FIrst Pass

Mini-Madoff, Canadian style [Bloomberg]
Ecuadorean oil cuts [IHT]
Surprise build in US nat gas stocks, sends price back down [Forbes]
Taleb's crusade rages on [Slate]
A scathing story about working at AIG [Clusterstock]

This Can't Be A Good Sign

Apparently, Madoff had not made an actual trade for over 13 yrs. He must've been spending all his time faking trade confirmations and wooing new investors.

Who's Surprised?

Stanford: The Manhunt Begins [Portfolio.com]

Markopolos Testimony

This guy testified in front of Congress that him and some friends were dubious about Madoff's returns as far back as 2000. He rails the SEC for being staffed by incompetent, lazy, lawyers who know next to nothing about finance did not want to take on the Ponzi scheme.