They are greedy sacks of crap. They suspected/KNEW he was doing something wrong/illegal and they "invested" with him anyway.
They deverve NO sympathy whatsoever!
Again, the talking heads always talk about diversification...but greed was in charge of some people’s steering committee....
**Velvel said he wants to know where government regulators, as well as accountants and others at Madoff’s company, were when the money was being lost.”**
HELLO, where the hell were YOU? Why should someone else be held responsible for what happens to YOUR money???
More “victims” whining about how normal, ordinary, everyday folks who have nothing to do with them or their lives didn’t predict or prevent the disaster that was coming.
Sorry if I can’t muster any sympathy for these “victims.”
Speaking of Greedy Sacks of Crap....Sen. Frank Lautenberg, D- NJ is one of his “victims”....LOL! Poor Frank!
Where is your evidence that they knew he was doing something wrong? If you don’t have it..SHUT THE HELL UP.
“NOT Victims!
They are greedy sacks of crap. They suspected/KNEW he was doing something wrong/illegal and they “invested” with him anyway.
They deverve NO sympathy whatsoever!”
Excuse me, but many of these are banks and large legitimate investment firms who were entrusted with the savings and monies of totally innocent people who had never heard the name Madoff until they were wiped out.
Exactly!
If it sounds too good to be true, odds are that it is. With any investment, there’s always risk. When you give your money to a crook, the risk rises considerably.
I know a guy who was in Bernie’s fund via another fund that invested with Bernie. This guy had a $500,000 401k that’s probably torched. If something sounds too good to be true, it probably is.......unfortunately this guy was smart enough to make the money in the first place but not smart enough to understand where his “investment” was actually residing.
The bottom line is most people trust in their financial advisors and folks like Madoff to take care of their money and portfolio. His reputation and background was strong but he ended up being a thief.
How that gets transferred to "greed" and "everything they deserve" especially without facts is a STRONG indication of class envy.
For the life of me, I will not understand why someone gets jealous of another's money. You should APPLAUD it success and the wealth that results from it. Go make your own.
Bernie’s “investors” knew his “edge’ was frontrunning which is illegal. The fools were unaware that Bernie’s real secret was the “investors’ invested in a Ponzi scheme.
These are not greedy sacks of crap, and most of them did not know that madof was doing things illegally. I think you actually have no idea what he was doing. Madof was taking the money from his investors, then sending them falsified reports of what he was doing with their investments. If they actually KNEW what he was doing, they would have pulled their money out immediately. So, these people ARE victims, and they DO deserve sympathy. The next time you want to provide commentary on a developing storyu, make sure you actually know what you are talking about before you post, otherwise (like right now) you look like an idiot.