ever doubt Wall Street is a rigged, shadowy cabal?
Bernie Madoff… the guy who ran the biggest Ponzi scheme in history ($65B stolen) while holding top insider spots as:
• Chairman of NASDAQ (1990, 1991, 1993)
• Chairman of the NASD Board of Directors (FINRA’s predecessor – the industry’s self-regulator)
• Member of NASD’s Board of Governors & key committees
his regulatory clout gave him untouchable credibility & helped his fraud evade scrutiny for decades
it was the Fox guarding the henhouse
