Posts Tagged: Bernie Madoff
One of the shared features of the FTX, Theranos, and Madoff disasters — through which a combined $50 billion or so of investors’ money disappeared — is the presence of ultra-sophisticated investors whose due diligence apparently failed to reveal ridiculously visible red flags.… Continue Reading
We’ve all heard of them — the Bernie Madoffs and Michael Milkens whose cinematic crimes have painted our perception of white-collar criminality.
However, while wrongdoers such as Madoff and Milken are rightly villainized for their misdeeds, their dramatic schemes tend to occlude the far more common phenomenon of smaller-scale white-collar crime.… Continue Reading
Father and son hedge fund managers who invested some of their clients’ money with jailed swindlers Bernie Madoff and Tom Petters, agreed to plead guilty Tuesday to criminal charges that they lied about their investment record, the U.S.… Continue Reading