Tommy Gilbert Jr has been arrested on suspicion of shooting Tommy Sr, a rich Wall St investor. How did such a gilded life corrode? asks Lynnley Browning

Well, where's the sense in that?

HISTORIC swindler Bernard Madoff was sentenced to 150 years in prison yesterday for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and to victims who demanded harsh punishment.

Disgraced US financier Bernard Madoff, who faces sentence on Monday for massive fraud, must forfeit $170bn (€121bn), a judge ordered.

Artist Andy Warhol’s wonder home on the east end of New York’s Long Island is on the market for a record 50 million dollars (£35m).