points: 0

The Bernie Madoff Scandal

Explained by Ernie and Cookie Monster.


by yak

submitted April 1st 2009

what do you think? let everyone know!
muchoworthynot muchoworthy
comments (12)
Ponzi scheme. Sort of like our Social Security...
9 years ago
I don't think madoff meant for it to be a ponzi scheme at first. He dug himself a hole, and the only way to get out of it and repay his investors was to get more investors. At a one time or another, he must of realized he hit the point of no return and started planning what to do with all this cash.
9 years ago
dood, original post fail.
9 years ago
"where just going to put it in a trust fund and.... it's gone."
9 years ago
9 years ago
reply fail
9 years ago
^political/social/economic fail.
And this happens a lot to me because I forget to refresh.
9 years ago
that's ok :)
9 years ago
The gun at the end was the clinch point.
9 years ago
Politics are unbearable.
9 years ago
i swear to god i love cookie monster
9 years ago
9 years ago
recover password
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