Bernard Madoff, former NASDAQ chaiman now implicated in a $50 billion Ponzi scheme, at a 2007 roundtable discussion with Justin Fox, Ailsa Roell, Robert A. Schwartz, Muriel Seibert, and Josh Stampfli.
These are some excerpts featuring Madoff, recently implicated in a $50 billion Ponzi scheme.
The full video is at:
http://www.youtube.com/watch?v=Gclja-C2sOU
The date of the confererence was Oct. 20, 2007, shortly after the sub-prime crisis started to become evident in August, although world markets were still riding high.
ROBBIE
Comments
In a few year’s time, when it is proven that the gains you made are the result of fraud, you may have to pay them back. THEN let’s see if your sanguine view of this mind bogglingly greedy shmuck holds up. Have fun in court!
Epic Greed, Some won, Some Lost
It was all timing , The last ones are now holding “The Bags” full of air.
Whoooooosh ……………
True REAL joke - Firewalls. Oh and the MBA’s and PHD’s in math…can’t be a fraud man!
I think that island called Manhattan is totally obsolete.
Bernie is not evil, I invested 50 Thousand with him in 1992, When I retired and closed the accnt. in 2006 , I pulled out 5.2 Million.
Its just the economy.
Only the credit crisis and fund redemptions revealed the true state of affairs.
How many other investment funds out there are like this?
Clearly no one knows because no one has been watching the store.
Note: Bernard Madoff was once chairman of NASDAQ. You know…the guys who brought you the Internet bubble scam.
This is where your money goes when you give it to Wall Street.
Bernard Madoff: Master crook at work
US auto makers only asked for $30 billion to rescue the entire US auto industry.
But just one crooked investment manager in the US, Bernard Madoff, reportedly is responsible for making $50 billion in investors’ money disappear.
Amazingly, informed observers have been questioning this guy’s supernaturally “steady” performance for years, some going so far as to file formal complaints with the SEC - which did nothing.
5.30min “it’s virtually impossible to violate rules” (meaning rules from SEC and other authorities)… must be a strange feeling saying that and knowing that all you’ve done in your working life is one big fraud.
……WHO CARES? who did he steal from? hahahahahahahahahahahahahahaha
This guy trained as a lifeguard. Investors these days are simply not listening to the people in the know.
Hang on a minute!! Weren’t all the banks involved in some kind of “Ponzi” scheme?
anyone who actually did automated trading, will know this madoff and this kid have no idea what they were talking about. i just can’t believe madoff can pull off 50bn with this kind of rubbish talk haha.
it’s amazing that this guy has the kuhuana’s to mumble his lies in techno-jumble. Finance is screwed!
Madoff!!! Get it? Made Off. The guy’s family tree was named to pull this off! I think it’s funny! B.S. baffles brains.
