But, while Ponzi cheated people out of millions of dollars, the price tag of Mr. Madoff's con game is a reported $50 billion. Even that spectacular estimate shouldn't be trusted, because it comes from Mr. Madoff himself. Still, there is no question that Mr. Madoff has done epic damage to investors large and small, all over the world. Full Story »
Posted by Kaizar Campwala
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A fish rots from its head and the SEC, Treasury, and entire executive branch is rotten, I only hope that some justice will be served to the merchants of greed.
Yeah, it's factual, well written, etc. etc. And it does reference lack of regulatory action despite warnings. It even notes, objectively, the effect on charities (it ignores the small investors who lost everything). It reiterates the need for financial wariness. - the major charities still have money
It has an unreal quality - every day brings a new revelation of another sadness - and the ripple effects will be felt for a long long time. One ... More »
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