Political Quotes

Barack Obama: “Last month, the confidence of American investors was badly shaken with the revelation that Bernie Madoff, former…”

On the recordJanuary 14, 2009
Last month, the confidence of American investors was badly shaken with the revelation that Bernie Madoff, former Chairman of the NASDAQ stock exchange, was running a $50 billion investment fraud scheme.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Highlighting the impact of the Madoff scandal on investor confidence.

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