What does BLMIS mean in COMPANIES & FIRMS
BLMIS stands for Bernard L. Madoff Investment Securities LLC. BLMIS was an American investment firm established in 1960 by Bernard Madoff, and it was located in New York City. By 2008, the company had become one of the world's major market makers with up to $200 billion in assets under its management.
BLMIS meaning in Companies & Firms in Business
BLMIS mostly used in an acronym Companies & Firms in Category Business that means Bernard L. Madoff Investment Securities LLC
Shorthand: BLMIS,
Full Form: Bernard L. Madoff Investment Securities LLC
For more information of "Bernard L. Madoff Investment Securities LLC", see the section below.
Essential Questions and Answers on Bernard L. Madoff Investment Securities LLC in "BUSINESS»FIRMS"
What is BLMIS?
BLMIS stands for Bernard L. Madoff Investment Securities LLC. It was a large international investment firm founded by Bernard Madoff and located in New York City.
When was BLMIS established?
BLMIS was established in 1960 by Bernard Madoff.
How many assets were managed by BLMIS?
By 2008, there were up to 0 billion in assets managed by BLMIS.
Where was BLMIS located?
BLMIS was located in New York City.
Who founded BLMIS?
Bernard Madoff founded BLMIS in 1960.
Final Words:
Though it had a long history of success and growth, unfortunately, the firm was brought down due to fraudulent activities that were carried out by its founder, Bernard Madoff himself who pleaded guilty of 11 federal felonies and sentenced to 150 years imprisonment in 2009.