Examining Bernie Madoff and His Schemes | Multi Level Monday

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Welcome to Multi Level Mondays, a weekly series all about multi level marketing, pyramid schemes, and ponzi schemes.

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Writers/Researchers/Helpers:
Ali Zagame

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Claire Wiley:

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G. Thomas Craig

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31 Comments
  1. marla rose says

    I honestly hated the book night by eli whesil. Mean i get it was real and was horrible i just didnt feel anything other than anoyed. But that may also been becuse it was the third consecutive year an english class shoved a jewish holocaust book down my throught and beged me to feel sad bout it. I wont feel sad i wont feel anytging i have autism my empathy just comes and goes as it fin pleases i get more upset bout dogs than i do any person. What really anoyed me bout those three years is that it caused me to be antisemitic for a while although i dont know anyone antisemitic. I just had to grow up a bit and realise that just becuse a group of people can seem generally whiny dosent mean anything. They are just as broken as every other idiot on the planet.

  2. Thomas Jones says

    The SEC has no clout and no teeth under the law. People willfully crashing the entire system cause death and despair among citizens, and the fines are set in terms from the 1930s, or even earlier. This is on purpose, and you will never see it improve.

  3. Donna Mark says

    Despite all the economic crisis this is the right time to start up an investment

  4. quotetheraven90 says

    Juice gonna be juice

  5. What's A Good Username? says

    Iray ho an'ny algorithm

  6. Maria Stevens says

    A perfect example of how badly psychopaths hurt society. He's definitely a psychopath from the sound of it.

  7. Maria Stevens says

    12:40 bullshit, he brought the SEC up to speed when they needed help. They were simply turning their heads for hush money, more or less. Makes them just as guilty and they should be prosecuted as well.

  8. Hannah Campbell says

    The SEC has been in the pockets of dirty hedgefunds since the beginning. Not surprised it took so long to actually catch Madoff. If this interests you, you should look into Citadel….

  9. Candice Carter says

    This is terrible. I am happy he caught. Please do Kmart store. Keep up good work.

  10. Chihirolee3 says

    When you think about how this guy got away with his scam for so long, there's 100% guarantee that there are others who have yet to be caught.

  11. BlueSpiritFire1 says

    Not quite on the Madoff scale but….I'm grimacing about the currently unfolding Girardi stuff when she says "hopefully we don't see anything like this in the future".

  12. ᑏᐊ ᕗᐃᓴᓐ says

    I haven't heard of Bernie Madoff, but I like learning new things with this channel.

  13. ᑏᐊ ᕗᐃᓴᓐ says

    I like the editing of your videos

  14. Aljaž Božičko says

    SEC: Do our job!

  15. ICA says

    You gotta stop walking on eggshells… the FCC most likely didn't care so long as money was flowing and made their books look good.

  16. thegameplayer125 says

    now you need to do worldcom so that way you did the holy trinity of american business corruption in the 2000s (enron, worldcom, madoff)

  17. jetseekers says

    Hey. Always interwsted in more info about Bernie Madoff.
    Also, how's Casper doing? (Havent checked in in a while tbh)

  18. Joe M says

    He Madoff with a lot of people's hard earned cash.

    I'll see myself out.

  19. The Nut Dealer says

    I guess you can say that Bernie Made off with the money

  20. Annika Heiskanen says

    i love this vid, but i do have one suggestion. instead of just a general trigger warning for suicide, mention that youre going to have graphic depictions of suicide and self harm up front. im several years clean from self harm, and im okay with talking abt it in the abstract, but specific details tend to bring up painful memories, and id assume that holds true for lots of people. or just dont include the details, i think the segment had enough weight to it without them.

  21. Reneisha R. says

    Somehow, his wife's response and attitude towards everything always pissed me off way more than what Madoff did. She was whining over how horrible people were being to her as if she didn't benefit from his crimes. Some people lost EVERYTHING, and she was sitting in a NY penthouse singing "woe is me"? Like, how disconnected and self-absorbed can you be?! I always thought her ass shoulda been thrown in jail right next to him. There's no way she's didn't know, or have an inkling he was doing something wrong. Especially since she knew to withdraw her money the day before he confessed. 🤔 Yeah I wasn't buying the oblivious wife act for a second.

  22. RyderMCG says

    You can say the man truly….

    Puts on sunglasses

    Madeoff with peoples money

  23. Hurtn Albertn says

    A government agency being ineffective, lazy, and negligent? Imagine my surprise. who's ever heard of such a thing?
    Also a Jew ripping off a holocaust survivor is one of the most evil things I've ever heard of, it's just so unspeakably wrong.

  24. pretendanimator says

    I'd steal from all those rich people too 😂

  25. Matthew Stinar says

    What astounds me is how completely ordinary it is for balance sheets to show substantive returns with little to no economic productivity to back them up. Most valuations are built on hypothetical sales to the greater fool.

    Apple's valuation shot past $1T without ever paying a dividend. The only thing connecting the valuation to the company's productivity was hopes and dreams.

    Your typical retirement account isn't different enough from what Bernie Madoff created to deserve any credibility. It will only continue to pay out as long as there is a greater fool willing to hand their money to retirees.

  26. WhittyWhitts says

    Looks like Bernie “Madoff” with a lot of money!

  27. B B says

    Man im 40 and very pessimistic. Hardened by life due to things i see everywhere and everyday. I really wish i could have that outlook that Mr. Weisel had. Idk how he did it? Especially since he saw true evil when just a youngster

  28. B B says

    Bernie couldn't have had a better name for what he did. Bernie Madoff with errybody bags. Yes, i know it's old. But, im old and corny-so humor me😁

  29. Sil Marillian says

    If it looks to good to be true it probably is

  30. Agent Orange says

    Bernie Madoff with loads of money , no one thinks the name is weirdly fitting? Naughtiiness

  31. Steven Corcoran says

    >Saved up the equivalent of $44,000 from one year of lifeguard work.
    See this is why my parents and grandparents told me you can afford collage with your summer job.

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