New at Reason: Anthony Randazzo on Bernard Madoff's $50 Billion Ponzi Scheme

Though some may try to bill Bernard Madoff's multi-billion dollar swindle as new evidence in the case against evil capitalism, writes Anthony Randazzo, it has little to do with exotic investment vehicles or over leveraged hedge funds. Madoff's con is just your every day, run of the mill Ponzi scheme—it just happens to have been run by the Frank Sinatra of Wall Street.

Read all about it here.

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.


Get Reason's print or digital edition before it’s posted online

  • Video Game Nation: How gaming is making America freer – and more fun.
  • Matt Welch: How the left turned against free speech.
  • Nothing Left to Cut? Congress can’t live within their means.
  • And much more.