The Madoff Economy, by Paul Krugman, Commentary, NY Times: The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so. The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.
Yet surely I’m not the only person to ask the obvious question: How different, really, is Mr. Madoff’s tale from the story of the investment industry as a whole?
Friday, December 19, 2008
Win some
I don't see why they don't just give me a Nobel Prize right now and get it over with. Or at least a column with the New York Times:
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1 comment:
That is mainly because Efrain and I are the only ones reading this. But I'm trying to get my dad interested.
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