Wall Street Firm ran a $50 billion Ponzi Scheme

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  • Tchocky
    SBR MVP
    • 02-14-06
    • 2371

    #1
    Wall Street Firm ran a $50 billion Ponzi Scheme
    I did a lot of business with Madoff in the 90's. Their firm routinely paid for order flow. I hope this guy goes to jail for a long time. Heckuva job, SEC.

  • Shark79
    SBR Posting Legend
    • 11-19-07
    • 11211

    #2
    Hes out in 8 yrs and living it large.
    Comment
    • ShamsWoof10
      SBR MVP
      • 11-15-06
      • 4827

      #3
      Originally posted by Tchocky
      I did a lot of business with Madoff in the 90's. Their firm routinely paid for order flow. I hope this guy goes to jail for a long time. Heckuva job, SEC.

      http://www.cnbc.com/id/28195029
      I hate to break it to you but Wall Street itself is a ponzi scheme...

      Comment
      • Poker_Beast
        SBR Hall of Famer
        • 09-14-06
        • 6547

        #4
        $50 billion, that is unreal.
        Comment
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