nytimes.com - 12/13/2008
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Investors in the lobby of Bernard L. Madoff Investment Securities in Manhattan.
wcbstv.com - 12/16/2008
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wcbstv.com —
Federal investigators remain at the investment offices of
disgraced investor Bernard Madoff, scouring through records to learn...
the scope of what may be the biggest Ponzi scheme ever in the United States. The numbers are staggering, the losses ...
(more)
Madoff Investors May Be Protected By Government
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The $50 Billion Ponzi
Calculated Risk —
This is the story of the day ... here are some of the losers: From the NY Times: For Investors, Trust Lost, and Money Too The zoning lawyer in Miami trusted him because his father had dealt profitably with him for decades. The officers of a little charity in Massachusetts respected him and relied on his advice. Wealthy men like J. Ezra Merkin, the chairman of GMAC; Fred Wilpon, the principal owner of the New York Mets; and Norman Braman, who owned the Philadelphia Eagles, simply appreciated the steady returns he produced, regardless of market ...
Mr. Ponzi, Meet Mr. Madoff
Agitprop: Or How I Learned to Stop Worrying and Love the Propaganda —
... will probably be the largest and longest-running investment fraud
uncovered during the downturn, but it will not be the last. It’s
related to Big Shitpile because, among other things, hedge funds are
some of the big losers. From the New York Times: ...
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denverpost.com 12/17/2008 — Unlike many of my more tolerant fellow citizens, I possess no confidence in the ability of the American electorate to make sensible decisions. I have reached this conclusion based on an incontrovertible truth: You people will believe anything. This ...
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chicagoboyz.net 12/10/2008 — Jeremiah Wright was apparently back in the pulpit Sunday, pontificating on the tragic December anniversary of the 1941 bombing of Hiroshima, followed, he told his congregation, a few days later by the bombing of Nagasaki. Apparently, Wright himself ...
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