article thumbnail

Madoff Whistleblower Has GE On The Defense

PYMNTS

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on Monday (Aug. percent in 2001, the report says. Markopolos is known for sounding alarms about Madoff. Reported GE operating margins reached 16.1

Fraud 108
article thumbnail

The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Jeff began his post-graduate career as a Management Consultant with The Boston Consulting Group. Mary began her career as a securities analyst in 1986.

article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via Beta Boston.

Capital 78