Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
On this day in 2008, 11 December, Bernie Madoff was arrested at his Manhattan penthouse by FBI agents and charged with ...
Ruth Madoff married Bernie Madoff when she was 18 and claimed to be shocked when he was arrested for fraud in 2008 ...
Bernard Madoff went down in history as the mastermind behind the largest Ponzi scheme ever uncovered, defrauding investors of more than $65 billion. But what exactly did he do, and why did his case ...
"Ponzi schemes don't collapse when the markets are booming. They collapse when the music stops," warned Jeffrey Schneider, managing partner at law firm Levine Kellogg Lehman Schneider + Grossman, ...