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Front-running is what the street assumed Madoff was doing. It is a convenient scapegoat to explain fabulous returns. Any firm who was getting front-ran would se
by dtap 17y ago
Front-running is what the street assumed Madoff was doing. It is a convenient scapegoat to explain fabulous returns. Any firm who was getting front-ran would see this and switch brokers.
- kvs 17y agoFunny how the company's employees need to fill in a pile of paperwork and wait for a month before they can buy/sell anything but the same rule doesn't apply to the company itself.