Madoff and Markets - WSJ.com: "Capitalism runs on trust, so inevitably there will be men like Bernard Madoff who attempt to steal from the trusting. His alleged $50 billion Ponzi scheme is exceptional mainly for its size, the length of time he was able to run his con, and the affluent and sophisticated circles in which he operated. There is something especially shocking when a man held in high esteem turns out to be a thief."
Monday, December 15, 2008
Ponzi not Fonzi, is the first to do this.