Planet Money


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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.


Planet Money: The Madoff Matter

December 15th, 2008

Episode 68 of 974 episodes

New York investment manager Bernard Madoff stands accused in a $50 billion Ponzi scheme at his firm. As Felix Salmon of Portfolio explains, Madoff wasn't running a hedge fund. But in hindsight, things might have turned out better that way.

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