04/13/2009 05:12 am ET Updated 4 days ago

Sesame Street Explains The Madoff Scandal (VIDEO)

No doubt the Madoff scandal is complicated, especially for children. To make it easier to understand Jimmy Kimmel commissioned Ernie and Cookie Monster from Sesame Street to reenact the scheme.

Ernie becomes a victim of Madoff, and, unfortunately, Madoff becomes a victim of Ernie.