On this day

April 29, 1938

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Headlines from April 29, 1938

Notable Births

1938Steven Bach, American writer, businessman and educator (died 2009)[†]

Steven Bach was an American writer and lecturer on film and a former senior vice-president and head of worldwide productions for United Artists studios.

Bernie Madoff

1938Bernie Madoff, American businessman, financier and convicted felon (died 2021)[†]

Bernard Lawrence Madoff was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme was centered in the asset management business.