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

December 18, 2008

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.