Our beat is the stock market. Our job is to beat it.
Visit Stock Market Beat
Who Madoff With My Money?
Posted on December 12, 2008
You can t make this stuff up.On Wall Street, his name is legendary. With money he had made as a lifeguard on the beaches of Long Island, he built a trading powerhouse that had prospered for more than four decades. At age 70, he had become an influential spokesman for the traders who are the hidden gears of the marketplace.But on Thursday morning, this consummate trader, Bernard L. Madoff, was arrested at his Manhattan home by federal agents who accused him of running a multibillion-dollar fraud scheme perhaps the largest in Wall Street s history. ...
Original article linkTags:
trading default explanation





Subscribe to Stock Market Beat