About 23,000 people around the world are going to have a happy new year courtesy of the Department of Justice. The DOJ is paying out $131.4 million to victims of Bernie Madoff and his Ponzi scheme. With the Justice Department’s steadfast support, the FBI will continue its tireless seizure of assets from criminals who steal from others and seek to …
NEW YORK — A whistleblower who warned regulators about Bernard Madoff’s Ponzi scheme is now accusing General Electric of misleading investors, sending the company’s stock on a downward spiral. In his report, Markopolos suggests that an accounting rule change for insurance liabilities and a significant lack of reserves to cover long-term care liabilities will push GE to take a $29 …
