Bernie Madoff was a legend on Wall Street. His clients were prominent figures such as Steven Spielberg and Elie Wiesel. However, the biggest Ponzi scheme in America's financial history — in which newer clients' money was used to pay longer-standing clients — was only uncovered when economic conditions deteriorated to a point where it was hard for Madoff and his associates to cover their tracks.
Today's Question: Who is to blame for Madoff's crimes?
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