Quotable Quotes: Bernard L. Madoff
December 21, 2008 by Miki Saxon
The sound you heard a few weeks ago was the largest Ponzi scheme in history crashing down on the heads of investors around the world.
As with the banks and auto companies there were plenty of warning signs, but people ignored or rationalized them—trust does funny things to usually savvy people.
But who is Bernard L. Madoff, other than being a crook? What’s he like? Why was he so trusted?
I found this video, which gave me a much better understanding of why people gave him their money—he seems far more of a cuddly, smart, financial grandpa than the crook who’s been in the headlines.
Your comments—priceless
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