))
Bernie Made-Off With Their Money
Manage episode 431190144 series 3577351
Sisällön tarjoaa Michael N. Smith. Michael N. Smith tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
An erstwhile sprinkler repairman, Bernard L. Madoff is the embodiment of the American dream, parlaying a paltry $5,000 initial investment in his own securities firm in 1960 into a nearly $1 billion dollar personal fortune by 2008.
Shockingly, his American dream becomes a nightmare for thousands of investors who trust his sage advice and reputation for delivering extraordinarily high rates of return. Because Madoff is not, in fact, “the biggest market maker on NASDAQ.” He is, more accurately, one big, fat fraud. Listen and learn all about it.
More Blundering Brainstorms to Come
The next episode of "100 of the Worst Ideas in History, the Podcast" is in production and on its way to you. Watch for it wherever you get your podcasts. And remember to subscribe, like and comment.
For 99 other examples of historical, hysterical stinkin’ thinkin’ from the past, get your copy of "100 of the Worst Ideas in History," available at Amazon.com and better retailers everywhere. Audiobook now available at Audible.com and other platforms.
22 jaksoa
Jaa
