Jun 29 2009 | 11:41am ET
Bernard Madoff, the mastermind of what is thought to be the largest Ponzi scheme in history, was sentenced to 150 years in prison, the maximum allowable under law.
U.S. District Judge Denny Chin imposed the sentence at a hearing in Manhattan federal court today, rejecting Madoff’s claims that he “has done all that he could do or told all that he knows.”
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…