One other thing worth observing: Bernie Madoff had nothing whatsoever to do with causing the Global Financial Crisis. Yes he committed a financial crime and d

One other thing worth observing: Bernie Madoff had nothing whatsoever to do with causing the Global Financial Crisis. Yes he committed a financial crime and defrauded a few investors with a ponzi, but he wasn’t behind the systemic financial mass destruction of the GFC. Yet the media implicitly made him into a scapegoat for the GFC with heavy coverage of his trial filling the airwaves just as the public was authorities hold the perpetrators responsible. The media never explicitly claimed Madoff was part of the cause of the GFC, but rather used constant coverage of him to deflect attention from the real perpetrators of the crisis, who got away clean. What the media doesn’t report is often more telling about its integrity and agenda than what they do report.