Bernie Madoff

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Independent financial fraud investigator Harry Markopolos said GE’s cash situation was “far worse than disclosed in their 2018” annual report. Photograph: Jay Mallin/Bloomberg via Getty Images

General Electric shares bounced back on Friday after a brutal rout on Thursday as Wall Street analysts defended the industrial conglomerate against al(...)

Photograph: Mike Blake/Reuters

An accounting fraud “bigger than Enron and WorldCom combined” is hidden inside General Electric, according to the financial investigator who sounded t(...)

Bernard Madoff’s company had engaged in a $65 billion (€57.5 billion) Ponzi-type investment scam that evaded detection for decades. Photograph: Mario Tama/Getty Images

The liquidators of two foreign investment firms that were found to be insolvent after jailed fraudster Bernie Madoff’s Ponzi scheme was discovered are(...)

An employee of Lehman Brothers carries a box out of the company’s HQ building (background) while dodging the media assembled outside on September 15th, 2008, in New York. Photograph: Chris Hondros/Getty Images

This Saturday, September 15th, marks the 10th anniversary of the collapse of Lehman Brothers. The biggest corporate bankruptcy in history, Lehman’s fa(...)

The court ruled that SPV Osus Ltd, a special purpose vehicle which had in 2011 been assigned a cause of action arising from the scandal surrounding US fraudster Bernie Madoff (above), cannot proceed with its case here because the assignment “very clearly involved trading in claims” and was thus void under Irish law. Photograph: Hiroko Masuike/Getty Images

The Supreme Court has said legislation needs to be urgently enacted to address mounting difficulties with securing access to justice in the civil cour(...)

Companies can expect a spike in applications for personal data from May 25th next, when the EU General Data Protection Regulation comes into effect, says Greg Deane of Advanced Discovery.

A “sharp spike” in applications from people wanting access to their personal data should be expected from May 25th next, the director of a new e-disco(...)

Sound financial navigation can be the difference between bliss and monetary misery. Photograph: Getty Images

The best kind of investment advice for €88.5 million is not to invest it at all. At least not in the beginning. Financial advisers would urge the lu(...)

 Bernie Madoff: “He stole more money than anyone in history, and to other thieves, this makes him a hero.” Photograph: Shannon Stapleton/Reuters

Donald Trump doubters are not the only ones sceptical about the sustainability of the ongoing bull market. Stocks are expensive: can they get even pri(...)

England captain Martin Johnson shouts at an IRFU official after his team lined up on the wrong side before the start of the 2003 Six Nations rugby clash with Ireland in Dublin. Photograph Patrick Bolger/Inpho

The story is a familiar one. England are in the Lansdowne Road dressing room having a talk before their match against Ireland in the 2003 Six Nations(...)

Limiting the downside doesn’t mean investors can’t enjoy decent upside, according to David Conlon of Merrion Investment Managers

Like hedge funds, absolute return funds aim to protect investors from the serious downside associated with difficult market environments. But limiting(...)

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