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Bye Bye Bernie

Summary:
As per the fate of all mortals, Bernie Madoff logged out yesterday for the final time. So it is worthwhile to recall why that inexorable event happened in the Federal penitentiary, as Sven Henrich exquisitely reminded in his post this AM: You know what got him caught? Not forensic accounting, not regulators, not investors, not […]

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As per the fate of all mortals, Bernie Madoff logged out yesterday for the final time. So it is worthwhile to recall why that inexorable event happened in the Federal penitentiary, as Sven Henrich exquisitely reminded in his post this AM: You know what got him caught? Not forensic accounting, not regulators, not investors, not […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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