Due Diligence

More than a week after Bernard Madoff was arrested, Diana Henriques, summing up the findings of 11 stalwarts from the New York Times – the journalistic equivalent of the crew that won cricket’s Prudential World Cup in 1983 – reported that “The case is still viewed more with mystery than clarity… But whatever else Mr. Madoff’s game was, it was certainly this: the first worldwide Ponzi...

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