Staff / TruthdigDec 19, 2008
On Thursday, President-elect Barack Obama introduced three top financial appointees who will help him with the unenviable task of revamping the government's economic regulatory system and "crack[ing] down on this culture of greed and scheming that has led us to this day of reckoning,” as Obama put it. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 13, 2008
Here's yet another candidate for the expanding collection of Tales from the Dark Side of Wall Street (is there any other side?): The Wall Street Journal reported Friday that Bernard L. Madoff, a top trader for nearly five decades who has served as chairman of the Nasdaq Stock Market, was arrested this week after his sons turned him in for engineering an elaborate "Ponzi scheme." Dig deeper ( 1 Min. Read )
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