Link to the article: Channel 4
Last Modified: 12 Mar 2009
By: Channel 4 News
Bernard Madoff pleads guilty to charges he orchestrated the biggest financial swindle in Wall Street history.
The former financier is charged with cheating investors out of billions of dollars in a fraud whose magnitude shocked the public and drew demands for stricter regulations.
"I cannot adequately express how sorry I am for what I have done," the gray-haired 70-year-old Madoff said as he pleaded guilty to 11 criminal charges.
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2009
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March
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- The new economic superpower
- Fixing a broken economy
- Betting on 'casino capitalism'
- Pressure on Swiss banks
- Summit 'will not solve crisis'
- Scottish building society collapses
- Germany warns on euro stability
- Renewed calls for a fundamental financial shake-up
- Britain’s Brown urges IMF reform
- Business Update: UK in GDP fall
- London echoes of 1933 in G20 summit
- Spoof FT hits London ahead of G20
- Why the G20 protesters are marching
- Euro-crash: Slovakia bucks trend
- Fears of direct action at the G20
- Top soccer coping with credit crunch
- China: Coke deal anti-consumer
- Eurocrash: Ukraine on the brink?
- Sir Alan on the return of The Apprentice
- 'Bank bosses should be jailed'
- Motorists tune engines down to save
- 'Moving in the right direction'
- Spotify seeks profit from free music
- Continental workers protest as French jobless tota...
- Eurocrash: How Latvia's boom turned to bust
- The US toxic asset plan
- King: no further fiscal stimulus
- Shock inflation rate rise
- Why deflation forecasts were wrong
- Climate change ticking in China
- Robot takes to Tokyo runway
- Buying up toxic debt 'crucial'
- Weak pound attracts Euro shoppers
- Shadow chancellor's tax hike warning
- End of the line for dining cars?
- The state of the UK car industry
- UK entrepreneur bowls over U.S.
- What will Google Street View show?
- World economy 'to shrink in 2009'
- Google privacy row
- FactCheck: trading recession stats
- Brown 'regrets' unemployment rise
- FSA calls for culture change
- Riz Khan - Richard Branson
- Obama: AIG payments an 'outrage'
- The 'Morph' mobile of the future
- New camera identifies age and gender
- AIG payments shock
- Is a 1930s-style depression avoidable?
- English councils sue RBS in US
- Unit prices suggested for alcohol
- G20 ready to do 'what is necessary'
- Australia coast disaster zone
- Recession resistant foods shine
- Recession hits the sports world
- Jersey no longer a haven?
- Interview: Robert Zoellick
- G20 London Summit: Robert Zoellick
- Strike threat over foreign pay
- Doctors reject chocolate tax plan
- Chocolate defies credit crunch
- Darling vows to 'get tough with banks'
- Madoff 'deeply sorry and ashamed'
- A recession start up company?
- Car industry 'open for business'
- Taking control of their music
- Toyota: 10 per cent pay cuts in UK
- Will Spotify make music history
- Eastern Promise - The Eastern European Recession
- Treasury takes control of Lloyds
- Public figures in the firing line
- Mandelson: say it don't throw it
- The power of green technology
- Economy
- Now for something completely different
- What is quantitative easing?
- Rates go lower as cash pumped in
- Bank to pump £75bn into economy
- Quantitative easing: The story so far
- Islamic banks 'better in crisis'
- Call for Engineers
- Cadbury Milk Trade
- Sainsbury's buys 24 new stores
- Why ITV failed Friends Reunited
- ITV axe 600 jobs; ad revenues fall
- Brown not sorry for economic policy
- Brown ends visit with address to Congress
- "Staycations" replacing vacations
- Recession hits fashion world
- Tesco sees boost in saver numbers
- Interview: Jim Rogers
- Scots tackle alcohol pricing
- The people's march for jobs
- HSBC turns to shareholders
- Soros Says Financial Crisis Marks End of a Free-Ma...
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