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Why Big Tech's Jobs Bubble Burst. Plus, SBF's Scandal Deepens.
Plain English with Derek Thompson
Bernie Madoff's Ponzi Scheme
"This is worse even than what Bernie Madoff did," he says. "He took some money to so make it look like he's actually taken some money for himself." The former head of the NASDAQ was accused of running a Ponzi scheme that bilked clients out of their money. He worked at Enron when it was in bankruptcy, and has been linked to other corporate malfeasance.
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