These days, the story is almost a blip.
One thing in particular impressed my household...
Bernie Madoff: Wall Street titan who fell to earth | Business | The Guardian:Technically, he was a former chairman, I haven't been able to find out when.
... Clients describe Madoff as pleasant and easygoing. He was chairman of the technology-focused Nasdaq exchange...
It's getting harder to reassure certain people that the entire American stock market isn't completely corrupt.
Update: This doesn't help.Update 12/18/08: Well, it's not a blip. No-one will remember this story in 10-15 years, but I must confess it's astounding enough that it does stand out.
... There are also warnings from lawyers that practices such as these are more likely to unravel during tricky market conditions. Steven Philippsohn, chairman of the Commercial Fraud Lawyers Association, said: "This is the tip of the iceberg."..