http://www.businessweek.com/investing/insights/blog/archives/2008/12/credit_crunch_u.html?chan=top+news_top+news+index+-+temp_news+%2B+analysis
This is a neat one. This Madoff guy is 70 years old and apparently an expert trader on wall street but he just got busted for billions of dollars because he was taking the money new investores gave him and using it to pay off old investers. He never really had a profit.
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