 |
|
Nasdaq: Bernard Madoff, Extended Hours Trading, Nasdaq-100, Nasdaq Biotechnology Index, Nasdaq Omx Group, Nasdaq Composite, Nasdaq Omx Vilniu
Paperback. Books LLC 2010-09-15.
ISBN 9781157438496
|
|
|
|
Buy from Amazon.co.uk
|
Publisher description
Chapters: Bernard Madoff, Extended Hours Trading, Nasdaq-100, Nasdaq Biotechnology Index, Nasdaq Omx Group, Nasdaq Composite, Nasdaq Omx Vilnius, Nasdaq Dubai, Nasdaq Marketsite, Nasdaq Canada, Act, Thomas Apple, Supermontage, Nasdaq Capital Market, Inet. Source: Wikipedia. Pages: 76. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Bernard Lawrence "Bernie" Madoff (pronounced ; born April 29, 1938) is a former stock broker, investment adviser, non-executive chairman of the NASDAQ stock market, and the admitted operator of what has been described as the largest Ponzi scheme in history. In March 2009, Madoff pleaded guilty to 11 federal crimes and admitted to turning his wealth management business into a massive Ponzi scheme that defrauded thousands of investors of billions of dollars. Madoff said he began the Ponzi scheme in the early 1990s. However, federal investigators believe the fraud began as early as the 1980s, and the investment operation may never have been legitimate. The amount missing from client accounts, including fabricated gains, was almost $65 billion. The court appointed trustee estimated actual losses to investors of $18 billion. On June 29, 2009, he was sentenced to 150 years in prison, the maximum allowed. Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008. The firm was one of the top market maker businesses on Wall Street, which bypassed "specialist" firms by directly executing orders over the counter from retail brokers. On December 10, 2008, Madoff's sons told authorities that their father had just confessed to them that the asset management arm of his firm was a massive Ponzi scheme, and quoting him as saying it was "one big lie." The following day, FBI agents arrested...More: http://booksllc.net/?id=20650188
Similar books
Rate the book
Write a review and share your opinion with others. Try to focus on the content of the book. Read our instructions for further information.
Nasdaq: Bernard Madoff, Extended Hours Trading, Nasdaq-100, Nasdaq Biotechnology Index, Nasdaq Omx Group, Nasdaq Composite, Nasdaq Omx Vilniu
Book reviews » Nasdaq: Bernard Madoff, Extended Hours Trading, Nasdaq-100, Nasdaq Biotechnology Index, Nasdaq Omx Group, Nasdaq Composite, Nasdaq Omx Vilniu
|
|
 |
|
|
|
|
