New Dog, Old Tricks

Barrett, William P.
January 2009
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p50
The article offers views from notable people concerning the case of Bernard L. Madoff, founder of Bernard L. Madoff Investment Securities LLC involving fraud. Former New York Stock Exchange president Richard Whitney states that investors counted on Madoff's reputation, rather than on diligent inspection of his audits to safeguard their money. Charles H. Keating of Phoenix, Arizona argues that Madoff's clients trusted his unregulated investment firm with virtually their entire wealth.


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