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Vatican Fires Senior Official As London Property Investments Bleed Millions Of Euros In Losses (www.zerohedge.com)

> When market conditions worsen, it's always interesting to see who gets caught with their pants down. During the financial crisis, Bernie Madoff's JPM-abetted Ponzi scheme made headlines as the largest financial fraud in history, with prosecutors estimating the size of the fraud at $64.8 billion (of course, as whistleblower Harry Markopolos claimed, more than half of that money never really existed, but rather included fictional profits reported by Madoff.

>> When market conditions worsen, it's always interesting to see who gets caught with their pants down. During the financial crisis, Bernie Madoff's JPM-abetted Ponzi scheme made headlines as the largest financial fraud in history, with prosecutors estimating the size of the fraud at $64.8 billion (of course, as whistleblower Harry Markopolos claimed, more than half of that money never really existed, but rather included fictional profits reported by Madoff.

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