Madoff admitted he had been defrauding thousands of clients since the early 1990s - operating a classic Ponzi scheme - using the money that new customers invested to pay those who wanted to withdraw funds.
VOA: standard.2009.03.12
"The scheme to radically change the sources and the cost of American energy, through a system known as 'cap and trade' may be well intentioned, but it will cost us dearly in jobs and income, and it stands no chance of achieving its objective of a cooler earth,".
VOA: standard.2009.05.30
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