December 11, 2008
FBI Arrests Bernie Madoff
The Wall St. Journal reports that Bernard L. Madoff, founder of Bernard L. Madoff Investment Securities, was arrested by the FBI and charged with criminal securities fraud. The complaint states that he told some employees that his business was a "giant Ponzi scheme." WSJ, Madoff Charged With Securities Fraud.
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Merry Christmas from Wall Street. Madoff will never be able to repay society for the staggering amount he stole
Posted by: P Roberts | Dec 11, 2008 8:46:11 PM
Incidentally ,there is an interesting website www.angstcorner.com where you can literally punch an animated Madoff.Visit the Angst Punch section,it’s some satisfaction for the soul!
Posted by: Jayshree | Mar 31, 2009 12:09:41 AM