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Stock Investing > Finance Professor

Traders Say Madoff's Strategy Was Unworkable - WSJ.com

Mahar | Fri, 12/26/2008 - 10:15am | Bernie Madoff, ponzie schemes |  Add a comment

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Traders Say Madoff's Strategy Was Unworkable - WSJ.com : "The other red flag easily available to investors was the shallow volume in the options Mr. Madoff claimed to use as a hedge. About $3.25 billion of stock could have been protected by the total S&P 100 options outstanding at the end
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