Thanks to David and UK Bond Network for letting us pinch this educational article from their own blog. It was originally entitled “Pooled accounts and Ponzi schemes – the risk of client money”. On the 20th December 2008, the sons of Bernard Lawrence Madoff contacted US…

Thanks to David and UK Bond Network for letting us pinch this educational article from their own blog. Legal covenants are of vital importance to investors when investing in debt of any kind – be it personal loans, business loans (including minibonds), corporate bonds (as issued…