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27.10.2010, 08:54

Shaking the money tree in DC

Capitol Hill insiders in the US are allegedly using and abusing their positions to make some extra pocket money.

30.06.2009, 03:03 1 comment

Master swindler Madoff gets 150 years

American financier Bernard Madoff has been sentenced to 150 years behind bars by a New York court for masterminding a massive fraud that robbed investors of $65 billion.

15.04.2010, 21:23 2 comments

Hewlett-Packard charged with bribing Russian officials

Russian police raided the Moscow office of Hewlett-Packard looking for documents that might shed light on a corruption case brought by German prosecutors.

14.09.2010, 22:58 1 comment

Austria leaves Russia’s major tax fraud case dead in the water

Austrian banking authorities have stonewalled an investment company's attempts to recover $230 million allegedly stolen by Russian tax officials.

29.07.2009, 09:11

Great Pyramid of Russia

Pyramid schemes have been around for more than 100 years, sucking people in and spitting them out financially crushed when the pyramid collapses. The greatest con in Russia's recent history left millions penniless.

27.10.2009, 14:41

American billionaire’s death – more fallout from Madoff scandal?

The death of American billionaire Jeffry Picower, an associate of jailed fraudster Bernard Madoff, could affect the recovery of $65 billion used in the largest ponzi scheme in history.

13.12.2009, 09:10 3 comments

UK government too tough on banks?

The UK government has issued a one-time 50% tax on bank bonuses that are worth over £25,000. Lori “The Resident” Harfenist has asked New Yorkers if they think it is fair.

Federal Reserve Bank 16.09.2009, 13:46 3 comments

Americans call for transparency of Federal Reserve

In the US, dozens of people took to the streets of New York to call for an audit of the Federal Reserve Bank.

Afghanistan, Nuristan: An Afghan villager looks on as a US soldier from the Provincial Reconstruction team  Steel Warriors patrols in the mountains of Nuristan Province. (AFP Photo / Tauseef  Mustafa) 01.08.2010, 11:48 7 comments

Has WikiLeaks done a favor to the public? – Big Apple speaks out

The website WikiLeaks has made it into the media spotlight again by releasing over 90,000 governmental reports on Afghanistan.

New York 06.12.2009, 12:19 2 comments

Are you scared of becoming unemployed?

This year has seen US unemployment levels rise to a staggering 15 million. 'The Resident', Lori Harfenist, took to the streets of New York to find out what people really feel about the current situation.

Should Madoff get what he deserves?

Published: 15 March, 2009, 08:56

Bernard Madoff

(8.1Mb) embed video

TAGS: Crime, Scandal, Crisis Chronicle, The Resident, Finance


Bernard Madoff has already appealed his sentence and is now seeking release until he is sentenced. The Resident, Lori Harfenist, finds out what the people of New York think about the fraudster’s plea.

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15.03.2009, 05:39

KHL: Lokomotiv knocks out Spartak Moscow

Another semi-final slot has been filled in the KHL. Lokomotiv joined Dynamo Moscow in the final four of the inaugural competition following a come-from-behind win at Spartak Moscow.

15.03.2009, 12:41

Consensus at G20 Finance Minister meeting shaky?

Finance ministers from the world's top 20 economies have pledged to take ‘whatever action is necessary’ to tackle the global credit slump.