How Bernie did it

A good read on how Madoff ran his ponzi scheme. From Fortune mag April, 24, 2009

Madoff is behind bars and isn't talking. But a Fortune investigation uncovers secrets of his massive swindle.

Madoff Employee Breaks Silence

An employee of Bernard Madoff’s legitmate brokerage operations, which were described by the fraudster in his plea agreement as being “successful and profitable,” has told The Daily Beast that they were in fact money-losers that acted as a front for his Ponzi scheme.

Ponzi scheme - Jay Leno

Ponzi scheme. You know what a Ponzi scheme is? That's where you throw good money after bad, or as the government calls it, a stimulus package.

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And we believe it and accept it ! It was promised !

So....who really should be blamed for it?