Managing editor FORTUNE
Now that the Madoff fraud has been exposed there are still a slew of fundamental questions outstanding.
How did one man, Bernard Madoff, run such a massive, self-described Ponzi scheme? Is it really true no one else was involved? How much money has really been lost? Is it $50 billion? And even if it is only several billion, how does someone burn through that much cash? Where did it go?
And then there's the heart-breaking question one of my elderly neighbors - a Madoff investor - asked me: "Will I ever see any of my money again?"
I have no idea, I told her sadly, maybe you'll get some, but you should assume that it's all gone.
Of course there are thousands of stories like my neighbor's. It's outrageous that someone like Bernard Madoff - a former NASDAQ chairman - could operate such a vast conspiracy right under the noses of the regulators.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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