Tuesday, December 16, 2008

Madoff Fraud has Worldwide Ripple Effects.

Ex-Nasdaq chair arrested on fraud charge, Richard Madoff, had put an elaborate fraud scheme together. Major European banks are now effected by the fraud. This latest scandal combined with the " toxic paper" from bad loans will make it harder to restore any trust from the global financial community to Wall Street.

read more | digg story

No comments:

5-18-2026

Trump's Reversal on China Buying U.S. Farmland Angers MAGA Supporters   Trump Snubs His Big Faith Event to Go Golfing White House ballro...