Blast from the Hedge Fund Ponzi Past

While we’re waiting for more details on the Bernie Madoff case, be sure to check out this blast from the hedge fund Ponzi past. It is a surprisingly similar case that transpired on a much smaller scale here in San Diego a few years ago. And it got zero attention in the national press.

[Update] In a comment to this post someone points out that there were other premonitions too. Specifically, someone alleged three years ago that Madoff was under investigation. Read more here, and be sure to click through all the way to present.

Related posts:

  1. White Hedge Fund Managers Can’t Spell
  2. Hedge Fund Success Dooming Industry to Lower Returns?
  3. A Simple Hedge Fund Outflow Model
  4. Hedge Fund Leverage, Then and Now
  5. An Underreported $120m Hedge Fund Meltdown