Madoff Ponzi Scheme: Five Years Later

December 09, 2013   |   December 2013 Bond Updates
It was the first week of December, 2008, and Bernard Madoff's world was in turmoil. Financial juggernaut Lehman Brothers had just filed for bankruptcy protection in what be the largest corporate bankruptcy in history, and financial markets were in a tailspin. Investors were making withdrawal requests from his investment firm, Bernard L. Madoff Investment Securities, at an increasing pace.

View more at: http://www.forbes.com/sites/jordanmaglich/2013/12/09/madoff-ponzi-scheme-five-years-later/
 
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