Bernie Made-Off With Their Money
Manage episode 431190144 series 3577351
An erstwhile sprinkler repairman, Bernard L. Madoff is the embodiment of the American dream, parlaying a paltry $5,000 initial investment in his own securities firm in 1960 into a nearly $1 billion dollar personal fortune by 2008.
Shockingly, his American dream becomes a nightmare for thousands of investors who trust his sage advice and reputation for delivering extraordinarily high rates of return. Because Madoff is not, in fact, “the biggest market maker on NASDAQ.” He is, more accurately, one big, fat fraud. Listen and learn all about it.
More Blundering Brainstorms to Come
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