market maker

Bernard Madoff, the Mafia, and Naked Short Selling

Bernard L. Madoff was once the chairman of the NASDAQ stock exchange. He was one of the most important market makers on Wall Street. And he managed what was, by some estimates, the largest...
Mark Mitchell
2 min read

A Ponzi Scheme that is Bigger than Bernard Madoff’s

Bernard L. Madoff’s fraud is “stunning,” says the SEC. It is a crime of “epic proportions.” But, says the SEC, we have nothing to worry about. The SEC caught the bad guy. It “moved...
Mark Mitchell
3 min read

A Ponzi Scheme that is Bigger than Bernard Madoff's

Bernard L. Madoff’s fraud is “stunning,” says the SEC. It is a crime of “epic proportions.” But, says the SEC, we have nothing to worry about. The SEC caught the bad guy. It “moved...
Patrick Byrne
3 min read