Biz, U.S.: Bernie Madoff: A man compelled to have killer returns. (Huh?)
- While I never promised a specific rate of return to any client, I felt compelled to satisfy my clients’ expectations, at any cost.
- Bernard Madoff • Explaining why he created his Ponzi scheme during a courtroom monologue while pleading guilty. According to him, he wanted to keep giving out continually good rates of return because he wanted his investors to love him. (No word on how he felt about his penthouse.) • source