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U.S. marshals seize Madoffs' luxury apartment Thursday, July 2, 2009 @ 8:27PMU.S. marshals seized the luxury $7 million (4.2 million pound) New York City penthouse apartment of imprisoned fraudster Bernard Madoff and his wife, Ruth, officials said on Thursday.
Madoff's $US7m NYC penthouse seized (AAP) Thursday, July 2, 2009 @ 7:32PMThe US Marshals Service has taken possession of disgraced financier Bernard Madoff's $US7 million ($A8.65 million) Manhattan penthouse.
Marshals Arrive, Ruth Leaves as Madoff Home Is Seized (Update4) Thursday, July 2, 2009 @ 6:34PMJuly 2 (Bloomberg) -- U.S. marshals seized Bernard Madoff ’s $7 million Manhattan penthouse apartment following a federal judge’s order that the Upper East Side residence be forfeited by the convicted con man.
Maddoff's $9m apartment seized Thursday, July 2, 2009 @ 6:00PMUS marshals seize Madoff's apartment Piano, lamps worth more than $US2m Twitter : Follow our business blog
Home Diagnostics Added to Russell Indexes Wednesday, July 1, 2009 @ 4:30PMFORT LAUDERDALE, Fla.----Home Diagnostics, Inc. , a leading manufacturer and marketer of diabetes testing supplies, announced today that it has been added to the Russell 3000®, Russell 2000® and Russell Global Indexes, effective as of June 26, 2009 after the close of the U.S. markets.
Bernard Madoff gets 150 years in prison Wednesday, July 1, 2009 @ 6:28AMNEW YORK—A Fedearl Judge rejected Bernard Madoff’s plea for leniency on Monday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an “extraordinarily evil” fraud that took a staggering toll on thousands of victims.
Rybovich Super Yacht Marina And Refit Deploys Fiber-To-The-Slip Using Alloptic Fiber-Optic Infrastructure Wednesday, July 1, 2009 @ 5:27AMAlloptic, a global leader in the development of RF over glass (RFoG) and passive optical networking (PON) solutions for CATV, telecom, and private network operators worldwide, today announced that Rybovich Super Yacht Marina and Refit has deployed the Alloptic GEPON solution to its 60 yacht slips and throughout the 12 acre Rybovich property in West Palm Beach, Fla
Police say York couple swiped at least $10 million from entertainer Dane Cook Wednesday, July 1, 2009 @ 5:12AMYORK, Maine and#8212; The attorney for Erika L. McCauley, a York Beach business owner and homeowner, said she denies all charges against her in connection with the theft of millions of dollars from comedian Dane Cook, her husband's half-brother.
Fraudster Madoff Hit With 150-Year Prison Term Tuesday, June 30, 2009 @ 5:42AMBernard Madoff, the former Wall Street financier that pleaded guilty to defrauding clients out of billions in an unprecedented Ponzi scheme, was sentenced to 150 years in prison Monday.
Madoff gets 150 years in prison Tuesday, June 30, 2009 @ 5:40AMNEW YORK — A federal judge rejected Bernard Madoff’s plea for leniency Monday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an “extraordinarily evil” fraud that took a staggering toll on thousands of victims.
Madoff gets maximum 150 years in jail Tuesday, June 30, 2009 @ 5:31AMNEW YORK (AP) — Historic swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and to victims who demanded harsh punishment.
Victims urge stiff sentence for Bernard Madoff Tuesday, June 30, 2009 @ 5:27AMNEW YORK (AP) — Victims who lost millions of dollars in the multibillion-dollar fraud perpetrated by Bernard Madoff described their ruined lives Monday to the judge sentencing the 71-year-old former Nasdaq stock market chairman.
Bernard Madoff gets maximum 150 years in prison Tuesday, June 30, 2009 @ 5:27AMNEW YORK (AP) — Convicted swindler Bernard Madoff was sentenced to 150 years in prison Monday for fraud so extensive that the judge said he needed to send a symbolic message to those who might imitate his fraud and to victims who need relief.
Madoff To Serve Life In Prison Tuesday, June 30, 2009 @ 5:06AMNew York - A federal judge rejected Bernard Madoff's plea for leniency Monday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an “extraordinarily evil” fraud that took a staggering toll on thousands of victims. U.S. District Judge Denny Chin cited the unprecedented nature of the multibillion-dollar fraud as he sentenced Madoff to the maximum of 150 years in ...
1999 NEWS ARCHIVE Tuesday, June 30, 2009 @ 4:58AMArchive of past news articles on theme & amusement parks, thrill rides and attractions.
Madoff's 'evil' brings 150-year prison term Tuesday, June 30, 2009 @ 3:52AMFor many investors tangled up in Bernard Madoff's $13 billion (U.S.) investment fraud, the 150-year jail sentence he received yesterday is cold comfort for the anguish caused by the massive financial losses.
Madoff sentenced to 150 years; 10 more expected to be charged Tuesday, June 30, 2009 @ 3:51AMNEW YORK (Jun 30, 2009) -- A federal judge rejected Bernard Madoff's plea for leniency yesterday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an "extraordinarily evil'' fraud that took a staggering toll on thousands of victims.
Prosecutors seek life sentence for Madoff Saturday, June 27, 2009 @ 3:55PMSwindler Bernard Madoff should spend the rest of his life in prison, U.S. prosecutors argued Friday, citing the “unique scope and duration” of his crimes as the leader of Wall Street’s biggest fraud
Madoff ordered to forfeit $171 bn Saturday, June 27, 2009 @ 2:20PMMadoff ordered to forfeit $171 bnMadoff ordered to forfeit $171 bn
Madoff ordered to forfeit over $170 B Saturday, June 27, 2009 @ 1:10PMNEW YORK (AP) — Disgraced financier Bernard Madoff must forfeit $170 billion, a federal judge ordered Friday. US District Judge Denny Chin entered a preliminary order of forfeiture, and Acting US Attorney Lev Dassin released a copy of the order Friday night.
Madoff’s Homes to Be Sold by Marshals, Judge Rules (Update4) Friday, June 26, 2009 @ 8:56PMJune 26 (Bloomberg) -- Bernard Madoff ’s apartment in Manhattan and his houses in Palm Beach, Florida, and in Montauk on the east end of New York’s Long Island will be sold by U.S. marshals, according to a ruling by Denny Chin , the judge in charge of Madoff’s criminal case.
South Florida hospitals suffering from declines in investments Wednesday, June 24, 2009 @ 10:27PMThe past year has been brutal for South Florida hospitals -- and this year is likely to be worse. The Baptist Health system, which has been immensely prosperous in the past, suffered a $71.7 million loss in its 2008 fiscal year. Miami Children's lost $72 million. Holy Cross lost $25 million, and Mercy $34.8 million.
Slump In Cross-Border Investment Wednesday, June 24, 2009 @ 9:17PMForeign direct investment (FDI) into 17 OECD countries, including France, Germany, Japan, the UK and the US, fell by 50% in the first quarter of 2009 compared with the last quarter of 2008, according to estimates by the OECD released at the OECD Forum in Paris.
Russia: Step In OECD Membership Negotiations Wednesday, June 24, 2009 @ 9:16PMRussia formally launched negotiations for its future accession to the OECD by submitting a detailed “Initial Memorandum” setting out where it stands in relation to the policy standards and practices that are basic criteria for membership of the Organisation.
2009: Foreign Direct Investment Plummeted Wednesday, June 24, 2009 @ 8:43PMNew York, Jun 24 2009 2:11PM Global foreign direct investment (FDI) inflows dropped by more than 50 per cent in the first quarter of 2009, with the outlook remaining gloomy for the rest of the year, the United Nations agency that promotes commerce ...
EastGroup Properties Announces Second Quarter 2009 Conference Call and Webcast Wednesday, June 24, 2009 @ 2:59PMEastGroup Properties announced today that it will hold its Second Quarter Conference Call and webcast on Thursday, July 30, 2009 at 11:00 A.M. Eastern Daylight Time.
Move Sells Welcome Wagon Wednesday, June 24, 2009 @ 9:00AMWestlake Village-based Move, which operates the online real estate site Move.com, Realtor.com, and other related properties, said today that it has sold the assets and certain liabilities of its Welcome Wagon property to South Florida Media Group. Financial terms of the sale were not disclosed. Move has been trying to sell the property since August of 2008, when the firm said it wanted to divest ...
Pensioners 'kidnap and torture' financial adviser for losing their savings Wednesday, June 24, 2009 @ 8:36AMA mob of pensioners in Germany are alleged to have kidnapped and tortured their financial adviser after losing £2m of their retirement savings. ...
Do 'green' jobs pay off? Sunday, June 21, 2009 @ 9:58AMA growing number of advocates believe that energy efficiency and renewable energy could not only help the environment but replace jobs lost in the recession.
Do 'green' jobs pay off? Sunday, June 21, 2009 @ 9:40AMCrouched in a dusty crawl space, Angelo Romano jammed a piece of fluffy orange insulation between two floor joists under an old single-family home in Englewood, his face flushed with exertion.
Business Briefs for June 21, 2009 Sunday, June 21, 2009 @ 12:17AMA workshop titled “Buy It! Keep It!-Maintaining The Dream of Homeownership” will be held 10 a.m.-3 p.m. Saturday at Cortana Mall. Workshops will be held on such subjects as understanding credit, first-time homebuying, investment protection and foreclosure prevention.
Willie Gary, several developers miss deadline for property tax bills Sunday, June 21, 2009 @ 12:16AMSTUART — Famed attorney Willie Gary was among thousands of Martin County land owners who failed to pay their property taxes on time.
'Apprentice' winner Kendra Todd accused of fraud in lawsuit over homesale Saturday, June 20, 2009 @ 11:12PMRemember Kendra Todd?
Austin area feeling the foreclosure bite Saturday, June 20, 2009 @ 9:57PMAlma and Adolfo Vasquez might not appear to be primestrong
Obama’s Insurance Proposal May Grab Power From States (Update1) Friday, June 19, 2009 @ 10:51AMJune 19 (Bloomberg) -- President Barack Obama ’s plan to create a U.S. insurance office after the $182.5 billion bailout of American International Group Inc.
UPDATE: Employment Falls In 39 US States In May - Labor Dept Friday, June 19, 2009 @ 10:48AMWASHINGTON (Dow Jones)--Payrolls fell in most of the U.S. during May as companies squeezed by the recession kept unloading workers, but fewer states lost jobs than in April.
US Regional and State Unemployment Rates for May-STATS Friday, June 19, 2009 @ 9:33AMWASHINGTON, (Dow Jones)-- Following are U.S. seasonally adjusted regional and state unemployment rates: p = preliminary; 1/ Metropolitan division. 2/ Metropolitan statistical area.
US Payrolls Down In 39 States In May - Labor Dept Friday, June 19, 2009 @ 9:18AMWASHINGTON (Dow Jones)--Payrolls in the U.S. tumbled in 39 states during May as companies squeezed by the recession unloaded workers. Non-farm payroll employment decreased in 39 states and increased in 11 states and the District of Columbia, the Labor Department said Friday.
Nobility Homes, Inc. Announces Sales and Earnings for Its Second Quarter 2009 Friday, June 19, 2009 @ 8:00AMToday Nobility Homes, Inc. announced sales and earnings results for its second quarter ended May 2, 2009.
Important Details Of Expenses In Owning A Florida Commercial Real Estate Friday, June 19, 2009 @ 6:48AMIf you are tired in putting some of your income into the lease of your existing business space it is better to acquire one that will cater the needs of your business.
UTV Media to invest Rs 150 cr more in gaming Thursday, June 18, 2009 @ 11:28PMThe strategy has worked so far. For fiscal 2009, the gaming content segment revenue (comprising online, console and mobile games) almost doubled to Rs 110.5 crore (Rs 11.05 billion). By FY10, the company expects the gaming segment to contribute 32 per cent to its total revenue (18 per cent in FY09). Taking its gaming plans forward, UTV Media recently showcased three games -- War Devil, Reich and ...
Foreigners Want Their Piece of the American Dream Thursday, June 18, 2009 @ 5:35PMSCOTTSDALE, Ariz.----The domestic community is no exception to recognizing buying opportunities within the Sunbelt states. According to the National Association of Realtors , California, Florida, Texas and Arizona are the top four destinations for international investment.
Palm Beach: Mecca, Mecca, Mecca Sunday, June 14, 2009 @ 8:43AMPalm Beach County Commissioners have approved another contract - this one for $360,590 with Holt Contractors, Inc - in the ongoing cleaning-up-after-Mecca effort. Ironically, it's the same US District judge -- Donald Middlebrooks -- who sentenced Mary McCarty to prison last week, and who also ruled against McCarty's pet project in 2005 - siting of the Scripps Florida project at Mecca. Mecca ...
Price of insurance rises uptes Sunday, June 14, 2009 @ 2:28AMIn the midst of recession, the cost of car and home insurance is increasing for many Georgians. And if past trends hold, insurance bills could rise more significantly once the economy recovers.
Commercial Properties: Punta Gorda office/showroom bought for $855,000 Sunday, June 14, 2009 @ 12:16AMSouthwest Land Developers Inc.
Warnings not heeded about pension burden Saturday, June 13, 2009 @ 9:43PMI t's as if we're living through a remake of The Blob. In our real-life version of the 1958 horror classic, the pink undulating clump has morphed into a fearsome mass of 25-years-and-out cop and firefighter pensions.
Empty promises, painful consequences Saturday, June 13, 2009 @ 6:51PMA couple of years ago, Wendy Silette was a successful entrepreneur in Naples, Fla. Then she fell in love with George Hudgins, and now her life is in shambles.
Growers look for alternatives to potatoes, cabbage and fern Saturday, June 13, 2009 @ 6:35PMFrom wineries to wildflowers, alternative crops may be the future of Putnam County's agricultural industry.
Delray Beach CRA assures city: We're busy Saturday, June 13, 2009 @ 5:11PMCRA covers about 20 percent of Delray Beach It has been criticized for neglecting the West Atlantic Avenue Corridor and draining taxpayers' dollars. The Community Redevelopment Agency disagrees with its critics, and recently presented its case.
PAT RICE: Freezing in Wisconsin, Tuckered out in FWB Saturday, June 13, 2009 @ 1:47PMA few thoughts from a slightly frozen journalist just returned from Wisconsin:Yes, I spent the first week of June in "the badger state," scene of my misspent youth, the place where I lived the first 27 years of my life.When I go to Wisconsin, I always