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Videosearch of Danny Schechter

Afshin Rattansi & Danny Schechter: The Madofff Scheme

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NEW YORK (MarketWatch) -- We're supposed to believe that Bernie Madoff is the Lee Harvey Oswald of Wall Street. As much as $50 billion has disappeared, according to some estimates, but it was a one-man job. Madoff acted alone. Not even his sons knew. OK, let's take that one at face value. The younger Madoff generation is either incredibly clueless or unbelievably corrupt. In any case, the fate of investors' money shouldn't hinge on the brains or honor of an investment manager's offspring ...