Performance Perspectives Blog

Madoff … more arrests being made

by | Feb 25, 2010

I’m pleased to see how others behind Madoff’s Ponzi scheme are being identified and charged: the most recent being Daniel Bonventre, Madoff’s operations director.

I must confess (sorry for the pun) that I think it’s odd that it took so long to get Bonventre, for surely the head of operations must have been deeply involved in these shenanigans. How could Madoff possibly have pulled this ruse off without his support?

When it’s all over, I look forward to reading an in-depth analysis of this extraordinary case.

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