Ponzi schemes and the last 10 years

I’ve been fascinated by the collapse of Bernard L. Madoff and his Ponzi “investment” scheme. It was a wonderful, runaway tale, and the way he pulled the wool over everybodies eyes was amazing. Sadly, he didn’t learn from the master of all Ponzi schemes, and failed to manage to convince everybody that the collapse, burn and total destruction of his scheme was somebody elses fault. After all, he’s the one under bail and investigation, whereas Continue reading Ponzi schemes and the last 10 years