Business

Photos: Rich Who Behaved Badly in 2008

A look at the worst excesses, scams and low-finance shenanigans of the world's global elite

No single year holds a monopoly on bad behavior among the decadently rich. Bernard Madoff, the disgraced New York money manager, has been scamming investors for a decade or more, according to the SEC. But this was the year of the worst economic crisis since the Great Depression, and when the tide went out on high finance, it revealed a lot of rotting fish on the sandy floor beneath. From a hedge fund manager who faked his suicide to a tyrant's wife who splurges on Ferragamos while her people starve, here's our look at the worst excesses of the global moneyed elite.

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Posted By: Driver of wagons @ 06/30/2009 12:49:39 PM

"ABSOLUTELY!
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Posted By: alan562 @ 03/13/2009 12:25:26 PM

I think stealing your fellow man's money is a sickness like alcoholism or drug abuse, but there is still no excuse for it because there's always help out there for any sickness if you want the help. I believe it's a weakness in yourself for over entitlement.
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Posted By: paebak @ 03/13/2009 9:26:07 AM

Oldfart1 has it exactly right! How many of the "victims" would have blown the whistle on Madoff or withdrew their money if they knew their was corruption but kept getting their returns? What Madoff did was disgusting and there were people feeling privileged to be linked with him as long as the money appered to roll and others standing in line to get into his favor. lloyd