Question
the Wall Street Journal's (WSJ) podcast, The Journal, April 16, 2021 episode entitled The Legacy of Ponzi Schemer Bernie Madoff (21:05). You can access podcasts
the Wall Street Journal's (WSJ) podcast, The Journal, April 16, 2021 episode entitled "The Legacy of Ponzi Schemer Bernie Madoff" (21:05). You can access podcasts for free on Apple Podcasts, Google Podcasts, Spotify, Stitcher, or any other podcast app. Link here: https://www.wsj.com/podcasts/the-journal/the-legacy-of-ponzi-schemer-bernie-madoff/286f755f-2fe8-4ab9-9435-0521f9f267c8. In this episode of The Journal, Ryan Knutson and Jamie Heller, both of the WSJ covers the recent death of Bernie Madoff. Madoff, notorious for running the largest ponzi scheme ever in history died while serving out his 150-year sentence in federal prison. Madoff was 82 years old. Please listen to the entire podcast episode and create a thread answering the following questions. This post is worth 5% of the course grade. Posts will be graded for critical thinking, clarity, and spelling and grammar. Please write in complete sentences and answer the questions fully. 1. The episode discusses various facets of Madoff's persona and "business" that helped sustain the ponzi scheme over multiple decades. Which element of Madoff's persona/operations do you feel helped most to propel the fraud over such a long period of time? Why do you feel this way? 2. Madoff's money management firm consistently "yielded" 8-12% returns, which at many times beat the
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