Mutating a much beloved American Institution.
Tag: wall street
Madoff Asks Government for Money to Pay Off Earlier Investors
WASHINGTON, DC — Wall Street investment manager Bernard Madoff appeared before a congressional committee Monday to ask for $60 billion to reimburse investors who have lost money with his firm in what appears to have been a massive Ponzi scam.
Feds to Wager $200 Billion in Vegas Gaming
WASHINGTON, DC — Treasury Secretary Henry Paulson announced today that the United States has allotted $200 billion of the recently passed congressional economic bailout to