» Ponzi scheme
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Madoff Appears in Court as Grim Consequences Manifest...
By Scott on December 22, 2008 | No Comments
Reporters and photographers jostled and pushed against each other in front of Bernard Madoff’s Manhattan apartment last week, vying for a photo or a word with the disgraced investment coordinator. Madoff smiled slightly as he moved past, declining to comment after returning from the Federal cour... -
Corruption at AIG and on Wall Street Raises Grave Con...
By Scott on December 15, 2008 | No Comments
The Associated Press was abuzz late Thursday night with news that Bernard Madoff, former chairman of the Nasdaq Stock Market and founder of Bernard L. Madoff Investment Securities, had been arrested over an alleged $50 billion fraud scheme. Madoff founded his small firm in 1960, and has since bee...





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