In 2009, Bernard Madoff was sentenced to 150 years in prison for executing what was likely the
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In 2009, Bernard Madoff was sentenced to 150 years in prison for executing what was likely the largest Ponzi scheme in history. What problem associated with asymmetric information was central to Madoff’s success in cheating so many investors for so long?
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Ashok Kumar Malhotra
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Related Book For 
Money Banking And Financial Markets
ISBN: 9781260226782
6th Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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