Madoff fraud case triggers international losses

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Uploaded by on Dec 15, 2008

International investors and charities are claiming damages in what has been called one of Wall Streets biggest Ponzi schemes ever, a $50 billion fraud case alleging wrongdoing by Bernard Madoff, a former NASDAQ chairman.

Andrew Ross Sorkin, a financial columnist at The New York Times, speaks with Martin Savidge about the losses faced by foreign investors and how huge banks like HSBC could be led into the scheme.

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  • thats what happens when u trust Jews with your money

  • ook @ wat a citizen of America has done to Americans and the world market, if he was a Nigerian all of u will be washin ur dirty mouths, saying shit about Nigerians and Africa. U Americans r the one's teaching the world hw to be a fraudster, corrupt, killer, terrorist, rapist, scammer, prostitute innovating new ways to fuck and do all kind of stupid shit.

    look @ urselfs now, America is the center of terrorism and evil. u guyz need prayer, change ur ways Americas.. peace out

  • madoff is jewish, DONT FORGET

  • no way. where do you think the $50 billion went?

  • Why doesn't someone just kill him? You could pay me 8000.00 and I would kill him. He would beg to die.

  • I think I'll take off work early so I can start crying for Steven Spielberg.

  • Madoff? Nothing compared to the Ponzi scheme that is "Social Security". HA!

  • His rich Jewish friends and all his connections are now sucking salt and I can guarantee want nothing to do with him.

  • No, he will die in jail.

  • He will not get more than 2 years in jail. GUARANTEED !!!

    He's Jewish , rich and has connections

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