#bernie-madoff

#bernie-madoff

Bernie Madoff started with penny stocks in the '60s, building a company that would become Bernard L. Madoff Investment Securities.As his company grew, Madoff added incredibly high-profile clients to his roster, often traveling the world to seduce the wealthy into allowing him to invest their money.The problem?

With their witching-hour Wednesday-morning signing of Carlos Correa, the New York Mets reportedly will be on the hook for something like half a billion dollars in player salary and luxury-tax penalties next season; the franchise has committed something in the neighborhood of $800 million in salary to nine guys just since free agency opened.

EY's global blockchain leader says that for the first time ever, crypto's price swings do not have that big of an impact on the long-term growth of the industry.Nonetheless, he stressed: It is also important that regulators crack down on obvious Ponzi schemes faster and with more severity.EY's Brody on Crypto Winter Paul Brody, global blockchain leader at EY, discussed the crypto winter, the need for regulation, and the collapse of crypto exchange FTX in an interview published by the Mint publication Thursday.