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Bernie Madoff's Latest Email From Prison

Bernie Madoff

Bernie Madoff said he does not need "credit" for helping recover money for victims of his Ponzi scheme, he just wished court-appointed trustee Irving Picard would tell the truth about what Madoff has claimed is his "instrumental" role in the process.

UBS Coke Trade Probed

Magnifying Glass

Mexican regulators are probing a $76m trade UBS executed in Coca-Cola Femsa SAB shares hours before the bottler announced its biggest acquisition in 16 months, a person with direct knowledge of the matter said.



Sec Building

Citigroup units to pay $180m to settle hedge fund charges

The Securities and Exchange Commission has announced that two Citigroup affiliates have agreed to pay nearly $180m to settle charges that they defrauded investors in two hedge funds by claiming they were safe, low-risk, and suitable for traditional bond investors.