Bernard Madoff, the architect of the biggest Ponzi scheme in history, is a total jerk. He destroyed peoples lives. Some people's entire life savings, millions of dollars for some people, have been lost. In a recent development, one of the scheme's largest beneficiaries, one of its earliest investors, is making good. Barbara Picower, whose husband invested with Madoff for 35 years, is returning more that $7 Billion, yes BILLION to victims. The justice department announced the news recently.
Full story here.
Saturday, December 18, 2010
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