How Madoff Managed To Fake His Trades

securitiesindustry.com:

Over the past six weeks, Securities Industry News has dug into and beyond the court records to construct the most extensive report yet on how Madoff actually operated: The systems and technology he and underlings used to create-or fake-the most detailed set of customer accounts underlying a fraud in the history of the securities industry.

Read the whole story: securitiesindustry.com

Comments

[2centsplain]

It gets much easier when you begin by surrounding yourself with greedy thieves.

[GerryS]

great-

a quick primer for others on wall street to copy------­----------

[NO more Bonus]

Due to Obama's inability to create an effective jobs program the only beneficiaries of this recovery is Wall Street- the same it's been since the 80's. FDP knew how to make work, but Obama doesn;t or chooses not to.

good articles; http://financeopinionss.blogspot.com
because of this he may lose in 2012.

[mmgbizgirl]

Cheap Seat Spectator.

[Lahonda]

Ever wonder how one of those "fraction of a penny" transaction schemes work? That's what is paying billions in Wall Street bonuses right now.

[InquisitionNews]

SC man gets 3 years in prison for sex with horse http://news.yahoo.com/s/ap/20091105/ap_on_re_us/us_horse_molester?utm_source=twitterfeed&utm_medium=twitter

[voltage356]

Yeah, did Bernie used Mike Bloomberg's terminal or Bloomberg machine. It's funny how Bloomberg has not made one comment about the arrest of Bernie. I find it strange that he flew off the Israel when the Madoff story broke.

[voltage356]

http://beginnersinvest.about.com/od/research/qt/bloomberg.htm

[vascopyjama]

The SEC helped him quite a bit.

[dadw5boys]

So the Judge sent the man to jail and he could not help find the others who helped in the scheme ?

Why Judge ??? What Company did not want them to have his help ?

[olddognewtrick]

A good magician does not reveal the "how to" of his illusions.­.and Madoff the Magnificent is one of the top ten of thecentury. I guess I'm not going to get my watch back?

[foxisms]

Once we learn, we can all do it.
Everybody needs a trade to fall back on.