Friday, February 06, 2009

Madoff

Once upon a time, everybody who was anybody wanted to be on Bernie Madoff's list of inside investors. "Today that list is an exhibit in Federal Bankruptcy Court in Manhattan, part of the paperwork documenting the annihilation of Mr. Madoff’s magic and his customers’ money. The boldfaced names have become red-faced, angry and perhaps embarrassed to find themselves caught in what prosecutors say is by far the largest Ponzi scheme in modern history," the New York Times reports.

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