We thank MSNBC.Com for this video clip. CNBC's Trish Regan gives us a report on the Bernie Madoff US$50 billion Scandal, possibly the biggest financial fraud in terms of amount ever in the entire history of the world.
Everyone in the world seem to think that such things happen everywhere else in the world, but NEVER in America; and yet, this is happening in America, one blow up after another. The latest is that people are outraged that a woman who embezzled US$2 million is not allowed bail, but Madoff with a US$50 billion con job, gets to walk out of jail .... not exactly free, cause he had to post bail, but hey, with US$50 billion, who can't post bail?
What's the world coming to? Sigh .... we need to listen to Mr. Sandman again, just to sooth our nerves .... this time to avoid being upset. :)
Best wishes,
Ooi
Everyone in the world seem to think that such things happen everywhere else in the world, but NEVER in America; and yet, this is happening in America, one blow up after another. The latest is that people are outraged that a woman who embezzled US$2 million is not allowed bail, but Madoff with a US$50 billion con job, gets to walk out of jail .... not exactly free, cause he had to post bail, but hey, with US$50 billion, who can't post bail?
What's the world coming to? Sigh .... we need to listen to Mr. Sandman again, just to sooth our nerves .... this time to avoid being upset. :)
Best wishes,
Ooi
Visit msnbc.com for Breaking News, World News, and News about the Economy
Here is a video clip discussion of the damage done by Bernie Madoff from MSNBC.Com.
Visit msnbc.com for Breaking News, World News, and News about the Economy
MSNBC.Com's video clips on Bernie Madoff''s Victims: -
Visit msnbc.com for Breaking News, World News, and News about the Economy
Visit msnbc.com for Breaking News, World News, and News about the Economy
Visit msnbc.com for Breaking News, World News, and News about the Economy
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