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Media May Have Played a Role in Madoff Scandal, Says CNBC Contributor

newsbusters.org » 2008 » December » 23rd » Media May Have Played a Role in Madoff Scandal, Says CNBC Contributor

Tagged: video, cnbc, economy, stock market, businessweek, business coverage, dylan ratigan, fast money, bailouts, jon najarian, barron and 039 s, bernard madoff

Is it possible the financial media played a role in facilitating the alleged $50 billion Bernard Madoff Ponzi scheme? An interesting theory by Jon Najarian, CNBC analyst and cofounder of optionMONSTER, contends that they very well may have unwittingly done just that. Madoff, he believes, used media publicity to lure investors to his scheme. As Najarian explained on CNBC's Dec. 22 "Fast Money," … Continue Reading »

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