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paul.kedrosky.com - 12/12/2008
Blast from the Hedge Fund Ponzi Past
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While we're waiting for more details on the Bernie Madoff case, be sure to check out this blast from the hedge fund Ponzi past . It is a surprisingly similar case, that transpired on a much smaller scale here in San Diego a few years ago. And it got zero attention in the national press.  ...
gawker.com - 12/14/2008
Bernie Madoff - The House Built on a Ponzi Scheme
— gawker.com — Alleged $50 billion swindler Bernie Madoff has been confined to his house between the hours of 9... p.m. and 7 a.m. Ah, but which house? There's the apartment at 133 E. 64th Street on Manhattan's Upper East Side. But there's also the beach house in ... (more) Bernie Madoff - The House Built on a Ponzi Scheme
Comments vote down Lifehacker found this 12/14/2008found this
$50 Billion Ponzi Scheme Could Just Be For Starters [Ponzi Schemes]
consumerist.com - 12/13/2008
$50 Billion Ponzi Scheme Could Just Be For Starters [Ponzi Schemes]
— consumerist.com — Madoff's $50 billion scam came unwound when too many investors tried to pull their money at the... same time, which means we're likely to more big swindles get exposed in the coming months... ...as... (more) $50 Billion Ponzi Scheme Could Just Be For Starters ...
Comments vote down Rover Rover found this 12/13/2008found this
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Fund Management Fraud: Canadians Get in on the Action — Paul Kedrosky's Infectious Greed
Not to break the Bernie Madoff news cycle here, but another fund management fraud came to my attention today. This one's from Canada, and it is truly bizarre. Here is the gist: According to a complaint filed by the Ontario Securities Commission, a Canadian hedge fund manager running ...