© 2025 New Hampshire Public Radio

Persons with disabilities who need assistance accessing NHPR's FCC public files, please contact us at publicfile@nhpr.org.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Support essential local news and protect public media with a donation today!

The Grand Hedge Fund Pyramid Scheme

Bernard Madoff's scheme has left dozens of banking firms and private citizens out of billions of dollars. It turns out Madoff's hedge fund was really a pyramid scheme. Madeleine Brand talks to Henry Blodget, editor of clusterstock.com, about who's affected and how much they lost.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Related Content

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.