How Bernie Madoff Faked a $64 Billion Empire #shorts #documentary

On December 10, 2008, Bernard Madoff confessed to his sons inside his Manhattan office that his entire investment firm was a lie. Despite managing a supposed $64 billion empire, Madoff had not executed a single market trade in decades. When the 2008 financial crisis triggered $7 billion in redemption demands, the greatest Ponzi scheme in American history collapsed overnight. Here is what really happened to Bernie Madoff's $64 billion empire in 60 seconds. Key Facts Covered: Date: December 10, 2008 Location: Manhattan, New York Impact: A $64 billion Ponzi scheme exposed, leaving only $400 in the company's checking account. #shorts #berniemadoff #documentary #ponzischeme #finance #truecrime #whitecollarcrime #history #wallstreet #investing #financialcrime #money