Bureau of Prisons Web site lists Madoff’s location as federal prison in Georgia

Government Web site says Madoff at prison in Ga.

AP Source: 10 more people will be charged in probe of disgraced financier Bernard Madoff

NEW YORK — A person familiar with the investigation into disgraced financier Bernard Madoff (MAY’-dawf) says 10 more people will be charged by the time the probe is complete.

With Madoff’s punishment set, victims turn ire toward government at sentencing-day rally

NEW YORK — Inside a packed Manhattan courtroom, Miriam Siegman and eight other victims of Bernard Madoff directed their anger at the 71-year-old disgraced financier.

Decision on whether judge will revoke Texas financier Stanford’s bond to come Tuesday

HOUSTON — Texas financier R. Allen Stanford will spend at least one more night in jail after a federal judge said he won’t decide until Tuesday whether to free the once highflying businessman on bond while he awaits trial on charges he swindled investors out of $7 billion.

Bernard Madoff sentenced to maximum 150 years in prison for vast fraud scheme

NEW YORK — A federal judge rejected Bernard Madoff’s plea for leniency Monday, sentencing the 71-year-old swindler to spend the rest of his life in prison for an “extraordinarily evil” fraud that took a staggering toll on thousands of victims.

Gains in commodities lift energy, industrial shares; Investors await week’s key data

NEW YORK — A jump in oil prices sent investors rushing to put money into the stock market in the final days of the second quarter.

Wall Street begins holiday-shortened week on cautious note, investors await week’s key data

NEW YORK — Investors are beginning a holiday-shortened week on a cautious note.

Saga to end Monday for Madoff, but pain is just beginning for many cash-strapped victims

NEW YORK — Bernard Madoff will learn Monday whether he will spend the rest of his life in prison.

SEC charges New York firm, California adviser with fraud in raising billions for Madoff scheme

WASHINGTON — Federal regulators filed securities fraud charges Monday against a prominent California investment adviser and a New York brokerage firm said to be secretly controlled by Bernard Madoff, accusing them of funneling billions of dollars from investors into Madoff’s Ponzi scheme.

Billionaire R. Allen Stanford indicted, jailed in alleged $7 billion fraud

WASHINGTON — Brash Texas billionaire R. Allen Stanford has been jailed on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery.

Schapiro says SEC targeting director elections, mutual fund oversight, in line with Obama plan

WASHINGTON — Making it easier for shareholders to seat directors on company boards, restricting short-selling in down markets, strengthening oversight of mutual funds, and tightening scrutiny and standards for investment advisers are among the pro-investor initiatives being undertaken by the Securities and Exchange Commission, the agency’s chairman said Thursday.

Editorial Roundup: Excerpts From Recent Editorials in Newspapers in the US and Abroad.

Excerpts from recent editorials in newspapers in the United States and abroad:

SEC reaches settlement with Bernard Madoff, bars him from securities industry

WASHINGTON — Federal regulators have reached a settlement with disgraced money manager Bernard Madoff that prohibits him from working in the securities industry.

1st civilian case against Guantanamo detainee to test US legal system, court of public opinion

NEW YORK — Ahmed Ghailani already was a terrorism suspect with an unusual resume — alleged aide to Osama bin Laden, suspected bomb maker, former prisoner of war.

1st Guantanamo detainee in US pleads not guilty in embassy bombings in Africa

NEW YORK — The first Guantanamo Bay detainee to be brought to the United States for trial has pleaded not guilty in two embassy bombings.

SEC inspector general probing possible instances of workers disclosing nonpublic information

WASHINGTON — A score of pending investigations by the Securities and Exchange Commission’s internal watchdog include several involving possible improper disclosure of confidential information by agency employees, including enforcement attorneys, the inspector general says.

AP News in Brief

Iran test fires missiles amid global flap over its nuclear ambitions

Mass. hearing officer orders firm that sent investors to Madoff to account for referrals, fees

BOSTON — A state hearing officer has ruled that Cohmad Securities Corp. must provide state regulators with an accounting of all Massachusetts investors the firm referred to admitted Ponzi schemer Bernard Madoff.

NYC trustee accuses Los Angeles money manager, others of making $1 billion off Madoff scam

NEW YORK — A longtime Los Angeles money manager and philanthropist raked in more than $1 billion in false earnings from disgraced financier Bernard Madoff, a trustee overseeing the liquidation of Madoff’s assets claimed Friday.

Gore, Gingrich back on Capitol Hill, but political landscape has changed since their heyday

WASHINGTON — Al Gore paused during his descent from atop the marble Capitol steps on his way to spar with an old rival, Newt Gingrich. Grinning as he glided toward a former aide he had spotted, Gore joked, “Just like old times.”

Gore, Gingrich debate the Earth’s future in a matchup of rival wonks

WASHINGTON — Al Gore paused during his descent from atop the Democratic stairs toward a witness table where he and an old rival, Newt Gingrich, were to debate the very future of Planet Earth. He glided over to a former aide and grinned.

Somali pirate in NY is treated, given prayer book, but he doesn’t understand what he’s facing

NEW YORK — The wound on Abdiwali Abdiqadir Muse’s slim hand, where he was stabbed by a crew member during his pirate attack on a U.S. cargo ship, has been redressed. He’s been given painkillers and antibiotics for his injuries and a Quran to use in prayer.

Trustee says 3 new bids are made for Bernard Madoff’s securities-trading operation

NEW YORK — A trustee says three new bids have been made for the securities-trading operation once run by fallen financier Bernard Madoff (MAY’-dawf).

Kurt Cobain’s $530 mn estate looted by trustees

LONDON - Legendary alternative rock band Nirvana’s frontman Kurt Cobain’s $530 million estate is reported to have been looted by his trustees, reports the Mirror online.

Courtney Love to sue Kurt Cobain estate’s ‘looters’

NEW YORK - American rock musician-actress Courtney Love is contemplating dragging some of the people handling her late husband Kurt Cobain’s estate to court, after realising that they have lost all the money that the Nirvana frontman had left for her and their daughter Frances Bean.

Ponzi fraudster Madoff used London office as piggy bank: UK investigators

LONDON - Disgraced US financier Bernard Madoff used the London arm of his corrupt investment business as his personal “piggy bank”, British fraud investigators have claimed.

Jailed Madoff munches on frozen chicken patties, canned string beans

NEW YORK - It’s a life he would have wished on his worst enemy, but fate and calumny has deemed otherwise.

Yet another finance scandal: Stanford Bank took $8 bn

MEXICO CITY/NEW YORK - Latin American countries have moved to stem losses from another US finance scandal, this time centred on Texas billionaire Robert Allen Stanford and his Antigua-based bank. Stanford is best-known in India as the big cricket moghul of the West Indies.