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Slate Money Criminals: Bernie Madoff

Slate Money

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The Importance of Proper Due Diligence

John Avlon: Bernie Madoff's Ponzi scheme was enabled by JP Morgan Chase. He says people who know better look the other way because of greed. Avlon: Goldman Sachs decided not to trade with Bernie in his investment advisory business. "I have no words to describe the ineptitude that happened in this case"

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