Wow. Bernard Madoff, American ex-financier and former Nasdaq chairman, was sentenced to 150 years in prison yesterday, for running a USD65 billion Ponzi scheme that affected or ruined thousands of private and institutional investors.
Apart from giving a rude awakening to formerly trusting people, foundations and companies, the case also demonstrated to the public how ineffective financial [...]
What’s going on in the world economy?
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Boris Planer
