 The Wild Wild World of Wealth |
In case you missed Matt Lauer’s interview with Harry Markopolis, here it is. Markopolis is the money manager from Boston who met with SEC four times and tried to expose Madoff’s Ponzi scheme. He said some terrific things during the interview and some that give my pause: “If you don’t understand the strategy, don’t invest [...]
Here’s what I don’t get. Why is it necessary to sue these groups? Stanford’s name is toxic. I would think Democrats and Republicans alike would run from any association with him and return funds—quietly, under the radar, without spending taxpayer money through a back-and-forth lawsuit.
Scams: Pigeon Fever Sixty Minutes ran a terrific story last night on financial scams. Conclusions: Ponzi schemes are alive and thriving Gullability is here to stay. “Affiliation marketing” is the way con artists find you—at church, the country club, you get the picture. Watch CBS News Videos Online Last year, I posted the Top Ten [...]
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