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Ruth Madoff got $2M from husband’s UK office

By Carol Eisenberg   |   March 27, 2009 at 2:05pm   |   0 Comments

British investigators said Friday that Ruth Madoff got a $2 million payment from the London division of her husband’s securities firm just weeks before he was arrested for securities fraud.

Is the noose tightening around Peter Madoff?

By Carol Eisenberg   |   March 26, 2009 at 12:36pm   |   1 Comments

The younger brother and business partner of convicted felon Bernard Madoff is under increasing scrutiny from investigators, as well as from victims of the $65 billion fraud.

Math whiz James Simons scores top spot on Alpha’s list

By Carol Eisenberg   |   March 26, 2009 at 10:06am   |   2 Comments

There’s a reason they’re called Masters of the Universe. The 25 top hedge fund managers took home a sweet $11.6 billion last year, even in a time of tightening credit and falling stock prices which shuttered many less-nimble funds.

Stanford Financial Group’s No. 2 is cooperating with feds

By Carol Eisenberg   |   March 24, 2009 at 2:41pm   |   0 Comments

The turnabout by James M. Davis, a director and chief financial officer of Stanford Financial, is a potential breakthrough for prosecutors pursuing an alleged $8-billion Ponzi scheme run by Texas financier R. Allen Stanford.

Edelman ranks (again) as largest independent PR firm

By Carol Eisenberg   |   March 24, 2009 at 10:45am   |   0 Comments

While some agencies still sell a press-release and media-outreach service, Edelman has managed to outpace the competition, at least in part, through pioneering use of new media.

JPMorgan Chase to spend $138M on jets, hangar redesign

By Carol Eisenberg   |   March 23, 2009 at 2:41pm   |   0 Comments

JPMorgan Chase, which accepted $25 billion in bailout funds, is moving ahead with plans to spend $138 million for two luxury corporate jets and the renovation of an aircraft hanger just north of New York City.

Tribune, Warren Beatty battle over rights to Dick Tracy

By Carol Eisenberg   |   March 23, 2009 at 7:26am   |   0 Comments

It appears that the financial fate of the sprawling Tribune media empire may hinge on the company’s rights to a 78-year-old comic book character.

Citigroup to spend millions to renovate executive offices

By Carol Eisenberg   |   March 19, 2009 at 12:50pm   |   0 Comments

Citigroup Inc., which has taken billions in taxpayers money to stay afloat, plans to spend an estimated $10 million on new offices for Chief Executive Officer Vikram Pandit and his top lieutenants.

AIG gave $1M-plus ‘retention’ bonuses to some who left firm

By Carol Eisenberg   |   March 17, 2009 at 4:16pm   |   2 Comments

New York Attorney General Andrew Cuomo revealed that American International Group Inc. gave bonuses of $1 million or more to 73 people in its Financial Products subsidiary, the unit largely responsible for the company’s meltdown.

Bill Clinton ends relationship with Burkle’s Yucaipa Cos.

By Carol Eisenberg   |   March 17, 2009 at 9:25am   |   0 Comments

The former president has unwound his high-profile business relationship with his friend Ronald Burkle’s Yucaipa Cos., including a politically sensitive partnership tie to Dubai.

Feds to go after Ruth Madoff’s money too

By Carol Eisenberg   |   March 16, 2009 at 12:41pm   |   1 Comments

Authorities plan to go after more than $100 million in real estate, cash, art, autos, boats and other property owned by Ruth Madoff and her husband Bernard Madoff, who pleaded guilty last week to running the largest Ponzi scheme in history.

Madoff ordered to jail after pleading guilty

By Carol Eisenberg   |   March 12, 2009 at 11:47am   |   0 Comments

Disgraced Wall Street trader Bernard Madoff was sent to jail Thursday after pleading guilty to all 11 charges against him, and expressing shame and sorrow for bilking investors of nearly $65 billion.

Prince Charles burnishes green credentials

By Carol Eisenberg   |   March 11, 2009 at 4:51pm   |   0 Comments

Call him the Green Prince. Britain’s heir apparent is on a 10-day tour of Latin America to promote measures to combat climate change.

Charges against Madoff leave many unanswered questions

By Carol Eisenberg   |   March 11, 2009 at 12:46pm   |   0 Comments

Barring a change of heart, Bernard L. Madoff will plead guilty tomorrow to running a massive Ponzi scheme for at least a quarter century that defrauded thousands of people in virtually every corner of the globe.

Chas Freeman withdraws name for Intel chief

By Carol Eisenberg   |   March 10, 2009 at 4:51pm   |   0 Comments

Veteran diplomat Chas W. Freeman Jr. has removed himself from consideration to head the National Intelligence Council as a result of criticism of his remarks about Israel and his entanglements with Saudi Arabia and China.

Eli Broad still mulls saving newspapers

By Carol Eisenberg   |   March 10, 2009 at 3:23pm   |   0 Comments

Is the billionaire philanthropist considering another run at the Los Angeles Times?

Madoff aide said to have ordered up fake trading tickets

By Carol Eisenberg   |   March 9, 2009 at 12:21pm   |   0 Comments

Annette Bongiorno, a longtime aide to accused swindler Bernard Madoff, allegedly instructed assistants to create bogus trading tickets which were used to mislead investors, according to the Wall Street Journal.

FCC pick Genachowski is longtime Obama friend, adviser

By Carol Eisenberg   |   March 4, 2009 at 6:04pm   |   0 Comments

He is a law school friend of Obama’s and a successful, high-tech entrepreneur who looks to expand broadband service to rural and underserved areas, and to promote an open Internet and diverse media ownership.

Google’s top execs get $6 million in bonuses

By Carol Eisenberg   |   March 4, 2009 at 10:30am   |   0 Comments

Google engineers may have gotten smartphones rather than cash bonuses last year, but not so the company’s top executives.

David Simon returns to police beat

By Carol Eisenberg   |   March 4, 2009 at 9:12am   |   1 Comments

He may have left the Baltimore Sun many years ago, but Emmy-Award winning writer David Simon still burns with righteous indignation over the injustices of urban life.


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