Archive for July, 2011

Madoff Trustee’s Bad Day in Court is Not a Good Day for Investors

Sunday, July 31st, 2011

Judge Jed Rakoff made a groundbreaking decision in one of the many court filings related to Madoff debacle on Friday, ruling that the Trustee assigned to oversee the liquidation of this SEC-approved, SIPC member broker-dealer liquidation, had overstepped his authority by suing banks on behalf of the victims of the ...

The “A” Train – not for the faint of heart.

Thursday, July 21st, 2011

I have to share a truly horrifying experience I had on the subway the other day. I was on the A train returning from JFK Airport back into New York City.  Already in the subway car was an obese, I mean morbidly so, man in one seat with a 3-yo ...