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Innehåll tillhandahållet av Michael N. Smith. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Michael N. Smith eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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Bernie Made-Off With Their Money

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Manage episode 431190144 series 3577351
Innehåll tillhandahållet av Michael N. Smith. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Michael N. Smith eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

An erstwhile sprinkler repairman, Bernard L. Madoff is the embodiment of the American dream, parlaying a paltry $5,000 initial investment in his own securities firm in 1960 into a nearly $1 billion dollar personal fortune by 2008.

Shockingly, his American dream becomes a nightmare for thousands of investors who trust his sage advice and reputation for delivering extraordinarily high rates of return. Because Madoff is not, in fact, “the biggest market maker on NASDAQ.” He is, more accurately, one big, fat fraud. Listen and learn all about it.

More Blundering Brainstorms to Come

The next episode of "100 of the Worst Ideas in History, the Podcast" is in production and on its way to you. Watch for it wherever you get your podcasts. And remember to subscribe, like and comment.

For 99 other examples of historical, hysterical stinkin’ thinkin’ from the past, get your copy of "100 of the Worst Ideas in History," available at Amazon.com and better retailers everywhere. Audiobook now available at Audible.com and other platforms.

  continue reading

22 episoder

Artwork
iconDela
 
Manage episode 431190144 series 3577351
Innehåll tillhandahållet av Michael N. Smith. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Michael N. Smith eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

An erstwhile sprinkler repairman, Bernard L. Madoff is the embodiment of the American dream, parlaying a paltry $5,000 initial investment in his own securities firm in 1960 into a nearly $1 billion dollar personal fortune by 2008.

Shockingly, his American dream becomes a nightmare for thousands of investors who trust his sage advice and reputation for delivering extraordinarily high rates of return. Because Madoff is not, in fact, “the biggest market maker on NASDAQ.” He is, more accurately, one big, fat fraud. Listen and learn all about it.

More Blundering Brainstorms to Come

The next episode of "100 of the Worst Ideas in History, the Podcast" is in production and on its way to you. Watch for it wherever you get your podcasts. And remember to subscribe, like and comment.

For 99 other examples of historical, hysterical stinkin’ thinkin’ from the past, get your copy of "100 of the Worst Ideas in History," available at Amazon.com and better retailers everywhere. Audiobook now available at Audible.com and other platforms.

  continue reading

22 episoder

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