Dollar Ponzi Scheme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

southwest airlines in the hot seat after that travel meltdown over the holidays. >> let me be clear. we messed up. >> norah: campaign of deceit, our in-depth look at disgraced congressman george santos. new questions tonight about his possible involvement in an alleged ponzi scheme. female "top gun," the all-women flight crew kicking off this year's super bowl. and burt bacharach dies at 94. ♪ raindrops keep falling on my head ♪ >> norah: remembering the legendary composer. ♪ ♪ >> announcer: this is the "cbs evening news" with norah o'donnell, reporting from the nation's capi...

Collapsed. >> desperate investors and their lawyers scrambled to madoff's east side offices friday looking for their money. they were turned away in the lobby. >> there has never been a ponzi scheme on the scale of madoff ever. we're talking thousands of people who thought that they had millions of dollars socked away for retirement, suddenly found out it was gone. >> rose and jack lass say they invested every penny of their savings with madoff. >> we started to sell our furniture, some of our things that we value, so that we should have some money immediately. >> then there's 91-year-old ian ...

Feeling their pain. >> this is the biggest point drop that has ever been seen. >> we are in the midst of a serious financial crisis and the federal government is responding with decisive action. >> these guys have been gambling with the house money for years and it's our job to bail them out? >> the largest swindle in wall street history, and alleged 50 if you million dollar ponzi scheme by bernard madoff. >> you belong in jail, you criminal! >> the pardon is over.

The financial crisis that threatened the global economy.

Kill. >> how do you plead to count two? >> guilty. >> he took our entire life savings. >> count three? >> guilty. >> dad, how could you do this? >> count four. counterfive? >> guilty. >> have you no shame? >> guilty. guilty. >> and joining me now is one of my favorite director oscar filmmaker barry levinson who directed many things, including "wizard of oz" and "diner." here's a look at bernie madoff and his ponzi scheme. >> i'm talking about getting you $100 million. >> that's not going to do it. >> so what's it going to take? >> i have to do what's ethical. i can't let you jump the line. i'm...