Carl Shapiro

Carl Shapiro News

  • Madoff Feeder-Fund Victims Can Now Tap Forfeited Cash

    Victims of Bernard L. Madoff’s Ponzi scheme can start making claims against a $2.35 billion fund of money forfeited to the government, even if they didn’t invest directly with him, prosecutors said.

  • Jaffe Seeks to Enforce Shapiro Settlement in Madoff Case

    Robert Jaffe , the son-in-law of Boston-based philanthropist Carl Shapiro , asked a judge to enforce a $625 million settlement in the Bernard Madoff bankruptcy case and block further lawsuits.

  • Obama to Nominate Justice's Carl Shapiro to Council of Economic Advisers

    President Barack Obama will nominate Carl Shapiro , the deputy assistant attorney general for economics at the antitrust division of the Justice Department, to his Council of Economic Advisers, White House press secretary Jay Carney said.

  • Member of White House Council of Economic Advisers Said to Leave

    Carl Shapiro, one of three members of the White House Council of Economic Advisers, is leaving his position soon to return to teaching at the University of California at Berkeley, an administration official said.

  • Madoff Investor to Forfeit $625 Million to U.S.; Trustee Sues Mets Owners

    One of Bernard Madoff ’s first clients, along with 19 family members, settled potential lawsuits by agreeing to forfeit $625 million in profits from the con man’s investment fraud.

  • Madoff, Bank of America, RBS, Janus in Court News

    Carl Shapiro, one of the first clients of Bernard Madoff’s investment firm, and 19 members of his family agreed to forfeit $625 million in profits from the con man’s fraud, settling potential lawsuits against them.

  • Trico, Vitro, Madoff, WaMu, Old GM, OTB: Bankruptcy

    Trico Marine Services Inc. , a provider of support vessels for the offshore oil and natural-gas industry, filed a motion on Dec. 6 seeking approval of a settlement with holders of high-yield secured notes issued by operating companies not in bankruptcy.

  • Madoff, Lehman, WaMu, Movie Gallery: Bankruptcy

    The estate of Jeffrey M. Picower and his investment funds agreed to give back every cent of the $7,206,157,717 earned in profits over 30 years of investing with Bernard L. Madoff Investment Securities Inc. The settlement, announced Dec. 17, was made with the widow of Picower, who drowned in his swimming pool in Palm Beach, Florida, in October 2009.

  • New York Times Should Charge for News, Google Too: Janet Guyon

    Hal Varian , the chief economist at Google Inc. , spends a lot of time talking about the economic state of the news business, partly at the behest of the Federal Trade Commission, which wants to know how free online access has contributed to the financial difficulties of dozens of newspapers such as the Rocky Mountain News, Los Angeles Times and Chicago Tribune.

  • Madoff Trustee's Filing Alleges JPMorgan ‘Thoroughly Complicit’ in Fraud

    The trustee liquidating con man Bernard L. Madoff ’s former investment firm filed a revised complaint that disclosed new details of his $6.4 billion lawsuit against JPMorgan Chase & Co.

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