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saden1 · 12-17-2008, 08:14 AM

I don't feel sorry for any of these guys. How f'ing stupid can you be to think someone can deliver consistent positive rate of return, even in a downturn market. With the kind of money they have shouldn't they have personal accountants and investors to watch their investments?

The real problem is how the SEC allowed for an environment where people like Madoff can get away with setting up a Ponzi Scheme and fleece 50 billion from people.

12-17-2008, 08:14 AM	#5
saden1 MVP Join Date: Feb 2004 Location: Seattle Age: 46 Posts: 10,069	Re: "Madoff" I don't feel sorry for any of these guys. How f'ing stupid can you be to think someone can deliver consistent positive rate of return, even in a downturn market. With the kind of money they have shouldn't they have personal accountants and investors to watch their investments? The real problem is how the SEC allowed for an environment where people like Madoff can get away with setting up a Ponzi Scheme and fleece 50 billion from people. __________________ "The Redskins have always suffered from chronic organizational deformities under Snyder." -Jenkins