Wall Street's most infamous: Where are they now?
Bernie Madoff, Michael Milken and 'Crazy' Eddie are just three examples of businesspeople who gamed the system, bent the rules or just ran off with the money. Here's what happened to them.
What a shame you put Martha in here. She was railroaded. There are so many deserving individuals that belong in. to begin with the entire us congress and senate. 75% of the ceo's of american corporations.
These people steal money from us everyday and are never jailed.
Wow everydaysmoe.........you are assuming too much, please. I never said that Martha Stewart was an angel and I did not say that she didn't do anything wrong. I just said she did not deserve being compared to the other criminals she was listed with on the author's column.
My concern is not really with Martha or even you not agreeing with me. You have the right to do that. My concern is with the author of the article having so much influence with readers. Some people believe everything they read and never question judgments or possible motives of those writing the articles.
I was just expressing my opinion....that's all, but thanks for the reply.
Tell me why Obama's friend, Jon Corzine, did not go to prison. He was in charge of MF Global and and lost billions of investors money. And when I say 'lost', I do not mean stock crashes. The money just 'disappeared'.
And what about Franklin Raines, who fudged accounts in Fannie Mae, getting 96 million in 6 years....using part of that to buy the patent to the Global Warming Carbon Tax scheme... (see why that crowd is forcing 'climate change' propaganda on us...they are lying in wait to tax us for trillions). Raines later had to pay back 24.7 million to the government's oversight agency. But still got to keep his 75 million.
Insider Training by Congress - more. I can still see Nancy Pelosi on TV when a reporter asked her ad hoc about her own insider trading allowed by Congressional members and staff. She went dead white and began stuttering. It was hilarious. She and her husband's total worth was about 3.5 million only 3 years before that and by the time of this question they had over 13 million in wealth. Ya, time to cr*p yourself, and half the Congress too, both GOP and Dems alike. You didn't see House Leader Boner (phonic pronunciation) asking for an investigation of Dems, or even ever mentioning it, did you. Together they quickly reversed the bill hoping that would prevent any further questions. IT WORKED! But the place is still crawling with rats. I recommend we demand a least two additional political Parties. The two Party system is broken beyond saving.
I agree with David Burton. I think the author of this article is lumping folks wrongly into a single category. The definition of a criminal in this day and time is just plain wrong. We tend to pick and choose who gets to be punished and picked on. Take a look at congress and the people we have in office and then ask yourself about the definition of a criminal. So many issues with them go under the radar screen with their "inside" information making millions off the backs of you and me the common tax payer. How is that not a crime? How is it not a crime for employees of the Federal Government to spend our tax dollars on purported "research" when in fact in may cases some scientist just wants a new toy in their laboratory- so WE pay for it. I've seen it happen - and reporting it up the food chain does no good. The Government does what it wants to do to who it wants to do it to. If you have a target on your back placed there by the Federal Government, you can bet they will find a way to get an arrow stuck to it.
I am no fan of Bernie Madoff but I do think Martha Stewart got a totally raw deal and regardless of what some may think she is, in my opinion she is NOT a criminal.
Why not answer the questions instead of having to go to another website? You lost me here.
The term 'criminals; to me, also includes those not actually convicted. Like some in our current administration,lol. Actually, Im tired of all these pieces about 'Walll Sreet" and the other 'rich crooks' stories...There are 'crooks'in every field. Some rich are crooks, most are not. More non rich are criminals,somearenot. Why not do a story about the geniuses, the honest of Wall street who helped bail out the auto industry and the banking industry when the government went to THEM to ask for help...why no more stories about Buffet who was one of those just mentioned...and the other giants who have privately helped to save our economy more than once and never claimed credit (read about it-those government 'bailouts were in big part made possible by the most powerful on WallStreet-they made the bail outs possible- didn't want to doit, but knew it would affect world economy and all of us if they didn' tsothey poinied up bog time.Thank these Wll streeters for getting usout of those messes-not thegovernment..)..or why no stories on those who are giving away more than 50% of their wealth to chairty (Buffet up to 99%-look up the 'Giving Pledge"), or the many who contribute more money to good causes tha you or I could ever begin to imagine. To me, this story just reinforces the steroetype made so popular by Michael Douglas's 'Wall Street" movie: all on Wall Street are crooks-translation: ALL rich are crooks. MSN LOVES to do 'lets hate the rich' stories. Especially when they don't have to do any real journalistic work to write them. How about some stories on crazy, vicious, brutal, non-famous-non Wall St., murderous 'criminals' we see destroy lives in action daily and the mental illness and abberations that drive them-and how about consulting a panel of experts to look at ways might identify and prevent them from growing into monsters while young-your average violent 'criminal's is MUCH more a threat to society than Martha Stewart/Wall St types-in sheer numbers alone.. But a story like that would require real research, study and expert opinions...and would be a serious attempt at fixing our violence problem...and what fun is that when you can put Martha Stewart:' criminal' in a in a headline in 5 minutes and guarantee a juicy healine??? My own fault, I said I'd never read MSN 'news' again...it isn't real news, just more sensational fluff...ah,well,tommorows another day...
Yeah, so what... And the US Government is a 2Trillion dollar/year extortion, fraud and racketeering business that is over 15 Trillion in debt that wastes over 50%of what it muscles in, employs 90% non-essential personnel and is run by a bunch of idiots and socialist money grifters who couldn’t run a lemonade stand.
Congress is the biggest den of thieves, graft, and corruption that dwarfs any Wall Street, Corporate or private banking scandal that has ever occurred in our country’s history!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages punctuated a solid week with a subdued Friday session. The S&P 500 shed 0.2% to narrow its weekly gain to 1.7%, while the Nasdaq Composite (+0.1%) displayed relative strength. The tech-heavy index finished the week in line with the benchmark average.
Market participants went into today's session expecting to hear some new insight from Fed Chair Janet Yellen, who delivered the keynote address at this year's Jackson Hole Symposium. Unfortunately, the ... More
More Market News
These companies won't soar like other plays in the sector, but they make for great income sources.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'