Global financial meltdown on Yahoo! Canada News Photos

A Wall Street sign outside the New York Stock Exchange. US President ...

(AFP) — Sat, 04 Jul 2009 10:04:00 GMT

(AFP) - A Wall Street sign outside the New York Stock Exchange. US President Barack Obama urged Americans, who celebrate Independence Day, to implement broad economic and social reforms, expressing confidence the country will be able to overcome the challenges it is facing. Photo:Stan Honda/AFP

Accused swindler Bernard Madoff enters the Manhattan federal ...

(Reuters) — Fri, 03 Jul 2009 17:17:00 GMT

(Reuters) - Accused swindler Bernard Madoff enters the Manhattan federal court house in New York, March 12, 2009. REUTERS/Shannon Stapleton

U.S. Marshal Roland Ubaldo walks through members of the media ...

(Reuters) — Fri, 03 Jul 2009 11:22:00 GMT

US authorities on Thursday seized the Manhattan penthouse owned ...

(AFP) — Fri, 03 Jul 2009 03:08:00 GMT

(AFP) - US authorities on Thursday seized the Manhattan penthouse owned by convicted Wall Street swindler Bernard Madoff, seen here in March 2009, forcing out his wife Ruth who was still living there. Photo:Stan Honda/AFP

U.S. Marshal Roland Ubaldo (R) speaks to the media outside the ...

(Reuters) — Thu, 02 Jul 2009 20:29:00 GMT

(Reuters) - U.S. Marshal Roland Ubaldo (R) speaks to the media outside the apartment building of disgraced financier Bernard Madoff in New York City's upper east side July 2, 2009. Ubaldo stated that Ruth Madoff, wife of Bernard Madoff, had surrendered their apartment in the building to federal authorities. REUTERS/Lucas Jackson (UNITED STATES BUSINESS CRIME LAW IMAGES OF THE DAY)

U.S. Marshals arrive at the apartment building of disgraced ...

(Reuters) — Thu, 02 Jul 2009 19:52:00 GMT

(Reuters) - U.S. Marshals arrive at the apartment building of disgraced financier Bernard Madoff in New York City's upper east side July 2, 2009. Ubaldo stated that Ruth Madoff, wife of Bernard Madoff, had surrendered their apartment in the building to federal authorities. REUTERS/Lucas Jackson (UNITED STATES BUSINESS CRIME LAW)

U.S. Marshal Roland Ubaldo walks through members of the media ...

(Reuters) — Thu, 02 Jul 2009 19:50:00 GMT

(Reuters) - U.S. Marshal Roland Ubaldo walks through members of the media outside the apartment building of disgraced financier Bernard Madoff in New York City's upper east side July 2, 2009. Ubaldo stated that Ruth Madoff, wife of Bernard Madoff, had surrendered their apartment in the building to federal authorities. REUTERS/Lucas Jackson (UNITED STATES BUSINESS CRIME LAW)

People walk by a Bay Street sign inside the financial district ...

(Reuters) — Thu, 02 Jul 2009 19:47:00 GMT

(Reuters) - People walk by a Bay Street sign inside the financial district in Toronto October 10, 2008. REUTERS/Mark Blinch

The apartment building that is the home of accused swindler ...

(Reuters) — Thu, 02 Jul 2009 19:41:00 GMT

(Reuters) - The apartment building that is the home of accused swindler Bernard Madoff is pictured on New York City's upper east side, January 12, 2009. REUTERS/Mike Segar

The government is being urged to rescue the Royal Mail's pension ...

(AFP) — Thu, 02 Jul 2009 08:37:00 GMT

(AFP) - The government is being urged to rescue the Royal Mail's pension fund after plans to semi-privatise the state-owned postal operator were abandoned. Photo:Shaun Curry/AFP

A woman holds up a T-shirt with a message referring to the Securities ...

(Reuters) — Thu, 02 Jul 2009 05:48:00 GMT

State authorities denied a report that former Citigroup chairman ...

(AFP) — Wed, 01 Jul 2009 11:53:00 GMT

(AFP) - State authorities denied a report that former Citigroup chairman Win Bischoff, seen here in 2008, had been asked to be chairman of state-controlled Lloyds Banking Group. Photo:Ho/AFP

A policeman stands guard in London in 2007. A British pensioner ...

(AFP) — Wed, 01 Jul 2009 09:34:00 GMT

(AFP) - A policeman stands guard in London in 2007. A British pensioner and former boxing champion beat up a knife-wielding burglar who broke into his home, leaving him battered and bruised, newspapers said. Photo:Chris Young/AFP

CitiBank regular and gold bank cards, along with several ATM ...

(Reuters) — Wed, 01 Jul 2009 06:07:00 GMT

(Reuters) - CitiBank regular and gold bank cards, along with several ATM receipts, are seen in this photo illustration taken in New York, April 9, 2008. REUTERS/Chip East

Disgraced financier Bernard Madoff (2nd L) attends his sentencing ...

(Reuters) — Tue, 30 Jun 2009 22:15:00 GMT

(Reuters) - Disgraced financier Bernard Madoff (2nd L) attends his sentencing hearing in New York in this court artist's sketch completed June 29, 2009. REUTERS/Shepard

This courtroom drawing shows Bernard Madoff facing Judge Denny ...

(AFP) — Tue, 30 Jun 2009 17:34:00 GMT

(AFP) - This courtroom drawing shows Bernard Madoff facing Judge Denny Chin during his sentencing on June 29, 2009 in New York. One day after Wall Street huckster Madoff was sentenced to 150 years in prison, investigators remain stumped about the whereabouts of the billions of dollars he stole from his victims. Photo:Christine Cornell/AFP

Bernard Madoff fraud victims holds a news conference and protest ...

(AFP) — Tue, 30 Jun 2009 17:34:00 GMT

(AFP) - Bernard Madoff fraud victims holds a news conference and protest following the sentencing hearing for Madoff, who was convicted for running a multibillion-dollar ponzi scheme, at Federal District Court in Manhattan on June 29, 2009 in New York. One day after Madoff was sentenced to 150 years in prison, investigators remain stumped about the whereabouts of the billions of dollars he stole. Photo:Spencer Platt/AFP

Booking mug shot of Bernard Madoff released to Reuters on March ...

(Reuters) — Tue, 30 Jun 2009 15:35:00 GMT

(Reuters) - Booking mug shot of Bernard Madoff released to Reuters on March 17, 2009. SERVICE/FOIA/Handout

In this courtroom sketch, Bernard Madoff, center, is seated ...

(The Canadian Press) — Tue, 30 Jun 2009 13:37:00 GMT

(The Canadian Press) - In this courtroom sketch, Bernard Madoff, center, is seated in front of some of his victims that spoke during his sentencing in Manhattan federal court in New York, Monday, June 29, 2009. (THE ASSOCIATED PRESS/Christine Cornell)

Wall Street swindler Bernard Madoff, seen here in March, was ...

(AFP) — Tue, 30 Jun 2009 03:09:00 GMT

(AFP) - Wall Street swindler Bernard Madoff, seen here in March, was handed a 150-year jail term Monday, the maximum sentence possible for his massive financial scam over years, that ruined high-end Hollywood clients and middle-class pensioners alike. Photo:Stan Honda/AFP

A courtroom drawing shows Bernard Madoff facing Judge Denny ...

(AFP) — Tue, 30 Jun 2009 03:09:00 GMT

(AFP) - A courtroom drawing shows Bernard Madoff facing Judge Denny Chin during his sentencing in New York. Madoff was jailed for 150 years, dealt the maximum sentence for his multi-billion dollar scam that ruined Hollywood clients and middle-class pensioners alike. Photo:Christine Cornell/AFP

Bernard Madoff fraud victims holds a news conference and protest ...

(AFP) — Tue, 30 Jun 2009 03:09:00 GMT

(AFP) - Bernard Madoff fraud victims holds a news conference and protest following the sentencing hearing for Madoff, who was convicted for running a multibillion-dollar ponzi scheme, at Federal District Court in Manhattan in New York City. Madoff received a sentence of 150 years in prison for fraud that totaled an estimated $65 billion. Photo:Spencer Platt/AFP

Graphic provides list of some of the victims of Bernard Madoff's ...

(AFP) — Tue, 30 Jun 2009 03:09:00 GMT

(AFP) - Graphic provides list of some of the victims of Bernard Madoff's Ponzi scheme. Madoff was sentenced to 150 years in jail for masterminding an 'evil' multi-billion-dollar investment scam that cheated thousands of people around the world. Photo:/AFP

Bernard Madoff has been sentenced to 150 years in prison for ...

(The Canadian Press) — Tue, 30 Jun 2009 02:09:00 GMT

(The Canadian Press) - Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. THE ASSOCIATED PRESS/Louis Lanzano, File

Interactive graphic on Wall Street fraudster Bernard Madoff, ...

(AFP) — Mon, 29 Jun 2009 22:25:00 GMT

(AFP) - Interactive graphic on Wall Street fraudster Bernard Madoff, who is responsible for cheating thousands of people out of their life savings. Photo:/AFP

Bernard Madoff fraud victims Ronnie Sue and Dominic Ambrosino ...

(AFP) — Mon, 29 Jun 2009 22:25:00 GMT

(AFP) - Bernard Madoff fraud victims Ronnie Sue and Dominic Ambrosino speak with reporters before entering a sentencing hearing for Madoff at Federal District Court in Manhattan. Madoff was handed a 150-year jail term Monday, the maximum sentence possible for his massive financial scam over years. Photo:Spencer Platt/AFP

People gather in the front of United States Courthouse in New ...

(AFP) — Mon, 29 Jun 2009 22:25:00 GMT

(AFP) - People gather in the front of United States Courthouse in New York June for the sentencing of disgraced financier Bernard Madoff. Madoff was jailed for 150 years Monday, dealt the maximum sentence for his multi-billion dollar scam that ruined Hollywood clients and middle-class pensioners alike. Photo:Timothy A. Clary/AFP

A display by a street artist outside a Manhattan courthouse ...

(AFP) — Mon, 29 Jun 2009 20:45:00 GMT

(AFP) - A display by a street artist outside a Manhattan courthouse shows a satire on the Bernard Madoff case after Madoff was sentenced to 150 years in prison in New York City. Photo:Chris Hondros/AFP

Victim Judith Whelling smiles as she leaves the United States ...

(AFP) — Mon, 29 Jun 2009 20:45:00 GMT

(AFP) - Victim Judith Whelling smiles as she leaves the United States Courthouse in New York June after Wall Street swindler Bernard Madoff received 150 years in prison for his multibillion-dollar fraud scheme. Photo:Timothy A. Clary/AFP

A diamond necklace at the Kodner Galleries in Florida forms ...

(AFP) — Mon, 29 Jun 2009 18:18:00 GMT

(AFP) - A diamond necklace at the Kodner Galleries in Florida forms part of 75 lots on auction from victims of the disgraced Wall Street financier Bernard Madoff. The victims are hoping to find some money by auctioning off items that include everything from the diamond necklace to art. Photo:Joe Raedle/AFP

Disgraced financier Bernard Madoff is being held at the Metropolitan ...

(AFP) — Mon, 29 Jun 2009 18:18:00 GMT

(AFP) - Disgraced financier Bernard Madoff is being held at the Metropolitan Correctional Center in New York. Madoff faces a federal judge who could sentence him to as much as 150 years in prison, even if experts predict he will get far less. Photo:Chris Hondros/AFP

On the eve of the verdict in the case of Wall Street swindler ...

(AFP) — Mon, 29 Jun 2009 18:18:00 GMT

(AFP) - On the eve of the verdict in the case of Wall Street swindler Bernard Madoff, AFPTV meets some of those who fell victim to his criminal financial scheme. They are demanding reparations, and say they will continue to fight. Duration: 02:00 Photo:/AFP

Media gather in the front of United States Courthouse in New ...

(AFP) — Mon, 29 Jun 2009 18:18:00 GMT

(AFP) - Media gather in the front of United States Courthouse in New York for the sentencing of disgraced financier Bernard Madoff. Madoff was handed a 150-year jail term Monday, the maximum sentence possible for his massive financial fraud. Photo:Timothy A. Clary/AFP

Media pack the sidewalks for the sentencing hearing for convicted ...

(Reuters) — Mon, 29 Jun 2009 18:03:00 GMT

(Reuters) - Media pack the sidewalks for the sentencing hearing for convicted swindler Bernard Madoff outside the courthouse in lower Manhattan June 29, 2009. Confessed Wall Street thief Madoff, 71, was sentenced to 150 years in prison on Monday for perpetrating Wall Street's biggest and most brazen investment fraud. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)

Media pack the sidewalks outside the United States Courthouse ...

(Reuters) — Mon, 29 Jun 2009 18:01:00 GMT

(Reuters) - Media pack the sidewalks outside the United States Courthouse in lower Manhattan, June 29, 2009, for the sentencing hearing for convicted swindler Bernard Madoff. Confessed Wall Street thief Madoff, 71, was sentenced to 150 years in prison on Monday for perpetrating Wall Street's biggest and most brazen investment fraud. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS MEDIA)

Defrauded investors Judith Welling and DeWitt Baker speak to ...

(Reuters) — Mon, 29 Jun 2009 17:56:00 GMT

(Reuters) - Defrauded investors Judith Welling and DeWitt Baker speak to members of the media outside the United States Courthouse in lower Manhattan, June 29, 2009, after the sentencing hearing for convicted swindler Bernard Madoff. Disgraced financier Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)

A statue of a bear with a nametag hanging from it referring ...

(Reuters) — Mon, 29 Jun 2009 17:54:00 GMT

(Reuters) - A statue of a bear with a nametag hanging from it referring to disgraced financier Bernard Madoff brought by an onlooker sits on a cart outside the United States Courthouse in lower Manhattan, June 29, 2009, during Madoff's sentencing hearing. Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history. REUTERS/Shannon Stapleton (UNITED STATES CRIME LAW BUSINESS)

Defrauded investors Dominic and Ronnie Sue Ambrosino leave the ...

(Reuters) — Mon, 29 Jun 2009 17:47:00 GMT

(Reuters) - Defrauded investors Dominic and Ronnie Sue Ambrosino leave the United States Courthouse in lower Manhattan, June 29, 2009, after the sentencing of convicted swindler Bernard Madoff. Disgraced financier Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)

Defrauded investors and their supporters holds signs during ...

(Reuters) — Mon, 29 Jun 2009 17:44:00 GMT

(Reuters) - Defrauded investors and their supporters holds signs during a rally near the United States Courthouse in lower Manhattan, June 29, 2009, after the sentencing hearing for convicted swindler Bernard Madoff. Disgraced financier Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)

A woman holds up a T-shirt with a message referring to the Securities ...

(Reuters) — Mon, 29 Jun 2009 17:42:00 GMT

(Reuters) - A woman holds up a T-shirt with a message referring to the Securities and Exchange Commission outside the United States Courthouse in lower Manhattan, June 29, 2009, during the sentencing hearing for convicted swindler Bernard Madoff. Disgraced financier Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history. REUTERS/Shannon Stapleton (UNITED STATES CRIME LAW BUSINESS)

Defrauded investor Norma Hill (L) and her daughter Alexandra ...

(Reuters) — Mon, 29 Jun 2009 17:34:00 GMT

(Reuters) - Defrauded investor Norma Hill (L) and her daughter Alexandra make their way through a crush of media outside the United States Courthouse in lower Manhattan, June 29, 2009 after the sentencing hearing for convicted swindler Bernard Madoff. Madoff was sentenced to 150 years in prison for running Wall Street's biggest and most brazen investment scheme. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)

Defrauded investor Norma Hill speaks to the media outside the ...

(Reuters) — Mon, 29 Jun 2009 17:33:00 GMT

(Reuters) - Defrauded investor Norma Hill speaks to the media outside the United States Courthouse in lower Manhattan, June 29, 2009,after the sentencing hearing for convicted swindler Bernard Madoff. Madoff was sentenced to 150 years in prison for running Wall Street's biggest and most brazen investment scheme. REUTERS/Shannon Stapleton (UNITED STATES CRIME LAW BUSINESS)

Britian's Secretary of State for Work and Pensions, Yvette Cooper ...

(Reuters) — Mon, 29 Jun 2009 17:32:00 GMT

(Reuters) - Britian's Secretary of State for Work and Pensions, Yvette Cooper (C), speaks at the launch of Building Britain's Future as Prime Minister Gordon Brown (L) and Home Secretary Alan Johnson look on in London June 29, 2009. British Prime Minister Gordon Brown set out plans to tackle youth unemployment on Monday in a programme for the final few months before an election that could end Labour's long grip on power. REUTERS/Nigel Roddis (BRITAIN POLITICS EMPLOYMENT BUSINESS)

Defrauded investor Miriam Siegman speaks to reporters outside ...

(Reuters) — Mon, 29 Jun 2009 17:19:00 GMT

(Reuters) - Defrauded investor Miriam Siegman speaks to reporters outside the United States Courthouse in lower Manhattan, June 29, 2009, after the sentencing hearing for convicted swindler Bernard Madoff. Madoff was sentenced to 150 years in prison for running Wall Street's biggest and most brazen investment scheme. REUTERS/Shannon Stapleton (UNITED STATES CRIME LAW BUSINESS)

Defrauded investor Bert Ross pauses before speaking to reporters ...

(Reuters) — Mon, 29 Jun 2009 17:17:00 GMT

(Reuters) - Defrauded investor Bert Ross pauses before speaking to reporters outside the U.S. courthouse in lower Manhattan, June 29, 2009, after the sentencing hearing for convicted swindler Bernard Madoff. Ross was one of about ten investors that addressed the court before Madoff was sentenced to 150 years in prison for running Wall Street's biggest and most brazen investment scheme. REUTERS/Mike Segar (UNITED STATES CRIME LAW BUSINESS)