Isn't money laundering a more credible explanation? The public is being asked to accept that Bernard Madoff ran a decades long Ponzi-Pyramid scheme analog type scam which has resulted in the $50 Billion swindle of all sorts of investors.
It is just incredibly far fetched that the short term scope of the Ponzi type scheme could sustain the long lasting structure necessary to swindle $50 Billion from investors with varied imperatives.
What is realistic is Bernard Madoff was operating a money laundering scheme, rehabilitating capital and enabling its viability at a certain strata of society.
This Bernard Madoff Ponzi spin is a diversion.
By Apropos
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