Madoff Stock offering

Jan 5, 2009 by Sam

If Madoff had invested all his 50 billion into a asset management company micro stock  at 1 penny (lets call it Madoff Capital Inc corp and we will give it a ticker of MACG)   and the early investors brought at the price. Stock goes up- because people love Madoof. think he can build a great firm.  MACG stock soars.- the early investors sell at 1 dollar- make a fortune. Then it turns out that Madoff is not really so great.  Stock drops- now worthless. Later people lose their savings. Ponzi Scheme ? or just the Stock Market or…..??? Think. Think.