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Title: Madoff fraud case triggers international losses View count: 1438 Rating: 5.0 (2 ratings) Description: International investors and charities are claiming damages in what has been called one of Wall Streets biggest Ponzi schemes ever, a $50 billion fraud case alleging wrongdoing by Bernard Madoff, a former NASDAQ chairman. Andrew Ross Sorkin, a financial columnist at The New York Times, speaks with Martin Savidge about the losses faced by foreign investors and how huge banks like HSBC could be led into the scheme. Worldfocus video podcast: http://feeds.feedburner.com/worldfocus http://worldfocus.org/ Tags: andrew ross sorkin, economic crisis, fraud, madoff, world economy, news, nasdaq, worldfocus, Author: worldfocusonline |
