Bernald L. Madoff was arrested on Dec 12, 2008, by federal agents accusing him of running a multibillion-dollar Ponzi scheme, the largest in Wall Street's history. (Hiroko Masuike/Getty)- Iran’s top legislative body has confirmed President Ahmadinejad won the disputed June 12 presidential election after a recount of 10% of the ballots, AP reported.
- Former NASDAQ chairman Bernard Madoff has been sentenced to 150 years in prison, the maximum sentence, for scamming $65 billion from his investment clients in the largest case of fraud in U.S. history.
- A Los Angeles judge approved Michael Jackson's mother's request for temporary guardianship of his children, AP reported
- Apple Inc. spokesman said CEO Steve Jobs is back to work "a few days a week” after liver transplant, Reuters reported
- A Florida medical examiner says cause of death for legendary TV pitchman Billy Mays will not be announced for six to eight weeks, noting heart disease may have caused sudden death and not a bump to the head when the tires of a plane Mays was on the day before blew out upon landing.
Sources: BNO, AP, Reuters
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