(SAN FRANCISCO) — A former high-tech executive convicted of defrauding investors of at least $30 million on Monday was given one of the harshest sentences meted out in a white-collar criminal case.
President Obama just affixed his signature to the JOBS Act in a public signing ceremony you may have caught on CNN. The Jumpstart Our Business Startups Act, which passed both houses with bipartisan support, sounds like a win for everyone: It clears away red tape and makes it easier for small businesses to raise money [...]
Madoff says his Ponzi scheme was known by others (Photo: U.S. Marshals/REUTERS) Nearly two years ago, just months after the Madoff scam was revealed, TIME.com wrote a story questioning whether JP Morgan Chase was hiding evidence that it knew of the Bernie Madoff Ponzi scheme. Now it appears, Bernie Madoff is making the same accusations. [...]
