Details of the spectacular fraud allegedly perpetrated over
many years by Bernie Madoff continue to unfold this week as
Madoff was placed under house arrest.
Madoff, who ran Bernard L. Madoff Investment Securities, was
arrested on December 11 after he allegedly confessed to running
"a giant Ponzi scheme" that by his estimates totaled $50
The fraud, which lasted years, has had wide-ranging impacts
on hedge funds,...