Crimes of the Century: Bernie MadoffeBook - 2012
In the fall of 2008, at the zenith of the American financial crisis, multiple Wall Street firms posted losses reaching into the hundreds of millions. These losses represented the beginning of an unprecedented disaster.In December of 2008, CNN estimated that Bernard L. Madoff Investment Securities LLC was responsible for $50 billion.Widely touted as the biggest Ponzi scheme in history, Bernard "Bernie" Madoff lured wealthy investors with promises of high returns only to siphon away funds to finance his own lavish lifestyle. He would then replenish his coffers by recruiting more unsuspecting clients.After decades of deception, the question remains: How did Madoff get away with it for so long?
Publisher: [United States] : Hyperink : Made available through hoopla, 2012.
Branch Call Number: eBook hoopla
Characteristics: 1 online resource