Raj Rajaratnam, the hedge fund billionaire who stands accused of masterminding a massive insider trading ring, was incredibly competitive and a ruthless boss. Of course you sort of have to be if you're planning to claw your way up to the top of the hedge fund pyramid. But it turns out he was a pretty wacky boss,…

Former NYC police commissioner Bernie Kerik was released from jail on November 10 after spending nearly three weeks behind bars for violating the conditions of his bail. He's now under house arrest until he's sentenced on February 18 for the eight felony counts he pleaded guilty to last month, including tax fraud…

Is reclusive money manager and convicted sex offender Jeffrey Epstein looking to raise a little cash to pay off his mouting legal bills? One of the car collector's most prized vehicles, a 2003 Ferrari 575M Maranello, is now up for sale and can be yours for a very reasonable $159,000. John Connolly, the former NYPD…

Former police commissioner Bernie Kerik almost went crazy in prison these past couple of weeks. But now he's going home! A judge released Kerik on bail today pending his sentencing in February on the eight felony counts he pleaded guilty to last week. So it's a good day, right? Not entirely. Not only will he remain…

Bernie Kerik is no longer crazy, apparently. After displaying behavior that "put him at risk" and spending 10 days in a psychiatric facility, New York's former police commissioner was allowed to return to a regular prison cell at the Westchester County Jail yesterday.

Former NYC police commissioner Bernie Kerik is on his way to jail this afternoon. A judge revoked bail in his trial on conspiracy and fraud charges today after he concluded that Kerik could not be trusted to honor an order barring him from disclosing confidential information related to the trial. (The judge described…

It isn't easy being the son of Bernie Madoff, clearly. On Wednesday night, a "stressed-out" Mark Madoff got into an argument with his wife, stormed out of the apartment, hopped on his Vespa scooter, and disappeared into the night. Fearing the worst, Stephanie Madoff called the cops to report him missing. But he turned…

If you haven't had time to read the lengthy story about disgraced lawyer Marc Dreier in the new issue of Vanity Fair, you can check out the Dreier interview that aired on 60 Minutes last night. The segment doesn't reveal much new info on Dreier, who is now behind bars for defrauding investors out of $400 million. But…

Big news for golf aficionados who also happen to be closely following the one-year anniversary of the collapse of Lehman Brothers. As Reuters reported last week, ex-Lehman CEO Dick Fuld gave up his membership at the Blind Brook Country Club in Purchase following his fall from grace last year. Our trusted source for…

It's been nearly a year since Lehman Brothers went bust, making it the perfect occasion to send a reporter to hunt down Lehman's former CEO, Dick Fuld. A Reuters correspondent managed to find him last Friday, looking tan and dressed in and well-rested at his "country house in a bucolic setting beside a river and…

Joe Gregory, the cash-starved former president of Lehman Brothers, hasn't had much luck selling his oceanfront house in Bridgehampton. (He cut the price from $32 million to $27.9 million a few months back, although that hasn't helped any, apparently.) Time to move on to Plan B, it seems. Gregory is now asking a…

It was five years ago yesterday that Jim McGreevey announced he was "a gay American," and said he was resigning as New Jersey's governor. What's he up to now? He's studying divinity and spends free time volunteering at a church in Harlem, and he tells the Star-Ledger that he's made peace with the past. ("I'm grateful…

Jeffrey Epstein was released from a Florida prison last week for soliciting underage girls for sex, which means he is now free to pursue the "philanthropic endeavors" that his lawyer says he's been eager to get back to. What these good deeds will consist of isn't clear, but perhaps one item on the agenda will be…

Pervy money manager Jeffrey Epstein got out of prison yesterday, which means he can finally begin to put the last couple of years behind him and move on with his life, right? Not really. Since Epstein pleaded guilty to soliciting underage prostitutes, he had to register as a sex offender yesterday, a status that will…

Guess who's been released from prison? That would be Jeffrey Epstein, the secretive money manager who pleaded guilty in 2007 to soliciting underage teen girls for sex. Epstein has spent the last year or so in a Palm Beach prison, although he hasn't had to spend every minute of the day confined to a cell. As part of…

The apartment that belonged to disgraced lawyer Marc Dreier goes up for auction at 1pm today. And the winning bidder won't just walk away with a 3,000-square-foot pad and 738-square-foot terrace on the 34th floor of One Beacon Court. All the items that Dreier left behind are part of the package as well. In addition…

Jeffrey Epstein, the shadowy money manager who pleaded guilty in 2007 to soliciting underage teen girls for sex, is expected to leave a Florida prison in a couple of weeks. (Not that he's been spending much time behind bars in recent months: As part of a work-release program, he's been allowed to leave the jail from…

Daily Intel has some exciting news this afternoon about Marisa Noel Brown. (You remember Marisa, don't you? She's the daughter of Walter Noel, the hedge fund manager who lost about $7 billion of his investors' money to Bernie Madoff.) It seems Marisa started a jewelry line last fall—a couple of months before the Noel…

Vanity Fair's John Heilpern invited Eliot Spitzer out to lunch recently. Given VF's apparently recession-proof budget, the Spitz could have proposed feasting on a giant platter of caviar at the Four Seasons. Did he? No, he did not: