Talk:Bernie Madoff

Latest comment: 24 days ago by 2600:1700:5CE0:4780:5C4E:2063:92FD:39FF in topic Error in Business Entity identification

Earlier events

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See http://archive.fortune.com/2009/01/16/magazines/fortune/madoff_mother.fortune/index.htm .

Re: wording

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It seems awfully misleading to characterize a ponzi scheme as being "worth" 64.8 billion.

It was a ponzi scheme; that money did not exist. Penguinnoir (talk) 17:16, 15 March 2023 (UTC)Reply

Error in Business Entity identification

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"After 41 years as a sole proprietorship, the Madoff firm incorporated in 2001 as a limited liability company with Madoff as the sole shareholder."

AN LLC is an unincorporated entity. You can only incorporate as a C-Corp, S-Corp, 501(C) NFP Corp, etc. 2600:1700:5CE0:4780:5C4E:2063:92FD:39FF (talk) 11:41, 30 October 2024 (UTC)Reply