Hard to believe, but it’s been one year since Ponzi scheme ‘mastermind’ Bernie Madoff was arrested for scamming over $50 billion from investors. We thought it’d be the perfect time to check in and see how Madoff’s victims and associates are doing.
Takeouts: the 2% option?, Bernie Madoff, World Series
S.E.C. Inspector General David Kotz released a report stating that the agency had missed numerous opportunities to bust Bernie Madoff and his 16-year Ponzi scheme. The Takeaway talks to David Scheer, S.E.C. reporter for Bloomberg News.