Biz: What was Bernie Madoff trying to do when he stole all that money?
- There’s a good question to ask. Dude stole $50 billion in a fraudulent ponzi scheme and apparently hired people to make fake accounting documents for some stupid reason. As Madoff faces up to 150 years in jail on 11 federal charges, which he’ll likely plead guilty to on Thursday, his investors hope that the guy finally explains what his motive was. source