Although Bernie Madoff's $50 billion Ponzi scheme engulfed its share of wealthy East Coasters, a comprehensive list of victims made public today as part of a U.S. Bankruptcy Court filing revealed 43 Madoff accounts attached to San Francisco addresses. Some belonged to investment firms and venture capital giant Arthur Rock, but regular folks in San Francisco also lost their shirts.
Take Sherry Maccabee, for example. "I've worked hard, done my job, paid my ta
How U.S. financial firms -- including Bank of America -- allegedly abetted a multibillion-dollar fraud, and how U.S. regulators are letting them get away with it
The unsettling link between a group of firms that sell financial planning services to elderly Californians and one of the most notorious con men in U.S. history
Banking experts qualify the service being hawked in this San Francisco Chronicle ad as a potential Ponzi schemeReaders skimming the ads on page D-2 of the Sunday, July 12 San Francisco Chronicle might have been surprised to see an extraordinary investment opportunity in a quarter-page advertisement running a couple columns below Scott Adams' Dilbert cartoon.
"You can now earn: 1 year -- 11.00 percent," the advertisement announces, urging readers to go to a Web site describing "investment notes"
Courtesy of Harmann Studios and the Green Bay Packers. Used with permission. Craig Newsome celebrates the Green Bay Packers' victory in Super Bowl XXXI following the 1996-97 NFL seasonFormer Green Bay Packers and San Francisco 49ers defensive back Craig Newsome has joined the ranks of U.S. athletes suing the National Collegiate Athletic Association. Newsome and others allege that the organization's requirement that college athletes sign in-perpetuity agreements giving the NCAA's marketing arm
Eh.We'd like to award the Wall Street Journal's Bay Area section with an even slightly less enthusiastic response than we gave the New York Times. And here it is:
"Eh."
We have our reasons.
At first, the the addition of Bay Area sections to the nation's most prominent national newspapers sounded pretty exciting. Talented, experienced reporters from the New York Times and Wall Street Journal would be penetrate our sad, sad news vacuum, rewarding