Bernie Madoff's Arrest Shakes Wall Street | On This Day
December 11, 2024
7,545
65
14
1.05%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg Television Episodes Around December 11, 2024
See what was published immediately before and after this episode.
1:17Can #Trump secure the border and shrink the government? #politics #podcast
2:39Now PlayingBernie Madoff's Arrest Shakes Wall Street | On This Day
YouTube Description
as posted by the channelTime for a look back at this day in history, December 11th, 2008. Bernard Laurence Madoff, the investment adviser who promised stellar, stellar returns, I should say, to a list clients all while defrauding them of more than $19 billion, was arrested and charged with running history's largest ever Ponzi scheme pulled out of his Manhattan apartment building in the morning hours. The arrests would officially unravel a multi-year scheme, or Madoff used money from new investors to repay older investors, in some cases, creating false trading records to cover up losses and nonexistent investments.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance
Visit for business news & analysis, uptotheminute market data, features, profiles and more.
Connect with Bloomberg Television on:
Connect with Bloomberg Business on:
More from Bloomberg:
Bloomberg Radio
Bloomberg Surveillance
Bloomberg Politics
Bloomberg Originals
Watch more on YouTube:
Bloomberg Technology
Bloomberg Originals
Bloomberg Quicktake
Bloomberg Espanol
Bloomberg Podcasts
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.