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Extra Credit Monday Edition

Market Movers

by Felix Salmon
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Madoff's Trading Statements   Goldman Starts Getting Smaller

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Dec 15 2008 6:22pm EDT

Extra Credit, Monday Edition

Profitable Until Deemed Illegal: "About as close to pure, distilled evil in a business plan as I've ever seen."

A Pennsylvania Save, Funded by Tarp: TARP saves 9,000 jobs! There, that was surely worth $350 billion.

Fairfield Greenwich Group: We Thought Bernie Madoff Was Best Money Manager In World: Blodget takes apart Fairfield. But how many investors were simply using Fairfield to get access to Madoff?

How I Got Screwed by Bernie Madoff: "I think everyone knew the call would come one day. We all hoped, but we knew deep down it was too good to be true, right?"

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