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JPMorgan chief says virtual currency faces major regulatory hurdles

Prosecutors charge Madoff's accountant with fraud

Bernard Madoff's longtime accountant was arrested on fraud charges today and accused of helping the disgraced money manager cheat thousands of investors out of billions of dollars in the past two decades.

Stephen Foley: Prosecutors come after Ruth Madoff's millions

It was all very gallant of Bernard Madoff to try to protect his wife from the US authorities bent on reducing her to penury, but the net is closing in.

Dominic Lawson: You can try to make people say sorry, but does it do any good?

Those wanting Brown to apologise have no intention of forgiving him

Sarah Sands: Madoff has the sociopathic composure of a Shipman

A criterion of being a sociopath is composure. Bernard Madoff, jailed last week for the greatest personal financial fraud in history, did not look ghastly and his apology to his former clients carried no explanation. He has borne the waves of hysterical loathing calmly.

Deborah Orr: Apologies change nothing

Unlike a huge list of others – from Prime Minister Gordon Brown to Haringey social services head Sharon Shoesmith, from disgraced banker Fred Goodwin to child-killer Sean Mercer – Bernard Madoff has at least apologised. "I'm deeply sorry and ashamed for my crimes," he said after pleading guilty to the biggest fraud in history this week. "I am painfully aware that I have hurt many people."

Madoff admits blockbuster fraud

Bernard Madoff pleaded guilty today to charges he orchestrated the biggest financial swindle in Wall Street history, cheating investors out of billions of dollars in a fraud that shocked the public and drew demands for stricter regulations.

Sean O'Grady: When it seems too good to be true...

How did Madoff's victims ever allow themselves to be taken in?

Madoff expected to plead guilty to fraud charges

Bernard Madoff, accused of masterminding a $50 billion financial fraud, is expected to plead guilty tomorrow to 11 criminal charges that could put him in jail for the rest of his life.

Major City frauds uncovered by police

Detectives and SFO reveal inquiry into big 'Ponzi' scheme and several 'mini-Madoffs'

Market Report: Man tumbles on concern over redemptions

The prospect of yet more pain for hedge funds unsettled Man, the London-based fund group, which traded lower as the London market came off the rally path.

Nomura seeks ¥302bn in new capital to shore up balance sheet

Nomura, Japan’s biggest brokerage, has announced plans to raise up to ¥302bn (£2.19bn) in new capital to shore up a balance sheet weakened by losses from the financial turmoil.

Richard Ingrams's Week: Don’t bring God into it – we have enough worries

“Now stop worrying” is the message of the crusading atheists who have paid to have the rather half-hearted slogan “There’s probably no God” plastered all over a lot of our buses.

Madoff: No investments for clients in 13 years

Bernard Madoff, the Wall Street grandee whose confession of a $50bn (£35bn) pyramid scheme prompted a new crackdown on fraud in the US, had not made a single investment on behalf of his clients in at least 13 years, it was revealed yesterday.

Stephen Foley: The returns seemed too good to be true – and they were

The charges laid against Sir Allen Stanford inevitably invite comparisons with Bernard Madoff, the Wall Street swindler who turned himself in last December. Both men claimed to have found a miracle-grow formula for investing, able to return double-digit percentage profits, year in, year out – but were vague when anyone dared ask how. Even the headline numbers coincide: both Madoff and Stanford claimed to be managing about $50bn (£35bn) in customers’ assets. Both men were faking it, it is now alleged.

Charged with fraud, man who bankrolled cricket

US police raid Sir Allen Stanford’s offices as depositors pull money from Antigua bank
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Kenny Ireland, pictured in 2010.
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Sydney and Melbourne are locked in a row over giant milk crates
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In my grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices
Could our smartphones soon be diagnosing diseases via Health Kit and Google Fit?

Could smartphones soon be diagnosing diseases?

Health Kit and Google Fit have been described as "the beginning of a health revolution"
Ryanair has turned on the 'charm offensive' but can we learn to love the cut-price carrier again?

Can we learn to love Ryanair again?

Four recent travellers give their verdicts on the carrier's improved customer service
Billionaire founder of Spanx launches range of jeans that offers

Spanx launches range of jeans

The jeans come in two styles, multiple cuts and three washes and will go on sale in the UK in October
10 best over-ear headphones

Aural pleasure: 10 best over-ear headphones

Listen to your favourite tracks with this selection, offering everything from lambskin earmuffs to stainless steel