In the early years of this blog I wrote about Bernard Madoff and his Ponzi scheme a few times, since it was the major financial news at the time. Now that Madoff has been sent to jail for at least 150 years, and many other financiers have been arrested for doing smaller versions of the […]

Would you trust this guy? Seems a lot of people did, to the tune of more than $1.2 billion dollars that are now gone. And this guy, Scott Rothstein, is heading to jail for probably the rest of his life, or at least 25 years of it, giving up all his assets of $300 million, […]

By now, everyone has heard of Bernard Madoff’s Ponzi scheme, but few people really understand just what it was he did. To begin with, few people know just what a Ponzi scheme is. I found a great article on a news site, but I knew it would be gone pretty quickly. So, I created a […]

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