Ways & Means

John Rusnak was a currency trader in Baltimore when he was convicted of one of the largest bank frauds in American history. When he was finally discovered, the bank had lost close to $700 million dollars. We look at John Rusnak's case through an historical lens. It turns out fraud has been a key feature of American business from the beginning. Episode features Edward Balleisen. His new book is Fraud: An American History from Barnum to Madoff.