Madoff Newsflash: Bongiorno, Annette!
- Joshua M Brown
- March 8th, 2009
Oh boy. Here come the accomplices.
The Wall Street Journal is reporting that after interviewing assistants at Bernard L Madoff Securities, investigators have learned that Annette Bongiorno, a 40 year-plus employee of the Ponzi King, had ordered up fake trade confirmations and historical price research on the stocks they pretended to have traded.
Anyone still think Bernie acted alone?
On Thursday, the guilty plea will come and we'll find out exactly what it is he's got to bargain with. Hopefully, the whereabouts of a big chunk of the stolen money so investors can get more back once the web is untangled.
Stay tuned, its gonna be an interesting week.
Full Story: Madoff Aide Orders Fake Tickets (WSJ subscription req)
Read Also:
Guide to Prison Gangs for Bernie Madoff
Ruth Madoff Wants to Keep the Secret Stash House
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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