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Bernard L. Madoff (born April 29, 2008) is a former chairman of the [[Nasdaq]] stock exchange, founder of Bernard L. Madoff Investment Securities, and the central figure of the [[Ponzi scheme]] story broken on December 11, 2008.
[[Category:Economics]]Bernard L. Madoff (born April 29, 2008) is a former chairman of the [[Nasdaq]] stock exchange, founder of Bernard L. Madoff Investment Securities, and the central figure of the [[Ponzi scheme]] story broken on December 11, 2008.
He was arrested and charged on December 11 with securities fraud- his Investment Securities was, according to his own words after his arrest, "Basically a giant Ponzi Scheme." <ref>1</ref>
He was arrested and charged on December 11 with securities fraud- his Investment Securities was, according to his own words after his arrest, "Basically a giant Ponzi Scheme." <ref>1</ref>