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 [...]
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The BiggerPockets Real Estate Show (sort of): Episode 2
by Joshua Dorkin | December 21, 2008Exploring a Future Foreclosure Bailout and the Bernard Madoff Ponzi Scheme The second episode of the BiggerPockets.com Real Estate Show features the show’s hosts, Joshua Dorkin (founder of BiggerPockets and yours truly) and Charles Feldman (journalist extraordinaire) covering such topics as a possible future housing bailout, coping with the current housing crisis, Bernard Madoff’s $50 [...]