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Roundtable Addresses Financial Fraud in America

 Roundtable Addresses Financial Fraud in America

01/13/2011 

The fallout and implications of Bernard Madoff’s infamous, enormous and long-term swindle of American and foreign investors both large and small will be discussed during a Community Roundtable on Thursday, Feb. 3, at SUNY Cortland.

Craig Little, a SUNY Distinguished Service Professor and a professor of sociology/anthropology at SUNY Cortland, will discuss “White-Collar Crime in America: Bernie Madoff and More” from 8-9 a.m. in SUNY Cortland’s Park Center Hall of Fame Room. Refreshments will be served at 7:45 a.m. A question-and-answer period will follow.

Sponsored by the President’s Office and the College’s Center for Educational Exchange (CEE), the Community Roundtable is free and open to the public.

Discussing the upcoming lecture, Little noted that Bernard Madoff’s multi-billion dollar Ponzi scheme defrauded investors around the globe.

“The victims ranged from relatively naïve personal friends to highly sophisticated institutional investors whose losses tallied hundreds of millions,” Little observed. “What, exactly, did Bernie Madoff do? How did he do it and why? The answers tell us much about the nature of white-collar crime in the 21st century and its relationship to America’s contemporary economy and society.”

The Community Roundtable series provides programs on diverse intellectual, regional and cultural topics of interest to College faculty and staff and community members. Each roundtable is held on the first Thursday of the month. Parking in the Park Center lot is open to the public during the roundtables.

For more information, contact the CEE at (607) 753-4214 or visit www2.cortland.edu/centers/cee/community-roundtables/.