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As banks and investors around the world continue to declare billions of dollars in losses in an alleged fraud perpetrated by Bernard Madoff, here's a historical note about the method that the 70-year-old Wall Street shyster allegedly used—the so-called Ponzi scheme—and how it came about. More ... Thirty-six years ago, Dec. 23, 1972, is a date that is etched in adrenaline memory for many watching and betting on one of history's greatest National Football League plays. The game: Oakland Raiders versus the Pittsburgh Steelers. More ... |
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