Topic: Ascot Partners

Ponzi vs. Ponzi?

Chicago derivatives consultant Janet Tavakoli once again valiantly suppresses the urge to bite her tongue: The largest Ponzi scheme in the history of the capital markets is the relationship between failed mortgage lenders and investment banks that securitized the risky overpriced loans ...

Ponzi v. Ponzi?

Chicago derivatives consultant Janet Tavakoli once again valiantly suppresses the urge to bite her tongue: The largest Ponzi scheme in the history of the capital markets is the relationship between failed mortgage lenders and investment banks that securitized the risky overpriced loans ...
The shocking revelation that prominent investment manager Bernard Madoff's hedge fund, Ascot Partners, was a giant scam will intensify redemptions from scores of other hedge funds that will be forced to liquidate holdings and increase downward pressure on stock prices.. If ...