What Happened To All The Money From The Bernard Madoff Ponzi Scheme?
Where did it all go?
Tag Archives: Happened
What Happened To The Money In The Madoff Scandal?
Okay, so this guy takes 50 BILLION dollars from investors. Where did the money go? He couldn’t have spent all of it, could he? The money must actually BE somewhere. Does anyone understand what a “Ponzi” scam is? This story is confusing to me. Why can’t he give back [...]
What Happened To The Fifty Billion Dollars That Bernie Madoff Embezzled?
Did he send it to an offshore account, Swiss bank?
What Happened When An Investor Attempted To Withdraw Their Assets In Madoff’s Securities?
Redemptions from Madoff’s securities were, as others have noted, paid out of the new investments from other victims. The interesting question is, “What happens now?” You might think that those people who were lucky enough to withdraw their money before the fraud was exposed might be off the hook. But bankruptcy law [...]
Jewish Swindler Bernard Madoff Is About To Receive His Sentence But What Happened To His Trial?
How can you be arrested for swindling billions and then be sentenced without a trial?
What Happened To Aig, Lehman Brothers, And Merrill Lynch?
Was what happened caused by too low of prices in the housing market? Or does that not apply to all of them? Did any of them have to do with fraud or bad accounting? And why or why not should the government bail them out? (I know they all ready bailed [...]
Do You Know If All Of This Actually Happened? International Conference To Drop $ As Reserve Currency Etc?
“On Friday, June 5, the Bureau of Labor Statistics (BLS) reported the latest US unemployment statistics for May 2009. The U-3 definition of unemployment, the one most commonly cited, rose to 9.4% while the U-6 unemployment rate rose to 15.9%. Had unemployment rates been computed by the same methodology that the BLS previously used up [...]
