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...want to emphasize today that while my investment advisory business - the vehicle of my wrongdoing - was part of my firm Bernard L. Madoff Securities, the other businesses my firm engaged in, proprietary trading and market making, were legitimate, profitable and successful in all respects. Those businesses were managed by my brother and two sons...
...when I recently caused my firm in 2006 to register as an investment advisor with the SEC, I subsequently filed with the SEC a document called a Form ADV Uniform Application for Investment Adviser Registration. On this form, I intentionally and falsely certified under penalty of perjury that Bernard L. Madoff Investment and Securities had custody of my advisory clients' securities. That was not true and I knew it when I completed and filed the form with the SEC, which I did from my office on the 17th floor of 855 Third Avenue, here in Manhattan...
...share as a commission. At times in the last few years, these commissions were transferred from Chase Manhattan bank account of the fraudulent investment advisory side of my firm to the account at the Bank of New York, which was the operating account for the legitimate side of Bernard L. Madoff Investment Securities - the proprietary trading and market making side of my firm. I did this to ensure that the expenses associated with the operation of my fraudulent investment advisory business would not be paid from the operations of the legitimate proprietary trading and market making businesses...
...Massachusetts Governor Deval L. Patrick ’78 announced a 10-year, $1 billion life sciences initiative. But because no funds are specifically earmarked for stem cell funding, state officials said that the lifting of federal restrictions would have an unclear effect...
...TAKING COMICS SERIOUSLY The quality of the graphic novel continues to improve today, with writers such as Art Spiegelman producing Pulitzer prize-winning works. “I think that graphics as a medium has grown up with people like Marjane Satrapi and Speigelman,” says Adam L. Kern, an associate professor in the Department of East Asian Languages who teaches a class on Japanese literature. “And I think that’s been something that’s revolutionized comics. It’s no longer superheroes in underwear. Now comics have become more...