawyer threatening to sue his wife, sons and brother on behalf of a group of victims.

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