Madoff investment scandal Madoff investment scandal The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. In December of that year, Bernard Madoff, the former NASDAQ Chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate Ponzi scheme. Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest. The firm employed Madoff's brother Peter as senior managing director and chief compliance officer, Peter's daughter Shana Madoff as rules and
Pyramid of Sahure stood high with a base of and a slope of 56°. Its inner core comprised two steps of roughly hewn limestone blocks clad with fine Tura limestone. This construction technique, with a low-quality core masonry, meant a considerable saving of labor at the time of the construction. However, as the outer casing of pyramid fell victim to stone robbers throughout the millennia, the loosely assembled core material was progressively exposed and fared much worse over time than that of the 4th dynasty pyramids. Thus, today the cult pyramid is ruined beyond recognition. The pyramid courtyard was accessed either from the