20 business icons who went broke
The lives of the rich go from boom to bust surprisingly often. Here are 20 stories of success found and lost (and sometimes found again), from worlds as diverse as Wall Street, rap music, baking and the big top, using Bing to help tell them.
VIDEO ON MSN MONEY
The Federal Reserve System has been causing havoc and fraud since the New York bank cartel signed up with the government allowing the cartel to exist when a law was passed 12-22-1913. FRS has caused so many ups and downs in the market, buying bonds with money that they print when they think some of the banks or businesses or countries need money - this country has been boosted by trillions of Federal Reserve Notes created with no intrinsic real value behind them. USA is nearly bankrupt, the FRS has never been audited in the 99 years it has been in business. It is not Federal, there are no reserves, and it is not a bank or system. FRAUD has been committed by our government since the above date. That is a big part of how famous people end up broke - no FDS handouts or bailouts.
Madoff should have been executed and those responsible for investigating allegations and did nothing should be executed along with him. $65 billion theft is enough to almost destroy American's confodence in the market and I know many who will never get in the market again.
They see it as run by crooks on Wall Street.
some of the group were jokers. some crooks. others, unlucky.
the fickle finger of fate.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The Nasdaq Composite (+0.5%) and S&P 500 (+0.2%) posted modest gains on Thursday, but not before enduring a morning dip into the red, which took place in reaction to reports indicating Russia has commenced military exercises on the Ukrainian border.
The news from Europe knocked the key indices from their early highs, while giving a boost to safe-haven assets like gold futures (+0.5% to $1290.80/ozt), Treasuries (10-yr yield -1 bps to 2.69%), and the Japanese yen (102.30 ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'