Why failure is so important to career success
5 Stunning Stats
Dow tumbles 279 points as stocks nosedive globally
Fear & Greed
This e-cig tells your phone how much you smoke
Best In Tech
15 Questions With
Sex, Drugs & Silicon Valley
No more credit checks for NYC job seekers
Retire Your Way
24 Hours With
My Watch List
Mattel wants your toy ideas!
9 up-and-coming collectible cars
Mets owners settle with trustee in Madoff case
The owners of the New York Mets settle with Irving Picard, trustee in Bernard Madoff Ponzi case, for $162 million.
What the Mets knew about Madoff
Court-appointed trustee goes after the owners of the New York Mets to try and prove that they knew, or should have known, that Madoff was running a Ponzi scheme.
Mets suffer Madoff setback in court
Federal judge rules that court-appointed trustee's Madoff-related case against owners of New York Mets will go to court.
Judge tosses another claim in Madoff case
Federal judge dismisses Picard's case in $20 billion lawsuit against UniCredit and Austrian banker.
Mets owners get good news in Madoff ruling
Federal court ruling favors owners of New York Mets by upholding limitations on trustee in Madoff-related lawsuit.
Judge to Madoff investors: Tough luck
'Third party' victims who invested money in Madoff's Ponzi scheme through feeder funds are left in the cold again, rules district court judge.
Madoff trustee hatches $326 million deal with IRS
Trustee Picard reaches $326 million settlement agreement with IRS to claim false taxes Madoff paid to keep his Ponzi scheme going.
SEC disciplines eight employees over Madoff
The SEC disciplined eight employees for failing to detect Madoff's scam, the largest pyramid-style scheme in history.
Madoff investors sue JPMorgan for $19 billion
JPMorgan gets sued again, as Madoff investors pick up where trustee left off. New suit follows on the heels of federal judge's dismissal of trustee's suit on Nov. 2.
DeNiro's latest role: Bernie Madoff
Robert DeNiro set to portray Bernie Madoff as Madoff scandal gets the Hollywood treatment
JPMorgan and UBS score big win in Madoff cleanup
Federal judge dismisses Madoff trustee's $20 billion worth of lawsuits against JPMorgan Chase and UBS.
Victims frustrated by new attention to Madoff
New focus on Madoff and his family has victims irate and skeptical.
Madoff: I'm 'happier in prison'
Ponzi convict Bernard Madoff tells ABC correspondent Barbara Walters that he has no fear in prison, but he does have nightmares.
Madoff victims to get their first checks
The victims of Bernard Madoff are getting their first distributions of stolen funds.
Madoff payments to victims delayed
Victims with valid claims had been slated to get their first checks -- a total of $272 million -- on Friday.
Judge dismisses most counts in Mets' Madoff trial
Irving Picard, the trustee in the case, had alleged that the Mets' owners were willfully blind to the fraud.
More heat for former SEC general counsel in Madoff case
The SEC inspector general has referred David Becker to the Justice Department over conflicts of interest related to the Madoff Ponzi scheme.
Mets owners face Madoff trustee in court
Federal judge to hear arguments in Madoff trustee's $1 billion lawsuit against owners of the New York Mets baseball team.
Madoff trustee wants billions more from JPMorgan
The trustee is upping damages sought from $5.4 billion to at least $19 billion for the bank's alleged role in the Ponzi scheme.
Madoff's liquor cabinet up for auction
U.S. Marshals raided Ponzi schemer Bernard Madoff's wine cellar and is putting what was found on the auction block.
More Madoff victims closer to recovery
Trustee Irving Picard's firm and lawyers for feeder fund investors drop multi-billion claims against each other in mutual pursuit of funds lost to Ponzi scheme.
JPMorgan execs knew about Madoff, suit says
Bankruptcy court identifies John Hogan and Matt Zames as JPMorgan Chase employees who allegedly knew Madoff was operating a Ponzi scheme, which the firm denies.
Recovered Madoff money blocked by appeals
Madoff investors who were left in the cold by court-appointed trustee have appealed for a piece of the $7.2 billion Picower estate.
Mets' owners call Madoff trustee suit 'fiction'
In a court filing, Fred Wilpon and Saul Katz say the suit seeking $1 billion for profits taken from Madoff is an attempt to extract a 'huge settlement.'
Madoff trustee gets House subpoena
Oversight Committee wants information from trustee Irving Picard as it investigates SEC's use of chief counsel whose mother was a Madoff investor.
Madoff matter: SEC chief faces Congress' ire
SEC chief Mary Schapiro says she wishes that her chief general counsel, whose deceased mother was a Madoff investor, had recused himself from the Ponzi scheme case.
Madoff trustee ready to distribute $2.6B to victims
Court-appointed trustee in Bernard Madoff Ponzi case plans to ask bankruptcy court at end of March to approve distribution of $2.6 billion to victims.
Madoff victims fire back: 'The man is a monster'
Investors in Bernard Madoff's Ponzi scheme react to prison interview calling victims "greedy" with a few choice words of their own - 'liar' ... 'monster.'
Madoff says his victims were 'greedy'
Bernard Madoff tells New York Magazine that his victims were 'greedy.' He calls the government a 'Ponzi scheme.'
Lawyers make millions off Madoff mess
Securities industry group pays $290 million to lawyers, including trustee Irving Picard, and consultants to track down Bernard Madoff's stolen assets.
Madoff: Banks 'had to know' about scheme
In New York Times interview, convicted Ponzi schemer says attitude was 'If you're doing something wrong, we don't want to know.'
JPMorgan to Madoff trustee: Back off!
JPMorgan Chase responds to $6 billion lawsuit from court-appointed trustee in Madoff case by claiming that he's out of bounds.
Mets' owners: $300 million in Madoff profit?
Suit alleges Sterling Equities, led by Wilpon and Katz families, were aware of concerns about what proved to be biggest Ponzi scheme ever.
Lawsuit: JPMorgan was warned on Madoff
A complaint filed against JPMorgan alleges that the bank harbored doubts about Bernie Madoff's activities, but failed to act until 2008.
Thanks to Madoff, you can buy a stake in the Mets
Mets owners place minority stake on the auction block while facing pressure from Madoff trustee's lawsuit.
Madoff victims win $7.2 billion from Picower estate
Bankruptcy court judge allows trustee in Madoff case to begin doling out seized assets to victims.
Madoff victims could soon get billions
Trustee hopes to loosen up seized assets early next year for distribution to victims.
Former Madoff aide surrenders in Florida
Annette Bongiorno, 62, turned herself in to the U.S. Marshals Service in Florida on Tuesday.
Recovery for Madoff victims at halfway point
Ponzi scheme investigators cross a major milestone in recovering half of the $20 billion stolen by Madoff.
Feds nab $7.2 billion for Madoff victims
Officials seeking compensation for victims of Bernard Madoff's Ponzi scheme unveil settlement with estate of deceased billionaire Jeffry Picower.
Bernard Madoff will not attend son's funeral - Attorney
Madoff will conduct a private ceremony where he is presently incarcerated, his lawyer said.
Mark Madoff death ruled suicide
Medical examiner rules Mark Madoff's death a suicide. Bernard Madoff's son took his own life on the two-year anniversary of his father's arrest.
Madoff ruined thousands, including his son
Two years after the arrest of Bernard Madoff, thousands of lives are devastated through destitution, lawsuits or suicide.
Madoff's son found dead in apparent suicide
Mark Madoff, son of Ponzi-schemer Bernard Madoff, apparently took his own life on the two-year anniversary of his father's arrest.
Madoff trustee sues accountants for $900 million
Court-appointed trustee accuses Frank Avellino, Michael Bienes, their wives, son Thomas Avellino and others of covering up Madoff's fraud.
Madoff trustee sues Austria banker for $19.6 billion
Court-appointed trustee accuses banker Sonja Kohn of being Ponzi scheme operator's 'criminal soul mate.'
Tough luck for Madoff feeder fund investors
'Third party' Madoff investors, like those who invested in feeder funds, are not eligible for SIPC protection or reimbursement from seized assets.
Mets owner sued by Madoff trustee
Mets owner sued by Madoff trustee, while another former client agrees to forfeit $625 million.
Another blow for Madoff victims
As the two-year anniversary of Madoff's arrest approaches, the court-appointed trustee files 'clawback' lawsuits against 388 victims.
Madoff trustee sues HSBC for $9 billion
Court-appointed trustee Irving Picard alleges that London-based HSBC aided massive Ponzi scheme despite being 'well aware' of the fraud.
Madoff trustee sues JPMorgan for $6.4 billion
Bank accused of aiding and abetting the largest Ponzi scheme in history.
Madoff kin and former workers sued for $69 million
Court-appointed trustee Irving Picard sues relatives and former employees of Ponzi schemer Bernard Madoff in bid to recover $67 million.
Madoff trustee sues UBS for $2 billion
Court-appointed trustee Picard accuses UBS of participating in Bernard Madoff's Ponzi scheme.
Madoff's daughter-in-law wants her name changed
Stephanie Madoff, daughter-in-law of Bernard Madoff, is changing the surname of herself and her kids to Morgan.
Madoff hunter: 'He's the lowest form of scum'
Harry Markopolos knew Madoff was running a scam within five minutes. The fraud investigator talks about going undercover and being an agent for whistleblowers.
Madoff moved back to prison cell
Convicted Ponzi schemer has been transferred back to his jail cell after 10 days in the medical center at his North Carolina prison.
Madoff transferred to prison medical facility
Ponzi schemer Bernard Madoff has been moved to the medical center at his Butner, North Carolina prison.
Madoff: Victim vs. victim
Some investors are getting enough compensation to get back on their feet -- others are out of luck.
Madoff's victims, one year later
A year after the Ponzi king was arrested, many of those he fleeced have yet to get their payback.
Madoff's Mets jacket sells for ... $14,500
Artifacts once owned by Bernie Madoff went on auction in New York on Saturday, pulling in almost a cool million.
Madoff's goodies: Going, going, gone
Disposing a lifetime of Madoff's acquisitions is a big job. Here's a status check of where the sales of his homes, his boats and his personal and household effects stand.
Madoff accountant to plead guilty
Friehling reaches deal in fraud case, prosecutors say; expected to plead guilty Nov. 3.
Madoff victims get half a billion ... and counting
Trustee still tallying assets and claims in Ponzi scheme. More than 2,000 investors withdrew more than they invested.
Madoff investor died after heart attack
Florida officials confirm that Jeffry Picower, named in trustee suit as a beneficiary of the Ponzi scheme, drowned after suffering massive coronary.
Madoff victims sue SEC for 'negligence'
Two who say they lost millions to the convicted Ponzi schemer accuse the regulator of failing to protect investors.
Madoff relatives sued for $199 million
Court-appointed trustee files suit against Madoff's sons, brother and niece, all of whom worked at the firm.
Madoff relatives may face $198 million suit
Court-appointed trustee plans to sue sons, brother and niece of convicted swindler - report.
Madoff Ponzi prosecutors: Still trying to tally loss
Judge Denny Chin drops his demand that prosecutor prove how much Madoff stole.
Madoff beach house sells big
The Ponzi swindler's Montauk getaway goes to a mystery buyer for more than its $8.75 million list price.
Senate grills SEC for 'colossal failure' on Madoff
Senate Banking Committee takes Security and Exchange Commission to task for failing to identify Bernard Madoff's $50 billion fraud.
Lawmakers grill SEC on Madoff
Senate Banking Committee holds second hearing on the Security and Exchange Commission's failure to identify Bernard Madoff's $50 billion fraud.
Madoff: Here's how to dodge SEC
In a taped phone conversation, the convicted swindler advised colleagues on how to sidestep questions from regulators.
Peek inside Madoff's homes and boats
U.S. Marshals are preparing Bernard Madoff's boats and homes in Florida and Manhattan for sale. CNNMoney takes a tour of the properties - and the boat with an elevator.
Madoff's Montauk home: Meet the broker
Montauk broker Joan Hegner is showing the most unusual property of her career: the vacation home where Bernie Madoff's fishing rods now sit idle.
SEC investigation: We missed Madoff
Securities and Exchange Commission watchdog says regulators missed 'numerous' red flags that suggested a Ponzi scheme was underway.
For Madoff's right hand, hearing ends in handcuffs
Judge denies bail for Madoff lieutenant Frank DiPascali despite his cooperation with federal prosecutors - and tearful courtroom confessions.
Ruth Madoff sued for $45 million
Court-appointed trustee claims Ruth Madoff has $44.8 million and wants her to turn it over for victims. Her lawyer says suit is 'perplexing.'
5 fraud probes you haven't heard of
Most alleged Ponzi schemers don't reach Madoff-like heights, but millions of dollars are still on the line.
Madoff arrives at N.C. prison
Federal prison bureau says financier who pleaded guilty to 11 counts related to running a Ponzi scheme has been transferred to a facility in Butner.
Madoff on his way to the slammer
The financier who plead guilty to 11 federal counts related to running his Ponzi scheme has left New York City.
Madoff: I'll do the time
Madoff, convicted Ponzi schemer, decided not to appeal his 150-year sentence, says lawyer.
Bernard Madoff victims: No satisfaction
Those who lost all to Ponzi schemer Bernard Madoff say 150 years isn't enough - they want their money back
Bernard Madoff: 'I will turn and face you'
In the courtoom, victims get a chance to tell their painful stories but just one moment to stare down the schemer.
What Ruth Madoff has to say
Wife of convicted swindler releases a statement after he is sentenced to 150 years in prison.
Madoff sentenced to 150 years
Federal judge gives maximum sentence to Ponzi mastermind following his apology and victims' request for life sentence.
Madoff's day of reckoning
The Ponzi mastermind faces maximum of 150 years in prison at his sentencing Monday as government strips him and his wife of their assets.
The man who gave Madoff the max
Denny Chin, who sentenced convicted Ponzi schemer to 150 years, is seen as a judge who can balance decorum with the need for the victims to have their say.
Prison survival tips for Madoff
Experts don't see a 'camp cupcake' for Madoff as they offer suggestions to keep out of danger.
Madoff says 12 years is plenty
71-year-old Ponzi fraudster faces a maximum of 150 years in the slam. His lawyer asks judge to consider 12 years - an 'effective life sentence.'
SEC charges 4 with helping Madoff
Agency claims that firms and executives recruited investors and fed money for giant Ponzi scheme.
Will Madoff ever leave prison alive?
Bernard Madoff faces a maximum sentence of 150 years. At age 71, he's unlikely to ever again see the light of day.
Madoff victims detail financial ruin
Investors burned by the biggest ponzi scheme in U.S. history outline the damage done by Bernard Madoff.
How Bernie Madoff did it
Madoff is behind bars and isn't talking. But a Fortune investigation uncovers secrets of his massive swindle.
How Bernie did it
Madoff is behind bars and isn't talking. But a Fortune investigation uncovers secrets of his massive swindle.
Judge blocks Madoff bankruptcy
One week after investors file papers seeking $64 million from the swindler, judge says there is probable cause his assets should be handed over to government.
Investors push Madoff toward bankruptcy
Judge approves the court filing by five investors seeking about $64 million over objections from SEC and US Attorney.
Madoff opening-day Mets tickets fetch $7,500
The price nearly doubled on eBay in the last minutes of the auction. Two season tickets, located in the Delta Club Gold section of Citi Field, are valued at $60,750.
The fraudster ate my homework
Madoff becomes the excuse du jour for overworked prosecutors in a ten-year-old art-restitution case.
Bernie Madoff's assets seized
Federal marshals took the disgraced financier's 55-foot boat called 'Bull,' a smaller boat and one of his homes in south Florida.
Investment firm charged in Madoff case
Massachusetts charges feeder fund Fairfield Greenwich with misrepresenting its dealings with convicted Ponzi schemer. Fairfield denies the allegations.
Madoff scandal hits Aspen
Dozens of families in this wealthy resort community fell victim to the massive Ponzi scheme. Losses in this small town alone could reach $1 billion.
A closer look at Madoff's web
A small network of connections helped to facilitate many of the investments.
Added insult to Madoff investors
Some people who got out of Bernard Madoff Investment Securities before it imploded may have to give back gains.
How'd Madoff do it? Why? 6 questions
Many of the details surrounding the Bernard Madoff scandal are still fuzzy. Here's what we need to know.
Did Madoff act alone?
It's hard enough to legitimately manage $50 billion. To falsify books and hide that big a sum, though, experts suggest Bernard Madoff had help. But who?
Madoff tentacles ensnare exchange
One of Madoff's nieces is married to Eric Swanson, a former SEC lawyer who was key to BATS Trading winning official exchange status.
Why they believed Bernie Madoff
Mr. Madoff was the head of NASDAQ. He was a man above reproach. He looked peerless in a suit. There was every reason to have confidence in him.
Why investors don't care about Madoff
You'd think an alleged $50 billion scam would be the final straw for the already fragile psyche of investors. But the market has largely shrugged off the scandal.
Madoff's auditor... doesn't audit?
The three-person firm that apparently certified Madoff's books has been telling a key accounting industry group for years that it doesn't conduct audits.
Madoff investors race to the courthouse
New York school sues Ascot Partners for entrusting investor money to Bernard Madoff. The case may be hard to prove.
SEC chief vows action on Madoff scandal
Cox says 'credible information' was brought to the watchdog over a period of 10 years, but no action was taken.
One Madoff charity goes unscathed
Several charities will be forced to shut down because of their investments with Madoff. But at least one with close ties to the family reports no unethical behavior.
Madoff's bail hearing canceled
Wife of alleged leader of Ponzi scheme surrenders her passport; Madoff subject to home detention and curfew as part of bail deal.
Who isn't a Madoff victim? The list is telling.
Although many smart people seem to have been taken in, one expert argues that anyone who really did their homework would have seen the warning signs.
70 years before Madoff, there was Whitney
Former New York Stock Exchange president Richard Whitney boasted a sterling reputation during the Depression, then became a symbol of Wall Street's betrayal of investors.
Madoff mess exposes fund ripoffs
Wealthy investors were paying funds-of-funds for what they thought was access to elite management. Instead, many found their money tied up in the alleged Madoff fraud.
Madoff mess: Another black eye for banks
Although Citigroup and other big U.S. banks haven't been hit in the Madoff scandal so far, this is another example of the sorry state of the financial industry.
Madoff investors burned by SEC, too
Regulators reviewed the fund and found nothing wrong. Hell-oo?! Plus, five ways to crook-proof your portfolio.
Madoff investors get reprieve
Federal Judge says investors in Bernard Madoff's fund may qualify for some protection. Moves case to bankruptcy court.
The real Ponzi behind the 'scheme'
Charles Ponzi's biographer contends that he was just a dreamer without a good exit strategy.
Scam victims: Finance giants count losses
List of potential victims in what is said to be a massive Ponzi scheme run by money manager Bernard Madoff continues to grow.
'Financial psychopaths' wreak havoc
The damage done in cases of Bernard Madoff and Marc Dreier doesn't end with investors.
Ex-Nasdaq chair arrested for securities fraud
Bernard Madoff was arrested Thursday and charged with operating a multibillion-dollar Ponzi scheme from his investment advisory business.
Madoff's London secrets
Minnesota's Madoff mess
Madoff blame game
Investing after Madoff
Madoff victim speaks out
What made Bernie Madoff tick
Avoiding the next Madoff
Madoff victim now penniless
Madoff: Lifestyles of the rich and infamous
Bernard Madoff, the man behind an alleged $50 billion fraud, has a yacht named 'Bull,' owns several luxurious homes and may even have had two private planes on call.