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Wednesday, January 15, 2014

More on J.P. Morgan and Bernie Madoff's Ponzi scheme

Here is an article  that explains J.P. Morgan's recent deal with the U.S. government related to the firm's relationship with Bernie Madoff, the convicted Ponzi scheme criminal. We talked about Madoff and Ponzi schemes in class Wednesday.

And try to check out the link in the previous post, to an article about MORE financial misbehavior, this time about the U.S. aluminum manufacturing company Alcoa's dealings in Bahrain.

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