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Press Releases

Madoff victims' recovery tops $9.7 billion with new payout

Feb 2- Bernard Madoff's victims will soon recoup another $252 million from the trustee unwinding the swindler's firm, boosting their total recovery to $9.72 billion. This included money from a settlement with the family of Stanley Chais, who prior to his 2010 death managed money for Hollywood clients like director Steven Spielberg, and was accused by Picard of...

Source: Reuters

Everything I learned about investing I learned while crying

James Altucher recounts his step-by-step process of learning how to trade.


Madoff victims cannot sidestep $7.2 bln settlement -U.S. judge

NEW YORK, Jan 25- A federal judge has blocked litigation that the trustee liquidating Bernard Madoff's firm said could undermine a $7.2 billion settlement meant to benefit the Ponzi schemer's former customers. District Judge Gregory Woods in Manhattan said A&G Goldman Partnership and Pamela Goldman cannot pursue a Florida lawsuit to recover $11 billion...

Source: Reuters