Tag: Glories of capitalism 2008 edition

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Giant Ponzi Scheme, Eh?

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On December 12, 2008
Oh, dear: Bernard L. Madoff, a former chairman of the Nasdaq Stock Market and a force in Wall Street trading for nearly 50 years, was arrested by federal agents Thursday, a day after his sons turned him in for running what they said their father called “a giant Ponzi scheme.” The Securities and Exchange Commission, […]
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