Thursday, December 18, 2008

The Worlds Largeest Hedge Fund is a Fraud

The 2005 SEC complaint by Markopolos Spells out why Madoff was a fraud.

Amazing.

2 comments:

Trooper York said...

The best part of this is that the Met's owners lost their shirt. Cool.

rcocean said...

And Zuckerman lost a bundle. I was hoping Streisand had put in her life savings but no such luck. She may be obnoxious and look like an ant-eater but she's not dumb.