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One swallow does not make a summer, but one skein of geese, cleaving the murk of March thaw, is the Spring.
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Tag Archives: Bernie Madoff
Probe leads investors to wonder: Is game rigged?
The Wall Street insider trading investigation may lead everyday investors — already rattled by a stock market meltdown, a one-day “flash crash” and the Madoff scandal — to finally conclude that the game is rigged.
“A large part of trading has to do with trust, and I don’t have it,” says Mark Swenson, a 43-year-old plumber from New Hampshire who refuses to buy individual stocks. “When a stock moves up 10 percent, you don’t know why,” he added. “We can pretend that everyone has access to the same information, but they don’t.”
Even before news broke…read more Read More
Investment Scams
On Dec. 11, 2008, Bernie Madoff confessed to basically a giant Ponzi scheme involving, in Madoff’s own estimation, $50 billion. He was promptly arrested and charged with 11 criminal counts, including securities fraud, wire fraud, mail fraud, money laundering and … Read More
