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I love my job. There's a certain thrill that comes with investing, making a good call and enjoying the big profits. But I also take it seriously. Very seriously. Being a financial advisor carries a great deal of responsibility. After all, investors are counting on me to make smart decisions with their money, which they may need to live on, for retirement, a college education, or maybe a dream vacation.So when I see a frothy market, I have a mixed reaction. On the one hand, it's a great time to be an investor and grow your wealth. On the other hand, when a market goes up the way this one has, the seedy side of the business tends to rear its ugly head all too frequently. People don't want to miss out on the gains they're hearing about, and there's a certain group of "professionals" that are more than happy to "help." Unfortunately, these professionals are ignorant at best and oftentimes downright fraudulent, and they take unsuspecting investors for practically everything they've got.I re...
FBN's Rich Edson reports on Harry Markopolos who is testifying before Congress today that the SEC should have seen the fraud that Bernard Madoff is accused of committing.
First on FOX Business: An interview with Neil Chelo, who worked with Madoff whistleblower Harry Markopolos on uncovering the Madoff fraud.
Citigroup Inc saw several red flags in the dealings of Bernard Madoff's firm years before his multibillion-dollar fraud was exposed in late 2008, the firm's liquidat...
Madoff Whistleblower Harry Markopolos weighs in on the future of financial regulation and how to prevent another major Ponzi scheme.
February 10, 2009 12:42 PM Why TARP Is Now a Four-Letter Wordby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome No votes yetComments »The US Treasury a...
February 10, 2009 12:42 PM UTC by Elizabeth MacDonaldWhy TARP Is Now a Four-Letter WordThe US Treasury and the Federal Reserve have just taken out the bazookas in th...
Neil Chelo on Bernie Madoff
Rep. Scott Garrett on the Madoff Hearings.
SEC at Fault
The SEC was warned of Madoff for years.
Whistleblower testimony
January 05, 2009 4:40 PM The Best and Worst Executive Awards of 2008by Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome No votes yetComments »Your votes...
Today marks the four-year anniversary of when Bernard Madoff's multi-billion dollar heist was exposed. Fortunes were shattered and lives were lost. Yet, mis-reportin...
The tale of Dallas attorney Spencer Barasch has two versions.The official government version: As head of the Fort Worth regional office of the Securities and Exchang...
Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for curr...
Bank of New York Mellon was sued on Tuesday by New York federal and state prosecutors who accused the bank of cheating clients in foreign exchange transactions.In tw...
By Sarah N. Lynch and Matthew GoldsteinWASHINGTON/NEW YORK (Reuters) - For more than three years, U.S. securities regulators investigated allegations of accounting f...
Madoff Whistleblower Harry Markopolos weighs in on the future of financial regulation and how to prevent another major Ponzi scheme.
FBN Exclusive: FOX Business obtains prepared testimony of Madoff-whistleblower Harry Markopolos .
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