Can't We Trust ANYBODY?

Wall Street money manager for nearly 50 years who built an influential firm has confessed to a massive fraud scheme that will cost investors at least $50 billion, federal authorities say. Bernard L. Madoff, 70, facing a single count of securities fraud, declined to speak with reporters after a federal magistrate judge in U.S. District Court in Manhattan ordered him released Thursday night on $10 million bail." This is a man many people trusted with a LOT of money, but all this time he was fleecing them. How many other people in similar positions are doing the same? His name rhymes with "made off," which is proper, because he "made off" with a lot of other people's money. (IBD Editorials)