Reverbiage: Stories from NPR tagged 'investor'

This Winter, More Cause For Broadway Discontent

Wed, 07 Jan 2009 16:04:00 EST

The recession has hit Broadway hard: Nine shows, including Young Frankenstein, closed this week, and four more have posted notices. Jeff Lunden talks to a veteran producer and a young investor to see how bad the outlook is.

Hearing: Why Didn't SEC Detect Madoff Scandal...

Mon, 05 Jan 2009 06:00:00 EST

The House Financial Services Committee holds a hearing Monday into the scandal involving disgraced investor Bernard Madoff. Madoff is accused of running a $50 billion Ponzi scheme. Chairman Paul Kanjorski, a Democrat from Pa., tells Steve Inskeep the hearing will investigate why the Securities and Exchange Commission failed to detect the scandal.

Hedge Funds Seek To Prevent Investors Fleeing

Fri, 02 Jan 2009 16:00:00 EST

Many hedge funds are losing money and to stem losses, they are starting to block the exits, - telling investors they cannot withdraw their money. Investors are not pleased about having their money locked into bad investments.

Disgraced Investors Stolen Statue Returned

Fri, 02 Jan 2009 06:07:00 EST

Bernard Madoff was robbed. The Wall Street investor is accused of making billions of dollars disappear in an alleged Ponzi scheme. And now we know that somebody made off with a statue from his Florida estate. It was a copper statue, worth $10,000 dollars. After they took it, the mysterious robbers brought it back. And they attached a note: "Lesson: Return stolen property to rightful owners."

Use Stock Losses To Your Tax Advantage

Tue, 30 Dec 2008 06:00:00 EST

Stocks plummeted in 2008, but there is still a silver lining for investors in this dark situation. William Baldwin, the editor of Forbes magazine, shares some year-end tax tips with Renee Montagne.

With Shaken Confidence, Investors Look To Future

Wed, 24 Dec 2008 11:26:00 EST

With the financial crisis, the steep decline in the stock market and the Madoff scandal, investor angst has given rise to short-term pessimism. But investors also feel optimistic about their financial future, according to recent surveys by Gallup and the Pew Research Center.

Successful Madoff Investors Worry About Lawsuits

Wed, 24 Dec 2008 06:00:00 EST

While many people lost money with disgraced investor Bernard Madoff, some actually made money. Now the question is whether they'll have to give any of it back, as defrauded investors line up to sue.

Probe Shows Madoff Wasn't Working Alone

Tue, 23 Dec 2008 13:00:00 EST

A probe into Bernard Madoff's Ponzi scheme is revealing a Web of lieutenants who aided him in defrauding investors of over $50 billion. Wall Street Journal reporter Amir Efrati discusses the latest from the Madoff case.

Madoff Scammed Jewish Charities Out Of Millions

Tue, 23 Dec 2008 13:00:00 EST

Bernard Madoff scammed more than just primary investors. Hard-hit Jewish charities won't be able to fund many causes because of million-to-billion-dollar losses. CEO of Physicians for Human Rights, Frank Donaghue, discusses how his organization is coping with a tremendous loss in funds.

Kiplinger's Advice To Investors: Don't Despair

Tue, 23 Dec 2008 01:47:00 EST

Investors who have endured a year of negative returns — and lost their faith in the markets, thanks to an alleged $50 billion Ponzi scheme —can be forgiven for wanting to stuff their mattresses with cash. Still, Knight Kiplinger, editor in chief of Kiplinger's Personal Finance, says there are better investment solutions.

Despite Loans, Uphill Road For GM, Chrysler

Fri, 19 Dec 2008 16:00:00 EST

GM and Chrysler have got their government bailout, but it came with some conditions that will be difficult for the companies to meet. In some cases, the decisions must be made by outside parties, such as the United Auto Workers or investors who hold bonds issued by the companies.

Obama To Name Mary Schapiro As SEC Chief

Thu, 18 Dec 2008 08:44:00 EST

President-elect Obama on Thursday is expected to name Mary Schapiro to head the Securities and Exchange Commission, an agency that has been the focus of criticism in recent weeks for apparently failing to act on questionable practices that may have cost investors billions of dollars.

Madoff Placed Under House Arrest

Wed, 17 Dec 2008 16:00:00 EST

Investor Bernard Madoff has been placed under house arrest after allegations he ran a Ponzi scheme that bilked investors of up to $50 billion. Christopher Cox, the chairman of the Securities and Exchange Commission, said he was "gravely concerned" about the SEC's failure to act.

Ponzi Schemes Have Colorful History

Wed, 17 Dec 2008 06:00:00 EST

Wall Street investor Bernard Madoff is not the first person to be charged with carrying out a massive Ponzi scheme. He's charged with running a $50 billion Ponzi scam. The Ponzi scheme has a long and colorful history.

Madoff Scandal Raises Questions About SEC

Tue, 16 Dec 2008 16:40:00 EST

Bernard Madoff invested mostly in blue chip companies and then used a hedging strategy to smooth out earnings and avoid losses. Many investors were impressed by the results, but some investment advisers knew something was amiss. Why couldn't the SEC see the same thing?

Madoff's Ponzi Scheme Scams Smart Money

Tue, 16 Dec 2008 06:00:00 EST

Many of the people who lost money in the alleged fraud case involving Bernard Madoff were sophisticated and successful. So it may be surprising to learn that those investors would put billions of dollars into what is being labeled as one of the biggest Ponzi schemes in history. The sums may be shocking but the dynamics at work in that case are familiar.

After Madoff Revelation, Investors Eye Pawn Shops

Mon, 15 Dec 2008 16:20:00 EST

Levi Touger, owner of Royal Pawn & Jewelry Inc., talks about the calls he has received since Bernard Madoff's alleged Ponzi scheme was revealed. He says people are asking if they can put up their luxury cars, yachts and other high-end items as collateral.

Extent Of Losses From Madoff Unclear

Mon, 15 Dec 2008 16:19:00 EST

Investigators are still trying to determine just how much money investors lost in Bernard Madoff's alleged Ponzi scheme. Estimates run as high as $50 billion. A big question facing regulators is how they could have missed a scheme that may date back as far as 20 years.

How Did The SEC Miss Madoff's Scheme...

Mon, 15 Dec 2008 13:00:00 EST

Bernard Madoff bilked hundreds of investors for billions of dollars. Joel Seligman, SEC historian and president of the University of Rochester, discusses how Madoff's scam reflects on the SEC and what it can do now.

Q&A: Fallout From An Investment Scheme

Mon, 15 Dec 2008 12:27:00 EST

Bernard Madoff was arrested on Dec. 11 by the FBI and charged, along with his investment firm with securities fraud. There's a growing list of investors including some of the world's largest banks that may have been defrauded of up to $50 billion. Here, a look at who he is and who's been hurt by this latest crisis.

Financial Scam Hits Wall Street, Global Investors

Mon, 15 Dec 2008 06:00:00 EST

The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes is growing. Investors around the world, who sunk cash into veteran Wall Street money manager Bernard Madoff's investment pool, spent the weekend calculating how much exposure they might have.

Client Learns Madoff Returns Worthless

Sat, 13 Dec 2008 16:00:00 EST

Investors were left holding a $50 billion-bag this week when money manager Bernard Madoff admitted to what could may be the largest Ponzi scheme ever. Barbara Flood lost a great deal of money in the fraud case.

Consumer Credit Market Needs Investors

Wed, 10 Dec 2008 06:00:00 EST

Consumers are still having a hard time obtaining loans for cars and appliances. To add insult to injury, many are seeing their credit limits slashed. That's largely because investors are backing away from the secondary market for consumer credit. American consumers used to be considered a safe investment, but not any more.

Political Ideas Proposed For China's Shenzhen

Wed, 10 Dec 2008 00:00:00 EST

China's wealthiest city began as an economic experiment to attract foreign investors in the 1980s. Now some Chinese propose that Shenzhen should begin political experimentation. But democratic reforms, like government transparency and separation of powers, are unlikely in the near future.

Fed To Buy Up To $600 Billion In Mortgage Assets

Tue, 25 Nov 2008 08:58:00 EST

The Fed said it will purchase up to $100 billion in direct obligations from mortgage giants Fannie Mae and Freddie Mac, as well as the Federal Home Loan Banks. It also will purchase another $500 billion in mortgage-backed securities — pools of mortgages that are bundled together and sold to investors.