Investor Says Cash 'Up in Smoke' After Ex-Nasdaq Chairman's Arrest in 'Ponzi Scheme'
Friday, December 12, 2008
NEW YORK — Investors struggled Friday to understand how a former Nasdaq stock mark READ MORE http://www.foxnews.com/story/0,2933,466146,00.html
Dec. 19 (Bloomberg) -- U.S. regulators, trying to unravel the breadth of Bernard Madoff’s alleged $50 billion fraud, have found evidence of misconduct stretching back to at least the 1970s, two people READ MORE http://www.bloomberg.com/apps/news...
Bernie Madoff confessed his investement fund was just one big ponzi scheme . how could this have happened . how could he manage to keep this fraud going.