Friday, December 12, 2008

Bernard Madoff Arrested: Firm Giant Ponzi Scheme

Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday. year-old Bernard Madoff, the founder of Bernard L. For years there were whispers on Wall Street about Bernard Madoff’s hedge fund. old fraud. Late Thursday Bernard Madoff, former Nasdaq Stock Market chairman and founder of Bernard L. And Bernard Madoff, the former chairman of the Nasdaq Stock Market, was arrested and charged Thursday with running a $50 billion Ponzi scheme. By Kerry Massaro There aren't too many details yet, but Bernard Madoff, founder of Bernard L.

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