This article is a breakthrough. The actual interworkings of a major-firm role in feeding money to Madoff.
Study this article carefully. The "creation" of a triple leveraged instrument led to financial death and violation of JP Morgan's duty to its clients.
http://www.nytimes.com/2009/01/29/business/29madoff.html?hp
Link to "Walter Noel."
Thursday, January 29, 2009
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