Black Swans, Ostriches, and Ponzi Schemes
Nancy B. Rapoport
University of Nevada, Las Vegas, William S. Boyd School of Law
August 17, 2012
Golden Gate University Law Review, Vol. 42, p. 627, 2012
UNLV William S. Boyd School of Law Legal Studies Research Paper Series
This essay discusses the relative culpability of the people who invested in Bernie Madoff's Ponzi scheme as well as some of the legal opinions in the case.
Number of Pages in PDF File: 15
Keywords: bankruptcy, Ponzi schemes, culpability, psychology, social sciences, Malcolm Gladwell
JEL Classification: K1, K10, L15, L89, K2, K20, K22, K40, K42
Date posted: August 18, 2012
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