Pt 2: Bernie Madoff - For more than 20 years, Bernie Madoff made impressive returns on his investors' money ... the kind of returns that we now know really were too good to be true. Eight years ago -- back in 2001 -- Erin Arvedlund was the first journalist from a major publication to start asking questions about how Bernie Madoff was getting such good results.
Today's summer guest host was David Michael Lamb.
It's Monday, August 17th.
The International Olympic Committee's Executive Board has recommended that golf be included as an official event at the 2016 Summer Games.
Currently, The IOC expects this will finally mollify the one percent of the population that thinks the Olympics aren't quite corporate enough.
This is The Current.
Wither Liberals Panel
No one likes to work in the summer. But if you're a politician, you're pretty much expected to be out there on the BBQ circuit ... shaking hands, eating overcooked hamburgers and trying to win new votes. Many Liberals had high hopes for Michael Ignatieff's ability to win friends and influence people.
But according to an opinion survey released last week by the Strategic Council, Michael Ignatieff now trails Prime Minister Stephen Harper by two percentage points ... pretty much exactly the same position that former Liberal Leader Stephane Dion found himself in a little more than a year ago.
Some are reading those results as a sign that Ignatieff -- and the Liberal Party -- have stalled. And rightly or wrongly, a leader who swept to power like this (we aired a clip) ... Is now being compared to a leader that voters just couldn't seem to warm up to.
So the question is: What does this mean for the future of the Liberal Party? For some answeres we were joined by three people. Martha Hall-Findlay is the Liberal MP for the Toronto riding of Willowdale. She also ran for the party's leadership in 2006. She was in Pointe-au-Baril, Ontario this morning. Carolyn Parrish is a former Liberal MP. She was re-elected three times and ended her parliamentary career as an Independent MP. She was in Mississauga. And Barry Mcloughlin is a media consultant who has worked with politicians in all levels of government and several different political parties. He was in Ottawa.
Bernie Madoff - Arvelund
For more than 20 years, Bernie Madoff made impressive returns on his investors' money ... the kind of returns that we now know really were too good to be true. Eight years ago -- back in 2001 -- Erin Arvedlund was the first journalist from a major publication to start asking questions about how Bernie Madoff was getting such good results.
Now, she has written a book about how he pulled off the 65-Billion-dollar Ponzi scheme ... the biggest in American history. The book is called Too Good to Be True: The Rise and Fall of Bernie Madoff. And Erin Arvedlund was in New York City.
Last Word - Music
Artist: Trout Fishing in America
Cd: Big Round World
Cut: Cd 6, Too Good To Be True
Spine: TRT 20