The Madoff Scandal

Steve takes a closer look at Bernie Madoff and his alleged scheme that may have bilked investors of 50-Billion dollars. Then - Rod Blagojevich's silence speaks volumes about his innocence. He's still in power in Illinois. But for how much longer?

Episode Segments:

Who is Bernie Madoff? Bernie Madoff has allegedly swindled investors of over 50-Billion Dollars in a Ponzi Scheme. But who is Bernie Madoff, and what is a Ponzi scheme? Steve provides an overview of the scandal.
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Ignoring the Red Flags Who was looking after Madoff & how was he able to get away with it? Where was the regulation? Steve lists many of the unanswered questions & shady practices that were apparent in these scandals. Plus - theres an ongoing Ponzi scheme that youre involved in and youre not even aware of it!
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The Ongoing Blago Scandal Rod Blagojevich denied any wrong doing in front of a press conference, but refused to answer questions. But Steve says not so fast if you arent guilty, why arent you saying anything? And why did the Chicago Media ignore the warning signs about his activities?
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Blago & Obama - whats the connection? How deep does the corruption actually go in Illinois? Does it reach the White House? Democrats are convinced Obamas clean.... but do they know that for certain?
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