@altgate » Blog Archive » How Madoff Made Off
Altgate
DECEMBER 19, 2008
Madoff Securities is a Ponzi scheme. Chairman of NASDAQ) and could exact great retribution on anyone who crossed him (heck, just read the first page of Markopolos’ letter to the SEC to get a feel for how scared he was of being tagged as the informant). This is, of course, illegal. Markolpolos cites this as the unlikely scenario.
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