'A Giant Ponzi Scheme'

December 17, 2008 | This article appeared in the January 5, 2009 edition of The Nation.

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What separates Madoff's Ponzi scheme from the follies of the bailed-out banks, and how is Blagojevich's pay-to-play any different from standard political fundraising?

About the Author

Alexander Cockburn

Alexander Cockburn, The Nation's "Beat the Devil" columnist and one of America's best-known radical...

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