Tag Archives: fiduciary responsibility

Fiduciary Responsibility and Due Diligence

The big story is not how Bernie Madoff with the money; Ponzi schemes are not that uncommon although the scale of this one is awesome. The BIG story in the Madoff affair is the role of fiduciaries.   At first B.M. fit model of the standard Ponzi … Continue reading

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Creative Finance and Bernie

This is a bit far afield for this blog, but I suppose B.M. was engaged in “creative finance” as well as “creative accounting.” I spent a couple decades in finance before joining academia so I knew the Madoff name and am … Continue reading

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