Daily News Channel
Michael Jackson, the show-stopping singer whose best-selling albums — including "Off the Wall," "Thriller" and "Bad" — and electrifying stage presence made him one of the most popular artists of all time, died Thursday, CNN has confirmed. He was 50. In 1984, Jackson was burned while singing for a Pepsi-Cola commercial in Los Angeles, when the special effects smoke bomb misfired.
The $50 billion Ponzi scheme allegedly masterminded by former Nasdaq chairman Bernard Madoff punctuated a miserable year for Wall Street in the worst possible way: by underlining, yet again, that savvy market-makers can harness arcane financial instruments as weapons of mass destruction. Left in Madoff’s wake are bankrupt investors, mortified regulators and a raft of unnoticed red flags.