« Shirley Woman Says Stop Dumping on Me | Main | Homework Assignment »

March 13, 2009

Comments

joe

as john has stated, i don't feel bad for the people who got bilked, these people invested in a deal that was "to good to be true" and now they must pay for it. Most of us don't have millions of dollars to invest and are merely living paycheck to paycheck. Many of these duped people will be reimbursed partly by govt. money(which in turn is all our money). So not only do the middle class have to bailout big companies to support their big bonuses they give out, we have to bailout people who bought a home that there was no way they could afford, now we have to bailout these idiots who got scammed on a bad investment. As for Madoff, to give him 150 years in jail is a joke, he won't live another 10 years now that he has to live not high on the hog(on others money). The govt ought to go after every last dime his whole family and friends got from this scam and he should see these people living in poverty because all their assets were taken from them. when he sees his own family suffering maybe then he will see the pain he caused others.

Stuart

I know guys on Wall Street who really admire him and think he is a genius for having perpetrated this fraud for so long. If you think his scam was the only one that has gone on, then you are more nieve than the SEC.

SUSAN L.RUDNICK

I SECOND THE MOTION POSTED BY JOHN!PERFECTLY SAID AND TO THE POINT ! RIGHT ON THE MONEY !( NO PUN INTENDED-!)SUSAN L.RUDNICK

John

I suspect that Madoff isn't the interesting part of this story. I can't open a bank account without a million and three forms of identification and a credit check, and Bernie managed to make tens of millions of dollars "vanish"? And why aren't the really high-profile victims (the Spielbergs, say) throwing their influence behind an investigation?

Something is far, far shadier than a little old man in a baseball cap stealing savings. Find the money, and you've got a much bigger story than Bernie pleading guilty or whatever happens with Cosmo.

And I hate to be the one to say it, but I don't have a heck of a lot of sympathy for his victims. They had millions--sometimes millions that were key savings--and they gambled it away on an investment that was Too Good To Be True. And to make things worse, now they're all screaming about revenge rather than following the money or even asking the SEC and FBI why nobody checked this out.

Madoff and Cosmo deserve to have their assets seized and to be sent to prison, nothing more. The people who invested with them, if they're not going to look after their money (and obviously didn't investigate the "investment"), deserve to have lost it, no matter who they are or what the money was for.

The comments to this entry are closed.