In the mid-1960s, Bernard Madoff tapped money from Jewish businessmen at exclusive country clubs with the promise of steady guaranteed returns on their investments. He then set his sights on Europe and Latin America, brokering deals with powerful hedge fund managers and feeder funds from Buenos Aires to Geneva. Billions of dollars were channeled to Madoff's investment firm, and his feeders became fabulously wealthy. The competition wondered how the man could produce such steady returns in good times and bad. There were allegations that Madoff was "front-running" or operating a Ponzi scheme, which the SEC investigated several times over the last two decades. But Madoff remained untouched until December 11, 2008, when he admitted it was all "one big lie." FRONTLINE producers Martin Smith and Marcela Gaviria unravel the story behind the world's first truly global Ponzi scheme-a deception that lasted longer, reached wider, and cut deeper than any other business scandal in history.
Terror in EuropeConfronting ISISThe Choice 2016The Education of OmarinaA Subprime EducationA Subprime Education/The Education of OmarinaMosquito HunterPolicing the PoliceBusiness of DisasterThe Secret History of ISISBenghazi in Crisis/Yemen Under SiegeYemen Under SiegeBenghazi in CrisisChildren of SyriaSaudi Arabia UncoveredChasing HeroinThe Fantasy Sports GambleSupplements and SafetyNetanyahu at WarChildren of ISIS
Vermont PBS educates, informs, entertains and inspires Vermonters to be lifelong learners and engaged in their community.
Recorded live at the 2016 Burlington Discover Jazz Festival, we're back with Season 2 of Discover Jazz
Upcoming and featured!
People talk about Vermont PBS!