Was the money making anything?
Also they mostly lost out on a YUGE market rise in the 2000s. That sucks.
But they weren’t involved in the crash since they weren’t invested in the market I assume.
Crazy.
Around 1990 he stopped making any money investing and just pocketed it. Then setup a system of fake back-dated trades and statements. Making up trades to create the illusion of a constant 10%+ return.
They estimated he banked around $500 Million in interest. From checking accounts...