How Are We Different From Bernie Madoff?
In late 2008 a major story hit Wall Street. Bernard Madoff, a well respected money manager and former non-executive chairman of the NASDAQ stock market admitted to running a ponzi scheme and falsifying documents to defraud his clients of almost $65 billion. According to Madoff, the fraud began in the early 1990s, but many federal investigators believe that it started much earlier than that.
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What’s Behind the Eurozone Crisis?
Lately, the Eurozone has been the major financial news story of the day acting, for better or worse, as a major driver of world markets. If you were to ask most people what is behind the crisis they would immediately say government borrowing. But there is a little more to the situation than that (Greece excluded). Read More