[David Bernstein, December 12, 2008 at 1:54pm] Trackbacks
From the Website of Bernard L. Madoff Investment Securities:
In an era of faceless organizations owned by other equally faceless organizations, Bernard L. Madoff Investment Securities LLC harks back to an earlier era in the financial world: The owner's name is on the door. Clients know that Bernard Madoff has a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm's hallmark.
Madoff, as readers probably know, has just been arrested for running a ponzi scheme that apparently burned through $50 billion (that billion with a "b").
Related Posts (on one page):
- Madoff and the Wall Street Culture of Fraud:
- From the Website of Bernard L. Madoff Investment Securities: