Bibliograph

Madoff, corruption, deceit, and the making of the world's most notorious Ponzi scheme, Peter Sander

Type

Label

Madoff, corruption, deceit, and the making of the world's most notorious Ponzi scheme, Peter Sander

Language

eng

resource.biographical

individual biography

Index

index present

Literary Form

non fiction

Main title

Madoff

Oclc number

298184804

Responsibility statement

Peter Sander

Sub title

corruption, deceit, and the making of the world's most notorious Ponzi scheme

Summary

"In December 2008, with financial crisis sweeping America and the globe, Bernard "Bernie" Madoff, a leading Wall Street figure and former chairman of the NASDAQ Stock Market, dropped the bombshell: For years he'd bilked thousands of investors worldwide to the tune of $50 billion. Overnight, the term "Ponzi scheme" --a fraudulent investment strategy that pays returns to early investors with money invested later by others--became synonymous with Madoff's name. In the first comprehensive account of this epic scandal, Peter Sander traces Madoff's rise from unremarkable Jewish schoolboy to Wall Street trader, from money maker to money manager. His gripping narrative examines how Madoff built his brand, how he infiltrated influential circles, and how the scheme came unraveled"--P. [4] of cover

Classification