15.12.2008 Other Voices: The tragedy of Bernie Madoff - There were signs if you looked for them, HF regulation now sure thing
From John Mauldin: Bernie Madoff had been arrested and his fund was missing at least $17 billion, and maybe losses were as much as $50 billion. This is so very, very tragic, as it is not just large investors with well-diversified portfolios who lost here. Many smaller investors around the world had significant sums of money with Madoff. Far too many were not as diversified as they should have been
Print