Bernard Madoff swindled clients to the tune of $50 Billion in the recently revealed “ponzi” scheme. How could this have happened? How could supposedly sophisticated investors have been duped on such a grand scale?
It seemed that either no one was watching or the warning signs went unheeded. But you couldn’t blame them, nothing like this [...]
Joshua Dorkin
Charles Feldman
Ted Karsch.
Madoff Scandal Fallout: Do Investors Care?
by Matt Pitcher | January 10, 2009This was a question posed by an editorial in a prominent financial news media publication recently. I have asked myself the same question.
For those of us whose primary objective is raising capital and attracting authentic, unique, and compelling opportunities for that capital, the Madoff scandal could not have come at a worst time.
Or could it?
The [...]