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The Bubble and Beyond

The Bubble and Beyond

By Michael Hudson

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Tag: Gibraltar

Smash-Me Bernie
minimemodelworks.com

Madoff’s Businesses Worth $10M, Tops

Although $10 million is a lot of money, it’s not much compared with $50 billion in lost investments. The $10 million figure represents the upper limit of the current value of Bernard Madoff’s businesses, which Madoff had valued at $826 million before his proverbial fall. It doesn’t look good for his defrauded investors’ chances of reclaiming much of their missing funds.

Posted on Mar 16, 2009 READ MORE


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