Madoff rip-off shattered trust, changed investment behavior

ITHACA, N.Y. – Notorious financier Bernie Madoff bilked more than 10,000 investors out of billions of dollars in the 1990s and 2000s in the largest financial fraud in U.S. history. But the effect of Madoff’s elaborate Ponzi scheme rippled far beyond his direct victims. For the first time, a Cornell University researcher and his colleagues […]