- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Bernie Madoff or Other Ponzi Scheme Question
Posted on 1/15/24 at 1:55 pm to SlidellCajun
Posted on 1/15/24 at 1:55 pm to SlidellCajun
quote:
He was as legit but fell into a trap where his ego would not allow him to show negative returns so he tried to mask his way out and it fell apart.
From everything I have read and watched he went rogue pretty early on in his career. If I remember correctly he even had to borrow money from his father in law early on to patch a hole. And then it exploded from there. I think that because he started it so early on that is what allowed him to build it to the point it got to. Now he did have a seperate market maker business that was legit but that was not the investment arm and was started well later in his career.
Popular
Back to top
Follow TigerDroppings for LSU Football News