"The Largest Investor Swindle Ever by a Single Individual" Award has just been won by Bernard L. Maddoff, whose Wall Street "Ponzi Scheme" took in over $50 billion. Congrats, Bernie. If you're wondering how he plans on topping this – as if that's possible – don't expect much. Perhaps knowing that he'd be hard-pressed to beat his own record, he is reported to have announced that he is "finished."
Here's a pretty good story to start with.
And you can learn more about the man who started it all, Charles Ponzi, in Ponzi: The Incredible True Story of the King of Financial Cons (Library of Larceny)
No comments:
Post a Comment