In the 1960s, Bernard Madoff tapped money from businessmen at exclusive country clubs with a guarantee of steady returns on their investments. He then set his sights on Europe and Latin America, brokering deals with powerful hedge fund managers and ...
The $8 billion fortune amassed by the hedge fund titan Steven A. Cohen was stunning: a 35,000-square-foot mansion on Connecticut's "Gold Coast;" a $62 million beach house in the Hamptons; and a $115 million duplex in New York City, furnished with so...