Bernie Madoff on the modern stock market
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Stumble ThisBernard 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 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.
These are some excerpts featuring Madoff, recently implicated in a $50 billion Ponzi scheme.
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.
'In today's regulatory environment, it's virtually impossible to violate rules...this is something that the public doesn't understand...it's impossible for a violation to go undetected, and certainly not for a long period of time."
And let us all just say, *bravo.