Tuesday, February 10, 2009

Bernie Madoff

Bernard Lawrence "Bernie" Madoff (IPA: /ˈmeɪdɒf/) (born April 29, 1938 in New York City to Ralph and Sylvia Madoff) is an American businessman and former chairman of the NASDAQ stock exchange. He founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960 and was its chairman until December 11, 2008, when he was charged with perpetrating what may be the largest investor fraud ever committed by a single person. He was under house arrest until his possible indictment.

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