The Wizard of Lies is a 2017 American television movie, based on the non-fiction book of the same name by Diana B. Henriques. The movie stars Robert De Niro as famous businessman and fraudster Bernard Madoff and Michelle Pfeiffer as his wife Ruth Madoff. The movie, nominated for 2 Golden Globes, tells the real story … Continue reading The Wizard of Lies
A stock exchange or stock market is the physical or virtual place where the issuing and trading of shares takes place. The stock market is one of the most important components of an economy, as it provides companies with capital in exchange for giving investors partial ownership of the firm. Stock markets can be split into two … Continue reading What is a stock exchange?
The NASDAQ is a global electronic financial market where securities are bought and sold. However, more often the term is associated with the NASDAQ Composite, a benchmark index which gathers more than 3000 stocks listed on the Exchange, including some of the world most famous technology and biotech firms, like Apple, Google or Amazon. This … Continue reading What is the NASDAQ?
Bernard Lawrence "Bernie" Madoff (1938-alive), usually simply known as Bernard Madoff, is an American fraudster and a former hedge fund manager and financier. He is famous for being the author of the greatest financial fraud of all times, the so-called Madoff Investment Scandal, happened in 2008 at the peak of the Great Recession. In the past, … Continue reading Bernard Madoff
Bernard "Bernie" Madoff was a well-respected hedge fund manager, founder of a successful investment company named Bernard L. Madoff Investment Securities, LLC and, for a period of time, Chairman of the NASDAQ. In 2008, at the peak of the Great Recession, Madoff admitted to his sons who worked with him at his firm that the company was … Continue reading Bernie Madoff and the greatest financial fraud of all times