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Tag: Ponzi Scheme

Real Estate Madness: Madoff Burns Banks and Brands Government

Is the whole government a Ponzi scheme? Bernie Madoff thinks so and who would know better than the master manipulator himself? When the greatest financial criminal in history calls collect, you listen. The result? A fascinating feature by New York Magazine writer Steve Fishman exploring Bernie Madoff’s brazen plan, subsequent panic and tumultuous downfall. Perhaps most interesting is Madoff’s assertion […]

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