Tag Archives: jeffrey-tucker
Hedge fund manager may sell farm after being stung by Madoff
Reuters – Many gamblers have been forced to sell financial assets to cover bets on horses, but it is less common for a lover of thoroughbreds to sell a farm because of bad bets on investments. But that may be […]
Hedge Fund Honchos Burned in Scam Start Fire Sale
New York Post – The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a slew of lawsuits, sources told The Post. Walter […]
RBS Faces Losses After US ‘Fraud’
Ananova – Royal Bank of Scotland says it is facing a potential loss of £400m after a Wall Street banker was charged with a massive alleged fraud. US prosecutors say Bernard Madoff has confessed to defrauding investors of $50bn (£33bn) in […]