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Can the Goldman ponzi scheme happen again?
Greg Gordon: There is nothing that can prohibit or stop the Wall St. firms from making secret bets
China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... 343 views | 23 recommendations | 12 comments
Topps yanks Madoff cards before they hit shelves
This years Topps Allen & Ginter Baseball cards have already hit store shelves, minus the highly anticipated rookie card of fraudster Bernie Madoff. Yeah, that's right!! The modern day Charlies Ponzi,...
created by mr.zoltanblack | 2 years ago | updated 2 years ago
176 views | 1 recommendation | 0 comments
176 views | 1 recommendation | 0 comments
A Bigger Ponzi Scheme Than Madoff's
A Bigger Ponzi Scheme Than Madoff'sYesterday, Bernie Madoff was sentenced to 150 years in prison for stealing approximately $65 billion dollars from investors through a Ponzi scheme. The story in itself is uninteresting as anyone that commits fraud should be prosecuted. ... ‘100 Most Creative People’ List Omits Key Players
Reading Fast Company magazine’s recently-released “100 Most Creative People in Business” list, I noticed some glaring omissions. Most notable among them are Bernie Madoff and Barack Obama, two... Is Sympathy for Bernie Madoff's Millionaire Victims Misplaced?
Originally posted on MonkeyPundit.comBy now, most of us have heard the sad, sob stories of millionaires (and multimillionaires) who have lost there life savings to Bernard Madoff's Ponzi Scheme; life savings in the millions, and in some cases tens of millions. But I can't... 442 views | 6 recommendations | 5 comments
Madoff Accountant David Friehling Arrested
David Friehling, Bernard Madoff's long-term accountant has turned himself in and been arrested and charged with securities fraud. Friehling is the first alleged accomplice to be named in connection with the world's biggest Ponzi scheme. " Friehling, 49, is not...
created by Rachel Nixon | 2 years ago | updated 2 years ago
163 views | 1 recommendation | 0 comments
163 views | 1 recommendation | 0 comments
Nicholas Cosmo charged in New York Ponzi scheme
A new alleged investor fraud case has emerged in the US with the arrest of Nicholas Cosmo, the owner of a New York investment firm.Cosmo, founder of Agape World Inc, has been charged with defrauding 1,500 investors of more than $370 million, telling them it would be used to...
created by Rachel Nixon | 3 years ago | updated 3 years ago
759 views | 3 recommendations | 1 comment
759 views | 3 recommendations | 1 comment
Madoff-ed Alexandra Penney is now blogging and it is Really Awful
For those of you who don't know the story, one of the people who was allegedly defrauded by Madoff's giant 50 billion dollar ponzi scheme, is now writing a blog about it. It's called the 'bag lady papers'... 2141 views | 41 recommendations | 7 comments
Hellishly Hot Sauce Dedicated to Bernard Madoff
New York - Alex Gardega has concocted a fitting tribute to disgraced mogul Bernie Madoff: a fiery habanero sauce that'll definitely burn. The text on the bottle reads: "You can take the money but...
created by Mary Richard | 3 years ago | updated 3 years ago
679 views | 31 recommendations | 5 comments
679 views | 31 recommendations | 5 comments
What is a Ponzi scheme
This explains it well: http://www.dillonthompson.com/dtig/ponzi.html Suckerpunch Madoffian Sales Pitch Revealed
Time magazine gives space to a generously confessional Robert Chew who ruminates about his time since 6 PM December 11 2008 when his wife Sarah learned on the phone that they were wiped out by Bernard 'Ponzi2' Madoff. Mr. Chew put it to the Denver Post: "financial murder"."We... Madoff Scandal Hits Jewish Philanthropy
The collapse of Bernard Madoff's investment group is being called "the atomic bomb in the world of Jewish Philanthropy." Since Madoff's arrest a number of Jewish charities have suffered hundreds of millions of dollars, according to a December 18 article in the Jewish... Madoff Fallout Victims Include Pensions and Charities
The Wall Street Journal has published a comprehensive list of banks, companies, non-profit organizations and individuals that are facing losses in a scheme that's rocking the financial world." The fallout from Bernard Madoff's alleged Ponzi scheme reverberated around the... Is Big Three Bailout Plan Another ‘Ponzi’ Scheme?
It’s understandable if some Americans find themselves confused as they try to understand the financial headlines making news this morning: An enormous “Ponzi” scheme, allegedly perpetrated by a long-trusted... NowPublic on Facebook
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