Blog entries tagged: Merkin
WSJ: Couma charges Merkin in civil case stemming from Madoff
Attorney general says Merkin misled investors
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New York subpoenas Merkin and 15 nonprofits
N.Y. Attorney General Andrew Cuomo issues a subpoena for J. Ezra Merkin.
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Merkin resigns from GMAC
J. Ezra Merkin has resigned his post as board chairman of GMAC after losing some $2.4 billion in Bernard Madoff’s Ponzi scheme.
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Pressure mounts on GMAC to oust Merkin over Madoff scheme
Last week Edwin Black asked on his news site The Cutting Edge why it was that the Fed was giving GMAC $5 billion in bailout money when one of its key players was also a key player in the Madoff sceme.
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Edwin Black: Why is the Fed giving Merkin $5 billion?
JTA contributor Edwin Black brings up a legitimate question on his blog: Shouldn’t the Fed have some reservations about handing General Motors Acceptance Corp. $5 billion to turn itself into a bank, when its chairman just lost a couple of billion by recklessly investing his own hedge fund solely in Bernard Madoff’s Ponzi scheme?
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