2008-12-14 — ml-implode.com
"The Bernie Madoff story is fascinating and there are lessons in it for all of us as I’ll argue below. How did he keep the scam going so long? Why weren’t regulators asking tougher questions? How did he lose $50 billion? Where did all that money go? That’s the crucial question to me. And it’s a question we must ask of ALL our financial institutions."
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