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december 2008 >> if you work at a trading desk stop what you're doing for one second >> reporter: bernie madoff>> the fbi arrested him this morning after he told employees yesterday his business was a giant ponzi scheme >> tonight as much as $50 billion is gone, vanished. >> reporter: for madoff clients around the world including celebrities like steven spielberg, kevin bacon and regular investors like bet greenfield who lost everything >> i kept saying this can't be, this just is not happening >> reporter: madoff confessed he hadn't made a single trade in years. critics like an investigator earned the ultimate i told you so >> i delivered the largest ponzi scheme in history to them and somehow they couldn't be bothered to conduct a thorough and proper investigation >> reporter: the stain of the madoff scandal forced a total makeover over at the sec >> i think there's a need for a refocus here on investor protection >> reporter: but the impact went much further bernie madoff may have done more to teardown investor confidence than any individual in history in 2009 he pleaded guilty to 11 crimina
december 2008 >> if you work at a trading desk stop what you're doing for one second >> reporter: bernie madoff>> the fbi arrested him this morning after he told employees yesterday his business was a giant ponzi scheme >> tonight as much as $50 billion is gone, vanished. >> reporter: for madoff clients around the world including celebrities like steven spielberg, kevin bacon and regular investors like bet greenfield who lost everything >> i kept saying this...
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. >>> plus, bernie madoff dead at 82, the helpers behind the vaccine bots, and how americans are spending their stimulus checks >> announcer: live from cnbc, the facts, the truth, the news with shepard smith >>> good evening, the police officer who killed dante unte wh is in jail tonight, arrested and charged with second degree manslaughter this is kim potter wearing an orange jumpsuit now instead of a uniform. potter's arrest comes just three days after she shot daunte wright during a traffic stop for expired tags in the minneapolis suburb of brooklyn center. tase him, tase him, tase him i just shot him. >> according to the police chief who has since resigned, potter thought she was firing her taser but drew her gun instead by mistake. we learned today from the prosecutor that potter's taser is yellow with a black grip and was holstered on her left side while her black handgun was on the right. so in order to draw her taser, she would have had to use her left hand, but as you can see here she shot and killed wright with her gun in her right hand we've seen three straight days and nights
. >>> plus, bernie madoff dead at 82, the helpers behind the vaccine bots, and how americans are spending their stimulus checks >> announcer: live from cnbc, the facts, the truth, the news with shepard smith >>> good evening, the police officer who killed dante unte wh is in jail tonight, arrested and charged with second degree manslaughter this is kim potter wearing an orange jumpsuit now instead of a uniform. potter's arrest comes just three days after she shot daunte...
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remember, shipping is always free. >>> bernie madoff, >>> bernie madoff, the architect of the largest today in prison he was 82. madoff's rise to the upper echelons of wall street caused the ripples of his downfall to reach far and wide, billions of dollars gone and countless of lives destroyed. here's cnbc's scott cohn. >> for more than 50 years he was famous on wall street, a big money manager, founder of his firm at age 22. >> the basic concept of wall street which sometimes the regulators lose sight of, as do the academics, is it's a for profit enterprise. >> reporter: he became chairman of the nasdaq, an authority on regulation. >> no one's going to run a benefit for wall street, so whenever i go down to washington and meet with the s.e.c. and complain to them that the industry is either over regulated or the burdens are too great, they all start to roll their eyes. >> reporter: but in december 2008. >> if you work on a trading desk, stop what you're doing for a second. >> reporter: bernard madoff became a household name. >> the fbi arrested him this morning after he told senior
remember, shipping is always free. >>> bernie madoff, >>> bernie madoff, the architect of the largest today in prison he was 82. madoff's rise to the upper echelons of wall street caused the ripples of his downfall to reach far and wide, billions of dollars gone and countless of lives destroyed. here's cnbc's scott cohn. >> for more than 50 years he was famous on wall street, a big money manager, founder of his firm at age 22. >> the basic concept of wall street...
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this is bernie madoff. > neil: it's reputation. >> yeah, they don't know about investing, those folks. they were relying on brokers that were banking on madoff not swindling because of what he was. his son-in-law was -- worked at the sec. if you thought about it, you would put your hands, could this guy be lying to everybody? a lot of people thought engaging in insider trading. he was so placid and calm. what i found fascinating about him and i did a bunch of stuff on foxbusiness.com and multiple hits with you about him, just how he was somewhat contemptible of his victims. it was like he didn't care. i mean, it was -- he had this air about him that you know what happened. i'm sorry. they got some of their money back. it was like -- in order -- >> neil: by the way, if we didn't have the financial melt down, this wouldn't have been discovered. it was piling on each other and paying off current investigators with prior investors. >> that's when a ponzi scheme is. >> neil: exactly. >> that's what people call bi
this is bernie madoff. > neil: it's reputation. >> yeah, they don't know about investing, those folks. they were relying on brokers that were banking on madoff not swindling because of what he was. his son-in-law was -- worked at the sec. if you thought about it, you would put your hands, could this guy be lying to everybody? a lot of people thought engaging in insider trading. he was so placid and calm. what i found fascinating about him and i did a bunch of stuff on foxbusiness.com...
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bernie madoff swindled billions of dollars from investors. larry kudlow on whether wall street has learned anything from the biggest ponzi schemer in history. and president joe biden officially ending combat operations in afghanistan, setting a deadline of veterans pulling out september 11th which marks, of course, the 20th anniversary of the horror that started it all. he is headed to arlington national cemetery in just moments. we will have a live camera there. >>> fox business alert, the cryptocurrency craze officially hitting critical mass, but what happens with coinbase shares in the next 58 minutes are also be critical. we're about, two and a half, three hours after opening at $381 per share, a 54% jump from its reference price, and then it spiked to a high of $429.54. you can see where we are now. $321. coinbase is still up 28%, but the hype around the debut of the crypto trading platform was unbelievable. propelling bitcoin itself above $64,000 ahead of today's open. we're now down $1,268 for the cryptocurrency of record. as the first
bernie madoff swindled billions of dollars from investors. larry kudlow on whether wall street has learned anything from the biggest ponzi schemer in history. and president joe biden officially ending combat operations in afghanistan, setting a deadline of veterans pulling out september 11th which marks, of course, the 20th anniversary of the horror that started it all. he is headed to arlington national cemetery in just moments. we will have a live camera there. >>> fox business...
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bernie made off-- madoff dies in prison at the age of 82. the man whose name came to mean ponzi scheme was serving time for swindling thousands of people out of millions of dollars. and the latest in france on the covid pandemic. 297 people have lost their lives over the past 24 hours. there were 43,500 new cases and 6000 people are in the icu with covid-19. thank you for being with us. joe biden has been outlining the timetable for the pullout of u.s. troops from afghanistan. he has confirmed that may 1 will signal the start of the process, which he says will be completed by the anniversary of the 2001 terror attack's, september 11. he said that the mission is complete. he says the reasons for staying are increasingly unclear, and the news is being digested in washington and in kabul. we have analysis of president biden's words. the mission accomplished, he says, includes killing some of bin laden and stemming to terror attack for the others say this has not been fully accomplished at all. the taliban is said to be considering their next mo
bernie made off-- madoff dies in prison at the age of 82. the man whose name came to mean ponzi scheme was serving time for swindling thousands of people out of millions of dollars. and the latest in france on the covid pandemic. 297 people have lost their lives over the past 24 hours. there were 43,500 new cases and 6000 people are in the icu with covid-19. thank you for being with us. joe biden has been outlining the timetable for the pullout of u.s. troops from afghanistan. he has confirmed...
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led with a story a few moments ago that bernie madoff had died in a federal prison a. p.ited sources that he died from natural causes that cnbc has now confirmed. jim, this gives us a moment here to reflect on not just the ponzi scheme he orchestrated and the incredible losses he created for his victims but the black eye that he gave financial services for a very long time >> yeah, i remember those days, i remember first discovering it, it was just shocking, because he had, i don't want say had a great reputation, but i know there were a lot of people who were with him, why because the returns were so incredibly good. and seemed a little bit out of whack with what you could get. david, i remember when jpmorgan tried to calculate whether you could actually earn what he did and they couldn't get to that. the fallout david was really remarkable you started thinking who do you trust? don't you think? >> yeah, and it came of course, remember, it was what december of '08, right? we were in the midst of the financial crisis already, and it was yet just another blow and of course
led with a story a few moments ago that bernie madoff had died in a federal prison a. p.ited sources that he died from natural causes that cnbc has now confirmed. jim, this gives us a moment here to reflect on not just the ponzi scheme he orchestrated and the incredible losses he created for his victims but the black eye that he gave financial services for a very long time >> yeah, i remember those days, i remember first discovering it, it was just shocking, because he had, i don't want...
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thank you, sam >>> his name became synonymous with unimaginable fraud and financial ruin bernie madoff, a wall street money manager who became infamous for running the biggest ponzi scheme in history, died today at a federal prison in north carolina madoff was serving 150 years for conning thousands out of tens of billions of dollars, causing staggering losses when his scheme was finally exposed in 2008. bernie madoff was 82 >>> now to our series "american extremism" and new insight in the shocking plot to kidnap michigan's governor tonight one investigator is speaking out for the first time about the roots of the conspiracy to our stephanie gosk >> reporter: angry protesters at the capitol confronting police and demanding to be let inside >> let us in >> reporter: but this isn't washington, d.c. this is lansing, michigan a year ago. a rally organized to protest covid restrictions with members of the state's militia groups openly taking part. what happened here was less violent than what took place at the u.s. capitol on january 6th. there were some scuffles and one arrest but accordin
thank you, sam >>> his name became synonymous with unimaginable fraud and financial ruin bernie madoff, a wall street money manager who became infamous for running the biggest ponzi scheme in history, died today at a federal prison in north carolina madoff was serving 150 years for conning thousands out of tens of billions of dollars, causing staggering losses when his scheme was finally exposed in 2008. bernie madoff was 82 >>> now to our series "american extremism"...
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the "associated press" reports on the death of bernie madoff, the mastermind of the largest ponzi schemehistory. madoff died yesterday at a federaroisna he was serving a 150-year sentence for swindling thousands of investors out of billions of dollars. he promised them huge returns, but in 2008, it was exposed as a massive fraud. last year his request to be released from prison early because of kidney disease was denied. bernie madoff was 82 years old. >>> "the new york times" says a black buffalo, new york, police officer was vindicated after she was fired for stopping another officer's choke hold on a suspect. in 2016, carrie horn pulled a white officer's arm from around the neck of a black handcuffed domestic violence suspect. she was fired in 2008. yesterday a state supreme court judge vacated a court order upholding her dismissal. horn will receive back pay and be allowed to collect her pension. the judge cited the cases of george floyd and eric gardner and the changing landscape around the use of police force. >>> and "the chicago tribune" says white house pitcher carlos rodan thre
the "associated press" reports on the death of bernie madoff, the mastermind of the largest ponzi schemehistory. madoff died yesterday at a federaroisna he was serving a 150-year sentence for swindling thousands of investors out of billions of dollars. he promised them huge returns, but in 2008, it was exposed as a massive fraud. last year his request to be released from prison early because of kidney disease was denied. bernie madoff was 82 years old. >>> "the new york...
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bernie madoff's health deteriorating in recent months. in a wheelchair, suffering from kidney disease. >> he was an aging, debilitated man who was in many ways broken at this point in his life. >> reporter: madoff died 12 years into a 150-year sentence. the disgraced financier defrauding thousands of investors. pleading guilty to the scheme, which unraveled shortly after the 2008 financial crisis. >> he's not only destroyed my life but he's destroyed the lives of thousands of people. >> reporter: madoff's wife ruth madoff, reportedly living quietly out of the public eye in connecticut and florida, always claimed she knew nothing. the fraud was ultimately valued at $17.5 billion. most of that, more than $14 billion, has now been recovered for the victims. david? >> whit, thank you. >>> when we come back, the new cdc study on the virus, airplanes, and the middle seat. saturdays happen. pain happens. aleve it. aleve is proven stronger and longer on pain than tylenol. when pain happens, aleve it. all day strong. ♪ ♪ ocean spray works with nat
bernie madoff's health deteriorating in recent months. in a wheelchair, suffering from kidney disease. >> he was an aging, debilitated man who was in many ways broken at this point in his life. >> reporter: madoff died 12 years into a 150-year sentence. the disgraced financier defrauding thousands of investors. pleading guilty to the scheme, which unraveled shortly after the 2008 financial crisis. >> he's not only destroyed my life but he's destroyed the lives of thousands of...
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before a financier and convicted fraudster bernie madoff has died in the u.s. federal prison aged $82.00 he was handed a 150 year sentence for defrauding tens of thousands of people for billions of dollars from the 1970 s. awards kristen salumi reports from new york. from a finance industry legend to a man the tabloids described as the most hated new york bernie madoff was convicted in 2009 of orchestrating the largest ponzi scheme ever it's virtually impossible to violate calls his promise to clients of 11 percent returns each year simply too good to be true instead vestment money from new clients was paid as profits to established ones all while eluding regulators for years don't forget also that the largest bank in the world j.p. morgan paid $2000000000.00 in fines because it turned a blind eye. and assisted for decades this ponzi scheme so it this isn't just some rogue individual this was at the heart of what of course became the 2008 financial crisis it's estimated the scheme cost his investors individuals and institutions nearly $65000000000.00 from celeb
before a financier and convicted fraudster bernie madoff has died in the u.s. federal prison aged $82.00 he was handed a 150 year sentence for defrauding tens of thousands of people for billions of dollars from the 1970 s. awards kristen salumi reports from new york. from a finance industry legend to a man the tabloids described as the most hated new york bernie madoff was convicted in 2009 of orchestrating the largest ponzi scheme ever it's virtually impossible to violate calls his promise to...
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. _ disgraced financier bernie madoff has died in a us prison at the age of 82.tence for running the largest ponzi scheme in american history, defrauding tens of thousands of people out of as much as 65 billion dollars. his victims included director steven speilberg, actor kevin bacon and ordinary everyday investors. the bbc�*s business correspondent samira hussain reports from new york. bernie madoff was very successful because he enjoyed a reputation for decades as being the self—made millionaire. and ultimately, even though his investment firm was investigated several times by regulators here in the united states, ultimately what altered all crumbling down was the financial crisis in 2008 when it became clear that he wasn't able to pay the investors the money that they were owed. it all came crashing down. $65 billion is what is estimated to be the amount that he actually deported some 37,000 people. that is the mirror has same talking about bernie madoff who has died in prison at the age of 82. the cryptocurrency firm coinbase, which runs a top exchange for b
. _ disgraced financier bernie madoff has died in a us prison at the age of 82.tence for running the largest ponzi scheme in american history, defrauding tens of thousands of people out of as much as 65 billion dollars. his victims included director steven speilberg, actor kevin bacon and ordinary everyday investors. the bbc�*s business correspondent samira hussain reports from new york. bernie madoff was very successful because he enjoyed a reputation for decades as being the self—made...
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convicted bernie madoff has died aged 82 in the u.s. federal prison. he pleaded guilty to orchestrating the largest ponzi scheme in american history. $1000000000.00 he was handed a 150 year sentence defrauding tens of thousands of people for the 1970 s. he died of natural causes according to an associated press source. that's point to the researcher at the london school of economics joins us live from london in the scale of his crimes was just extraordinary remind us what he did and how he did it you know it wasn't a massive he was offering a scheme taking money from investors and promising good rates of return but when the financial crash in the late 1980 s. apparently what happened is he could no longer generate the returns and then what happened is he created what you referred to in your introduction as a ponzi scheme which is you take money from new investors and repay the old investors with the new money you've taken in now that naturally in the end has to crash because unless the new money keeps coming in a sufficient rate you gradually run out o
convicted bernie madoff has died aged 82 in the u.s. federal prison. he pleaded guilty to orchestrating the largest ponzi scheme in american history. $1000000000.00 he was handed a 150 year sentence defrauding tens of thousands of people for the 1970 s. he died of natural causes according to an associated press source. that's point to the researcher at the london school of economics joins us live from london in the scale of his crimes was just extraordinary remind us what he did and how he did...
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the man behind the con, financier bernie madoff. image of a self-made financial group, eventually becoming the chairman of the nasdaq stock exchange. the ruse was in full swing in the 1990's. madoff fabricated profits, attracting new investors, while paying bigger returns to old ones, the biggest ponzi scheme ever. he swindled major charities, universities, and celebrities. as of last year, three quarters of the cash, some $14 billion, had been recovered by a court-appointed trustee and returned to victims. journalist diana henriquez, author of "wizard of lies," told "newshour" jeffrey brown in 2011 how madoff pulled off such massive deceit. >> you would never doubt your judgment about trusting madoff because madoff made you feel like you were a genius, too. he had that magic, it is amazing. stephanie: but in 2008, his magic words revealed for what it was, one big lie. his own sons turned him in. in march 2009 he pleaded guilty to securities fraud and other charges and was sentenced to 150 years in prison. bernie madoff died today i
the man behind the con, financier bernie madoff. image of a self-made financial group, eventually becoming the chairman of the nasdaq stock exchange. the ruse was in full swing in the 1990's. madoff fabricated profits, attracting new investors, while paying bigger returns to old ones, the biggest ponzi scheme ever. he swindled major charities, universities, and celebrities. as of last year, three quarters of the cash, some $14 billion, had been recovered by a court-appointed trustee and...
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reaction in pouring in from the business world from the death of bernie madoff.aud charges back in 2008 after scamming thousands of investors out of billions of dollars in the largest ponzi scheme in u.s. history. the cause of death has not yet been determined. he was 82 years old. joining us now, law professor at western new england university, jennifer taub. thank you so much for being here, you are the author of the book "big dirty money: the shocking injustice and unseen cost of white collar crime " which makes you the perfect person to talk to about this. just as a refresher, how did the bernie madoff ponzi scheme change wall street? >> what happened there, the scheme was revealed as you might remember in december of 2008 when he confessed to his brother and to his sons and then the following day they turned him in. and what it really created panic among not just the direct investors of his scheme, many of whom lost their life savings, foundations including that of holocaust survivor elie wiesel, completely decimated at that time, but it also, i think, stood
reaction in pouring in from the business world from the death of bernie madoff.aud charges back in 2008 after scamming thousands of investors out of billions of dollars in the largest ponzi scheme in u.s. history. the cause of death has not yet been determined. he was 82 years old. joining us now, law professor at western new england university, jennifer taub. thank you so much for being here, you are the author of the book "big dirty money: the shocking injustice and unseen cost of white...
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. >> o'donnell: death of bernie madoff.astermind of the largest ponzi scheme dies behind bars. plus, a young baseball fan's simple gesture, and what it can teach us all. this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. >> o'donnell: good evening to our viewers in the west and thank you for joining us. we're going to begin with breaking news that is justs that coming out of an emergency meeting at the c.d.c. tonight, the scientific committee that is advising the government on vaccines says it needs more time to evaluate the risks associated with johnson & johnson's coronavirus shot, that's essentially extending a nationwide pause on using the vaccine for at least another week. week. the f.d.a. and c.d.c. temporarily halted use of the single-dose vaccine nationwide tuesday after six women came down with an extremely rare blood-clotting disorder. one of those women died. the committee had been expected to lift that pause and issue new warnings about possible reactions to the vaccine. in
. >> o'donnell: death of bernie madoff.astermind of the largest ponzi scheme dies behind bars. plus, a young baseball fan's simple gesture, and what it can teach us all. this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. >> o'donnell: good evening to our viewers in the west and thank you for joining us. we're going to begin with breaking news that is justs that coming out of an emergency meeting at the c.d.c. tonight, the scientific...
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bernie madoff dead at the age of 82.mes, that is not going on here in the cryptocurrency arena. he was able to fool a lot of people for a lot of years and now he is gone. you covered that whole drama. >> i knew bernie before the ponzi scheme as a market-maker at madoff securities. i covered it extensively when it happened during the financial crisis when i was at brand x. when i was here i actually interviewed him several times. i did a bunch of stories for foxbusiness.com and a few other places. the interesting thing about bernie madoff, i never had a crossword to with i am to be honest with you. interesting thing, about neil, speaking with him, contempt for his victims. they will get money back. hey, they were pain in the ass customers. there was no feeling, there was no remorse. they're telling me i got to go. bear with me a little bit. there was literally no remorse out of his mouth, other than i'm sorry i caused it. he is a fascinating come part mentallization of his evil that i found. neil: on the stand, on the sta
bernie madoff dead at the age of 82.mes, that is not going on here in the cryptocurrency arena. he was able to fool a lot of people for a lot of years and now he is gone. you covered that whole drama. >> i knew bernie before the ponzi scheme as a market-maker at madoff securities. i covered it extensively when it happened during the financial crisis when i was at brand x. when i was here i actually interviewed him several times. i did a bunch of stories for foxbusiness.com and a few other...
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bernie madoff was 82 and sent to 150 years back in 2009 after pleading guilty to fraud, theft and other charges and before making his name on wall street he started an investment business. he served as head of the nasdaq in the 90s, and his list of clients grew to include high society and charities. in the end his fraud wiped out life savings and investors lost $65 billion. >>> final preparations are underway for prince philip's funeral on saturday and the royal military rehearsed its procession today and that funeral will be at st. george's chapel on the grounds of windsor castle. only 30 people will attend due to the coronavirus restrictions. meanwhile the queen has returned to her royal duties following the death of her husband. she attended a retirement ceremony for a senior royal official. princess and was seen in public for the first time since the death of her father last week. she dressed in black and sunglasses and visited the royal yacht club. >>> more local news ahead at 5:30. a major vaccine trial underway now on the peninsula. the bay area children helping pave the way on c
bernie madoff was 82 and sent to 150 years back in 2009 after pleading guilty to fraud, theft and other charges and before making his name on wall street he started an investment business. he served as head of the nasdaq in the 90s, and his list of clients grew to include high society and charities. in the end his fraud wiped out life savings and investors lost $65 billion. >>> final preparations are underway for prince philip's funeral on saturday and the royal military rehearsed its...
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volume but no problems on this drive. >>> we continue to follow breaking news for you this morning, bernie madofff was behind the largest ponzi scheme in history. he pleaded guilty to orchestrating it. he's believed to have died from natural causes in federal prison. bernie madoff was 82 years old. >>> brand new this morning, more corporations are putting their foot down over voting restrictions, amazon, google, even warren buffett. >> yes, buffett's company, berkshire hathaway, see's candy, geico, benjamin moore paint, dairy queen, many others. so the ceos of those companies, google, amazon, netflix, hundreds of others say they stand opposed to states changing their voting laws, restricting mail-in voting or reducing the number of days of voting. the governor of georgia said he signed georgia's new law to tamp down on voter fraud, but there was little to no voter fraud in georgia during the last election, and we know that because the governor of georgia who went on television and told us so. >>> you may remember major league baseball moved its all-star game out of georgia in protest. now three s
volume but no problems on this drive. >>> we continue to follow breaking news for you this morning, bernie madofff was behind the largest ponzi scheme in history. he pleaded guilty to orchestrating it. he's believed to have died from natural causes in federal prison. bernie madoff was 82 years old. >>> brand new this morning, more corporations are putting their foot down over voting restrictions, amazon, google, even warren buffett. >> yes, buffett's company, berkshire...
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bernie madoff, who -- it's still hard to believe a guy who made off with everyone's money was named "auded were steven spielberg and kevin bacon, which i think technically qualifies him for the oscars in-memoriam montage. [ laughter ] he swindled a lot of people, including a lot of famous people. basically, if you're ever watching a netflix movie and a very well-respected actor has a three-line role in it? that's because bernie madoff took all his money. [ laughter ] earlier tonight cnbc ran an hour-long documentary about him. you know you're a piece of garbage when a documentary about how awful you are is all ready to go the minute you die. [ laughter ] i didn't know this until today, bernie's scheme actually started in the '70s. he defrauded people for 40 years until he was finally turned in by his two sons. are you listening, donald trump? [ laughter ] [ cheers and applause ] just something to file away. all right. we have to take a break. when we come back, we have something special planned. our pal yehya is here. if you know yehya, you know that fun is about -- where's -- there's
bernie madoff, who -- it's still hard to believe a guy who made off with everyone's money was named "auded were steven spielberg and kevin bacon, which i think technically qualifies him for the oscars in-memoriam montage. [ laughter ] he swindled a lot of people, including a lot of famous people. basically, if you're ever watching a netflix movie and a very well-respected actor has a three-line role in it? that's because bernie madoff took all his money. [ laughter ] earlier tonight cnbc...
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from chronic kidney failure here's a look back at one of the most notorious wolves of wall street bernie madoff better known as bernie was so disliked at the time of his trial that he had to wear a bulletproof vest to court every day. the man behind the largest known ponzi scheme in history wiped out people's fortunes ruined charities and foundations he defrauded thousands including a host of big name movie stars and even the new york mets baseball team. for decades madoff enjoyed an image as a self-made financial guru whose golden touch defied markets operating out of these downtown new york offices he attracted a devoted following of investment clients who trusted him completely he was brilliant at convincing people his schemes was safe but his regulatory environment it's virtually impossible to avoid it. but this is something that the public really doesn't understand and you if you read things in the newspaper and this is somebody you know violate the rule is it well you know they're always doing this but. it's impossible to go in there for a violation go undetected. for considerable period
from chronic kidney failure here's a look back at one of the most notorious wolves of wall street bernie madoff better known as bernie was so disliked at the time of his trial that he had to wear a bulletproof vest to court every day. the man behind the largest known ponzi scheme in history wiped out people's fortunes ruined charities and foundations he defrauded thousands including a host of big name movie stars and even the new york mets baseball team. for decades madoff enjoyed an image as a...
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Apr 14, 2021
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the jailed american financier, bernie madoff — who became a symbol of wall street excess — has died inonzi scheme in us history.
the jailed american financier, bernie madoff — who became a symbol of wall street excess — has died inonzi scheme in us history.
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Apr 14, 2021
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bernie madoff dead at the age of 82.after they recommended a pause. ashley, come on in please and good morning to you. could they permanently pause j&j's vaccine? ashley: well they could. the meeting, which will be publicly webcast by the way is expected to conclude with a vote about whether the vaccine should continue to be used, how it should be used going forward or how many people who develop blood clots of the result of the vaccine should be treated. a federal recommendation to pause use of the j&j recommendation was made as we know after six people who received the shot were diagnosed with severe blood clots. approximately 6.8 million people in the u.s. have been given the j&j vaccine. so the occurrence of those blood clots very, very small. however, in the meantime to help fill the potential gap pfizer says it is ramping up production of the two-shot treatment. it will be able to deliver 220 million doses or 10% more by the end of may. stu? stuart: yeah. pfizer's stock still bumbling around 35, 36, 3dollars a shar
bernie madoff dead at the age of 82.after they recommended a pause. ashley, come on in please and good morning to you. could they permanently pause j&j's vaccine? ashley: well they could. the meeting, which will be publicly webcast by the way is expected to conclude with a vote about whether the vaccine should continue to be used, how it should be used going forward or how many people who develop blood clots of the result of the vaccine should be treated. a federal recommendation to pause...
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Apr 15, 2021
04/21
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the former financier and convicted fraudster bernie madoff has died in a u.s. federal prison aged $82.00 he was handed a 150 year sentence for defaulting tens of thousands of people and you follow those stories of course on all website i'll be back with more news in half an hour here on al-jazeera we continue with al-jazeera world to stay with us. now let's try to fill a book within the thing a 2nd. item shall hike. over . some sort of them have the 10. minutes have been less than a. little integer volatility. how that was you look at the. number one. and this wasn't a part of the. look a lot of different i thought what a short term you know. what i'm not. paid for it with a little more than i'd need would have been. put up when i got on board one of. the. intermission of the dollar. well webb. and the alleged death of a man babbitt amada half of the. year that have been adequately. to me as a plan and not what i want to do and i never went ahead with it if you look at it there yet was a failure in both well but i learned a lesson to learn i want to do. what i
the former financier and convicted fraudster bernie madoff has died in a u.s. federal prison aged $82.00 he was handed a 150 year sentence for defaulting tens of thousands of people and you follow those stories of course on all website i'll be back with more news in half an hour here on al-jazeera we continue with al-jazeera world to stay with us. now let's try to fill a book within the thing a 2nd. item shall hike. over . some sort of them have the 10. minutes have been less than a. little...
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plus the end for one of the original wolves and conmen of wall street bernie madoff the architect of the biggest ponzi scheme in history has died in prison at the age of $82.00. also coming up another vaccination setback in south africa where the use of the astra zeneca vaccine is already on hold now the suspension of the johnson and johnson vaccine is another huge blow to the country in its fight against a covert 1000. i'm on me it is if it's good to have you with us another day has been set for the longest war to end the longest war in u.s. history u.s. president joe biden has announced all american forces will be withdrawn from afghanistan by september 11th speaking at the white house president biden said the troop withdrawal would begin on may 1st and be completed before the 20th anniversary of the 911 attacks he added that the withdrawal would be done safely and in full coordination with washington's allies. the move will mark the end of a 20 year conflict for the u.s. the longest in its history. now we cannot continue the cycle of extending or expanding our military presence in
plus the end for one of the original wolves and conmen of wall street bernie madoff the architect of the biggest ponzi scheme in history has died in prison at the age of $82.00. also coming up another vaccination setback in south africa where the use of the astra zeneca vaccine is already on hold now the suspension of the johnson and johnson vaccine is another huge blow to the country in its fight against a covert 1000. i'm on me it is if it's good to have you with us another day has been set...
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Apr 15, 2021
04/21
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it is prettyfrictionlesst the way it works >>> bernie madoff. what a tawdry tale his family man. le aren't shy. they are saying welcome to hell, bernie the devil's money manager has joined him normally you don't see that when someone passes go ahead andrew >> we can tell everybody and i'm sure they know by now. hopefully they saw the documentary we did last night at 8:00 p.m bernie madoff dying in the federal prison at age 82 he served 12 years of what was going to be a 150-year prison sentence after pleading guilty in 2009 to fraud charges that bilked investors out of $65 billion. the biggest investment fraud in u.s. history he died of natural causes. his attorney said he was being treated for terminal kidney disease. guys, we never spoke about this publicly on tv i don't know if we talked about it privately back in 2016 for the network, i visited with bernie madoff twice in prison as part of the effort by the network and the larger nbc folks to try to get him to do his first televised interview. i sat with him for over six hours. he ultimately agreed to do the interview, but the
it is prettyfrictionlesst the way it works >>> bernie madoff. what a tawdry tale his family man. le aren't shy. they are saying welcome to hell, bernie the devil's money manager has joined him normally you don't see that when someone passes go ahead andrew >> we can tell everybody and i'm sure they know by now. hopefully they saw the documentary we did last night at 8:00 p.m bernie madoff dying in the federal prison at age 82 he served 12 years of what was going to be a 150-year...
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Apr 14, 2021
04/21
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BBCNEWS
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news from the us of the death of bernie madoff, convicted of running a huge scheme.has come from the bureau of prisons in the us. convicted of running the largest known ponzi scheme in history. he was serving a very long sentence and his schemes cost investors huge sums. that is all we have heard so far but they will be more reaction to come on that. he was 82 years old. the headlines on bbc news: pressure builds on david cameron, as mps prepare to vote on a parliamentary inquiry into his lobbying. labour claims there's a revolving door between government and paid lobbyists. a uk covid trial testing different types of vaccine for the first and second dose is being expanded an inquest into the death ofjack merrick and saskia jones has heard from another victim who was also stabbed at fishmongers hall in 2019. in parts of the uk this week pubs and cafes have opened for customers seated outdoors but how safe is it for people to gather indoors in cafes and restaurants when infections are still high. practical tests are being carried out in the dutch city of utrecht, wher
news from the us of the death of bernie madoff, convicted of running a huge scheme.has come from the bureau of prisons in the us. convicted of running the largest known ponzi scheme in history. he was serving a very long sentence and his schemes cost investors huge sums. that is all we have heard so far but they will be more reaction to come on that. he was 82 years old. the headlines on bbc news: pressure builds on david cameron, as mps prepare to vote on a parliamentary inquiry into his...
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Apr 14, 2021
04/21
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KGO
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breaking news, bernie madoff has died.bc nurse concerned that he died of natural causes. >>> a cdc advisory committee is going to meet this morning. yesterday, the shot was paused out of an abundance of caution. >>> number three, we are expecting to find out if the police officer who killed daunte wright will be facing any charges. officials say officer kim potter and the police chief have now resigned. >>> number four, the town council expected to demand that the mayor resigned. six women have accused mayor dominic of sexual assault. he says he has done nothing wrong and will not resign. >>> number five, check out this gorgeous sunrise from san jose. temperatures will be 5 degrees warmer today. in fact, 2 to 10 degrees warmer due to the lack of breezes. >>> two major alerts underway right now. the first in oakland and several cars on southbound 880. the offramp there. injuries have been reported. we also have a driver trapped in livermore. the signals are underway at the isabel avenue on-ramp. >>> okay. this is number sev
breaking news, bernie madoff has died.bc nurse concerned that he died of natural causes. >>> a cdc advisory committee is going to meet this morning. yesterday, the shot was paused out of an abundance of caution. >>> number three, we are expecting to find out if the police officer who killed daunte wright will be facing any charges. officials say officer kim potter and the police chief have now resigned. >>> number four, the town council expected to demand that the...
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Apr 14, 2021
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bernie madoff dead at 82 you're up to date.>> thank you. >>> in today's debut coinbase could be worth around $100 billion. seven years ago, it made its debut on our cnbc disruptor 50 list julia boorstin started that list and has more on the company's path to a listing for us today julia? >> well, jon, coinbase has been on the disruptor 50 list three times in the list's eight years and grown from 1.3 million consumer wallets that it had when it debuted in 2014 to now 56 million verified use percent. coinbase will be the 62nd disruptor 50 company to go public originally priced at $65.3 billion. that would have made it the second largest disruptor 50 exit behind uber, but the direct listing as you mentioned is indicated to open around $350 which would mean a valuation of more than $92 billion. that would be the largest valuation of any of the disruptors public offerings. we are expecting more disruptor ipos and direct listings pitch book reporting today that overall vc investment spiked 93% in the first quarter with three quarters
bernie madoff dead at 82 you're up to date.>> thank you. >>> in today's debut coinbase could be worth around $100 billion. seven years ago, it made its debut on our cnbc disruptor 50 list julia boorstin started that list and has more on the company's path to a listing for us today julia? >> well, jon, coinbase has been on the disruptor 50 list three times in the list's eight years and grown from 1.3 million consumer wallets that it had when it debuted in 2014 to now 56...
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Apr 20, 2021
04/21
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stuart: but i'll bet there are people in our audience who never heard of bernie madoff.work just launched a year prior and there we were and it was tough to know what to make of the story, right? here was this well known guy known for these phenomenonal returns on wall street. everyone wanted money with him and there were blue collar families that the had money with him, white collar workers put their investments with him and there were hollywood celebrities , kevin bacon was one of them and his wife. they lost everything, stuart. stuart: yup. >> and people found it hard to believe in the moment when it was happening that he could have run such a massive ponzi scheme for decades. stuart: because it was $50 billion, and nobody understood how did he do this and how much weave actually lost but i've got to tell the audience. sign up now for fox nation because if you want to see the bernie madoff death of a snake oil salesman, it comes out tomorrow. if you want to get exclusive access to all of the original content events and your favorite personalities on any device, you si
stuart: but i'll bet there are people in our audience who never heard of bernie madoff.work just launched a year prior and there we were and it was tough to know what to make of the story, right? here was this well known guy known for these phenomenonal returns on wall street. everyone wanted money with him and there were blue collar families that the had money with him, white collar workers put their investments with him and there were hollywood celebrities , kevin bacon was one of them and...
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Apr 16, 2021
04/21
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. ♪♪ liz: just 48 hours after the passing of bernie madoff, the world's biggest scammer who got awayors, dropped the ball on overseeing hem, green light capital's david einhorn loading up a verballing bazooka. you've got to hear what he said. in his most recent letter to investors, quote: for the most part, there is no cop on the beat and companies and management that are emboldened enough to engage in malfeasance have little to fear. giving specific examples of the lack of oversight he's seeing in the markets including the stock of hometown international. hometown international has a market cap of just $100 million, okay? and they own, apparently, just one new jersey deli which has only hauled in $35,000 in the last two years. shares are now down 6.6%, but guess what? they're been up unbelievably over the just the past -- einhorn could not blasting tesla ceo elon musk. einhorn, who shorted tesla, says the ceo must pour the whale jet fuel on the game -- you know, he called it, i believe, the game stock tweet amid the reddit-room fueled marketed rebellion. quote, he can do whatever he
. ♪♪ liz: just 48 hours after the passing of bernie madoff, the world's biggest scammer who got awayors, dropped the ball on overseeing hem, green light capital's david einhorn loading up a verballing bazooka. you've got to hear what he said. in his most recent letter to investors, quote: for the most part, there is no cop on the beat and companies and management that are emboldened enough to engage in malfeasance have little to fear. giving specific examples of the lack of oversight he's...
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Apr 14, 2021
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there was big demand to have bernie madoff manage your money until 2008 and the football crisis. some of his clients looking for their money to cover losses elsewhere. one side died of cancer, another took his own life. a family tragic. a tragedy for all of those victims, thousands of them who lost money and were building a retirement that didn't exist. >> it was another big lie. people believed it. they lost their futures as a result of it. enormous impact. >> now he's gone. christine romans, thanks very much. >>> we'll take you inside the courtroom the moment testimony resumes in the derek chauvin murder trial. that's just minutes away. please stay with. ridiculous. [ chuckles ] no one looks ridiculous, bob. progressive is always here for you with round-the-clock service. just so you know, next time, you can submit a claim with our mobile app. good. thanks again for -- for rushing over. are you kidding? this is what 24/7 protection looks like. okay. -you smell like fish. -sorry. i was talking to jamie. hi sabrina! hi jen! hi. so you're the scientist here. does my aveeno® daily
there was big demand to have bernie madoff manage your money until 2008 and the football crisis. some of his clients looking for their money to cover losses elsewhere. one side died of cancer, another took his own life. a family tragic. a tragedy for all of those victims, thousands of them who lost money and were building a retirement that didn't exist. >> it was another big lie. people believed it. they lost their futures as a result of it. enormous impact. >> now he's gone....
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Apr 15, 2021
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bernie madoff was 82. >>> coming up, u.s. envoy john kerry is in shanghai hoping to convince china to partner with the u.s. to combat climate change but he has got his work cut out for him. i will have the latest from beijing live next. stay with us. rely on the experts at 1800petmeds for the same medications as the vet, but for less with fast free shipping. visit petmeds.com today. >>> cuba is set to enter a post-castro era in week for the first time in well over half a century. raul castro plans to step down as head of the communist party, the transition of power will happen at the party congress scheduled to begin friday. it will be the first time since the 1959 revolution led by fidel castro and his brother that a castro won't be in charge. >>> haiti's government has stepped down, a new prime minister is in place. the resignation comes after months of violence and political turmoil. cnn's patrick oppmann has the latest on a nation deeply divided. >> reporter: haiti's president says he has accepted the resignation of his g
bernie madoff was 82. >>> coming up, u.s. envoy john kerry is in shanghai hoping to convince china to partner with the u.s. to combat climate change but he has got his work cut out for him. i will have the latest from beijing live next. stay with us. rely on the experts at 1800petmeds for the same medications as the vet, but for less with fast free shipping. visit petmeds.com today. >>> cuba is set to enter a post-castro era in week for the first time in well over half a...
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Apr 14, 2021
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a lot of people made off had requested release from prison for medical reasons but was refused bernie madoff leaves behind no fortune 170000000000 dollars in assets seized by the government there's only his wife ruth and what he described at sentencing as a legacy of shame his name now synonymous with wall street. kristen salumi al-jazeera new york. a reminder now of the top stories on al-jazeera u.s. president joe biden says the american withdrawal from afghanistan will be complete ahead of the 20th anniversary of the september 11th attacks in a speech at the white house see in the house that all sri $1500.00 u.s. soldiers in the country will begin to leave next month the conflict has cost the lives of $2400.00 u.s. service members and an estimated 2 trillion dollars. i'm now the 4th united states president to preside over american troop presence in afghanistan 2 republicans 2 democrats i will not pass this responsibility on to a 5th we want to have to stand because of a horrific attack that happened 20 years ago that cannot explain why we should remain there in 2021. a former us police off
a lot of people made off had requested release from prison for medical reasons but was refused bernie madoff leaves behind no fortune 170000000000 dollars in assets seized by the government there's only his wife ruth and what he described at sentencing as a legacy of shame his name now synonymous with wall street. kristen salumi al-jazeera new york. a reminder now of the top stories on al-jazeera u.s. president joe biden says the american withdrawal from afghanistan will be complete ahead of...
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Apr 23, 2021
04/21
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there is a show i host on fox nation streaming right now bernie madoff death of a snake oil salesmand forever. bernie madoff orchestrated one of the largest investment fraud in wall street history go fox nation.com and check it out. >> jesse: is that his real face? >> greg: looks like the joker. >> juan: that's it for us, folks. have a great weekend. see you here on monday. ♪ >> shannon: good evening welcome to washington i'm shannon bream in tonight for bret baier. president biden is preparing second phase of massive tax and spend agenda. $3.45 trillion on top of the 2 trillion already being proposed. that is leading to questions about how the president plans to pay for all of it. chief washington correspondent mike emanuel starts us off tonight from the white house. good evening, mike. >> shannon good evening. a big buzz word at the white house is investment. translates to trillions of dollars in proposed new spending. >> when we invest in climate
there is a show i host on fox nation streaming right now bernie madoff death of a snake oil salesmand forever. bernie madoff orchestrated one of the largest investment fraud in wall street history go fox nation.com and check it out. >> jesse: is that his real face? >> greg: looks like the joker. >> juan: that's it for us, folks. have a great weekend. see you here on monday. ♪ >> shannon: good evening welcome to washington i'm shannon bream in tonight for bret baier....
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Apr 15, 2021
04/21
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lot of people made after had requested release from prison for medical reasons but was refused bernie madoff leaves behind no fortune 170000000000 dollars an hour set seized by the government there's only his wife ruth and what he described at sentencing as a legacy of shame his name now synonymous with wall street. kristen salumi al-jazeera new york. with me still running reminder of our top stories the u.s. and nato say that after 20 years in afghanistan and in their military campaign in a speech at the white house joe biden announced all troops in afghanistan will be withdrawn by september the 11th protesters are out in force for a 4th night in the u.s. state of minnesota after the police shooting of 20 year old dante write better an officer came potter has been freed on bail after being charged with manslaughter police have fired tear gas at demonstrators as they attempt to get them to leave before a curfew comes into effect in just under half an hour is there. the security forces at the center police station have already ordered the crowd to disperse the crowd like it was and this is an
lot of people made after had requested release from prison for medical reasons but was refused bernie madoff leaves behind no fortune 170000000000 dollars an hour set seized by the government there's only his wife ruth and what he described at sentencing as a legacy of shame his name now synonymous with wall street. kristen salumi al-jazeera new york. with me still running reminder of our top stories the u.s. and nato say that after 20 years in afghanistan and in their military campaign in a...
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Apr 24, 2021
04/21
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there is a show i host on fox nation streaming right now bernie madoff death of a snake oil salesmanie madoff orchestrated one of the largest investment fraud in wall street history go fox nation.com and check it out. >> jesse: is that his real face? >> greg: looks like the joker. >> juan: that's it for us, folks. have a great weekend. see you here on monday. ♪ ♪ let's get it started ♪ let's get it started in here ♪ let's get it started ♪ let's get it started ♪ ♪ ♪ lose control of body and soul. pete: i have got to put it in park very important. >> talladega, alabama. pete: holy cow, we are here. >> you came in slower than i would like. pete: protocol. pete: i wasn't going to run you over. run over the trophy before the race. will: replica of the
there is a show i host on fox nation streaming right now bernie madoff death of a snake oil salesmanie madoff orchestrated one of the largest investment fraud in wall street history go fox nation.com and check it out. >> jesse: is that his real face? >> greg: looks like the joker. >> juan: that's it for us, folks. have a great weekend. see you here on monday. ♪ ♪ let's get it started ♪ let's get it started in here ♪ let's get it started ♪ let's get it started ♪ ♪...
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Apr 14, 2021
04/21
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bernie madoff was sentenced to 150 years. before making his name on wall street he started an investment business and set up shop in the financial capitol in the 6o's. he served as head of the nasdaq in the 9o's and his list of clients grew to include high society and charity. >>> coming up on the news and streaming on cbsn bay area, showing support to small businesses during the pandemic. the month long challenge to shop and dine small. >>> coronavirus is affecting the countdown to the olympics. how the pandemic will shape this summer's games. >> right here in the bay area this afternoon it's all about the sunshine. here is a live look with the sale force tower camera as we look southeast across the bay with blue skies out there. temperatures warmer compared to yesterday at this time. we will talk about an even bigger warm up this unplugged device is protecting our beautiful coastlines and more. put off chores and use less energy from 4 to 9 pm to help keep our state golden. . >>> fire crews in san jose are investigating i f
bernie madoff was sentenced to 150 years. before making his name on wall street he started an investment business and set up shop in the financial capitol in the 6o's. he served as head of the nasdaq in the 9o's and his list of clients grew to include high society and charity. >>> coming up on the news and streaming on cbsn bay area, showing support to small businesses during the pandemic. the month long challenge to shop and dine small. >>> coronavirus is affecting the...
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Apr 14, 2021
04/21
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KRON
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bernie madoff was 82 years old. >> 7. '09, is the time. and still ahead, the man accused of killing a young girl in santa cruz could be released from prison in 4 years. despite the fact that he pleaded guilty to all the charges. we'll tell you why. and a break in the case of missing cal poly san luis obispo student. we're going to tell you about the arrest of man who was last seen with her 25 years ago. and after the break, they are leaders on bailey and ambitious plan. how are they going to get 75%. all the people who are homeless right now housed in 3 years and already looking a little brighter than at the same time yesterday got some sunshine there at sfo. good to see that as we work our way later this morning. >> 60's and 70's for your daytime highs later on today. all in all, a pretty nice wednesday ahead. i've got the forecast. >> and we have a very busy morning traffic building at the bay bridge after an early morning crash. we also have a hot spot on track in oakland along another one out in livermore. we'll have more on that comin
bernie madoff was 82 years old. >> 7. '09, is the time. and still ahead, the man accused of killing a young girl in santa cruz could be released from prison in 4 years. despite the fact that he pleaded guilty to all the charges. we'll tell you why. and a break in the case of missing cal poly san luis obispo student. we're going to tell you about the arrest of man who was last seen with her 25 years ago. and after the break, they are leaders on bailey and ambitious plan. how are they going...
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Apr 14, 2021
04/21
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. ♪ (mÚsica) ♪ >>> hoy a muerto en prisiÓn en carolina del sur bernie madoff acusado de estafar 68 mile un puesto clave en la administraciÓn biden. se trata de robert santos el principal estadista del presidente y presidente de la asociaciÓn estadounidense de estadÍstica y por eso saludo a nuestra colaboradora paola ramos muy buenas tardes has estado pendiente de esto? verdad? >>> sÍ es un cambio bastante grande. >>> oye pero en primer lugar re freso canso la mente por quÉ es tan importante el censo en estados unidos?. >>> a ver la constituciÓn de los estados unidos requiere que el gobierno americano cada 10 aÑos cuente cuÁntas personas estamos viviendo en estados unidos y de alguna manera el censo es la mejor fotografÍa para quienes vivimos en estados unidos cuÁn diversos somos y cÓmo estamos creciendo como poblaciÓn en el paÍs. debido al censo y estos nÚmeros que captura el censo de esa manera se determina quiÉnes nos representan en el congreso y cuÁnto dinero federal se les da los estados es decir, nuestro puentes, nuestras escuelas, nuestra clÍnicas de salud se determinan por ese c
. ♪ (mÚsica) ♪ >>> hoy a muerto en prisiÓn en carolina del sur bernie madoff acusado de estafar 68 mile un puesto clave en la administraciÓn biden. se trata de robert santos el principal estadista del presidente y presidente de la asociaciÓn estadounidense de estadÍstica y por eso saludo a nuestra colaboradora paola ramos muy buenas tardes has estado pendiente de esto? verdad? >>> sÍ es un cambio bastante grande. >>> oye pero en primer lugar re freso canso...
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Apr 15, 2021
04/21
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bernie madoff, the man responsible for the largest ponzi scheme in the history. the u.s. has died in federal prison. the disgraced financier pleaded guilty in 2009 to orchestrating the largest investment fraud in history. he died in a north carolina prison this morning. authorities say died of natural causes made off with serving a 150 year sentence for his scheme which investigators said defrauded as many as 37,000 people in 136 countries in the scheme involved as much as 65 billion dollars over the course of 4 decades. madoff was 82 years old. and still to come tonight on the news at 5. but we get to see here how the warriors home covid tests work. >> all before fans go back in the after my car accident, i wondered what my case was worth. so i called the barnes firm. when that car hit my motorcycle, insurance wasn't fair. so i called the barnes firm. it was the best call i could've made. at the barnes firm, our injury attorneys work hard to get you the best result possible. call us now and find out what your case could be worth. you might be surprised. ♪ the barnes firm
bernie madoff, the man responsible for the largest ponzi scheme in the history. the u.s. has died in federal prison. the disgraced financier pleaded guilty in 2009 to orchestrating the largest investment fraud in history. he died in a north carolina prison this morning. authorities say died of natural causes made off with serving a 150 year sentence for his scheme which investigators said defrauded as many as 37,000 people in 136 countries in the scheme involved as much as 65 billion dollars...
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Apr 15, 2021
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. >>> bernie madoff has died. he was 82 years old. he spent final years behind bars at a north carolina federal prison for his nearly $20 billion swindle out of a $65 billion scheme. he started his investment business with $5,000 savings and set up shop in new york in the 1960s. he served as head of the nasdaq in the '90s and list of clients included celebrities, high society charities, life long friends. >> reporter: many auto makers going green and one toy maker is doing the same. matel unveiled a road map to make cars from environmentally friendly material. first is a tesla roadster which will be available next year. for more head to cbsmoneywatch.com. i am diane king hall. >>> 4:46. we hate to burst your bubble. >> we are learning more about the problems surrounding this popular treat. a shipping backlog of u.s. deliveries on the west and east coast started by the global pandemic is expected to cause a shortage. >> enjoy it while you can, i guess. when it does happen be prepared. be prepared to try new things. >> it will affect no
. >>> bernie madoff has died. he was 82 years old. he spent final years behind bars at a north carolina federal prison for his nearly $20 billion swindle out of a $65 billion scheme. he started his investment business with $5,000 savings and set up shop in new york in the 1960s. he served as head of the nasdaq in the '90s and list of clients included celebrities, high society charities, life long friends. >> reporter: many auto makers going green and one toy maker is doing the...