elleng
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Tue Dec-16-08 04:30 AM
Response to Reply #33 |
| 42. LOTS of such properties on the market already! |
| -Two Considerations for anybody Laughing over the Madoff Scandal |
Mike 03 |
Dec-15-08 05:03 PM |
#0 |
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He is a sociopath. And his clients probably fall into two primary categories. |
geckosfeet |
Dec-15-08 05:07 PM |
#1 |
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wrong. but continue your delusional and uniformed beliefs. |
cali |
Dec-15-08 05:16 PM |
#11 |
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pathetic |
leftofthedial |
Dec-15-08 06:11 PM |
#30 |
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Oh wait - I was wrong. He is the salt of the earth and so are his clients. eom |
geckosfeet |
Dec-16-08 01:33 AM |
#37 |
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I think that was a pretty accurate description. |
girl gone mad |
Dec-16-08 03:29 AM |
#38 |
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And the SEC did/said WHAT? |
elleng |
Dec-16-08 04:28 AM |
#41 |
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Many college endowments never actually end up being USED |
SoCalDem |
Dec-15-08 05:07 PM |
#2 |
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I think some of the laughers fail to realize how connected everything is, |
pnwmom |
Dec-15-08 05:08 PM |
#3 |
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Charitable organizations had no right to use a hedge fund with their money |
DJ13 |
Dec-15-08 05:08 PM |
#4 |
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They do all the time |
gravity |
Dec-15-08 05:18 PM |
#13 |
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Sorry, but there IS a significant difference between a bond fund & hedge fund |
DJ13 |
Dec-15-08 05:20 PM |
#17 |
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Many are suitable for institutions |
gravity |
Dec-15-08 05:25 PM |
#23 |
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Correct, and if I had money to donate and a charity messed with a hedge fund, I would be pissed. |
sarcasmo |
Dec-15-08 05:20 PM |
#18 |
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Since he has been around so long, and WAS respected...perhaps he had |
BrklynLiberal |
Dec-15-08 05:09 PM |
#5 |
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The slippery slope. Sometimes the desire to please others |
JDPriestly |
Dec-15-08 05:23 PM |
#19 |
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Can you imagne what would be happeningif the repukes had succeeded in privatizing SS?? |
BrklynLiberal |
Dec-15-08 05:48 PM |
#29 |
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I Can Imagine It |
ProfessorGAC |
Dec-16-08 05:31 AM |
#45 |
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yea colleges have charged 10x the rate of inflation, i cry for them |
natrat |
Dec-15-08 05:10 PM |
#6 |
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Irony |
ayak9 |
Dec-15-08 05:19 PM |
#14 |
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Well said, Mike. There's much more to this than a come-uppance for rich folks. Link to client list: |
KrazyKat |
Dec-15-08 05:12 PM |
#7 |
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Where has the money actually GONE? n/t |
IanDB1 |
Dec-15-08 05:13 PM |
#8 |
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the principle amounts from investors were used to pay "dividends" to investors... |
QuestionAll |
Dec-15-08 05:20 PM |
#16 |
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That's what I was afraid of. In other words, it's been "dissipated." n/t |
IanDB1 |
Dec-15-08 05:25 PM |
#22 |
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yup..it's going to be a good time to pick up some bargain-basement palm beach estates... |
QuestionAll |
Dec-15-08 11:23 PM |
#33 |
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LOTS of such properties on the market already! |
elleng |
Dec-16-08 04:30 AM |
#42 |
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Is that the definition of a "Ponzi Scheme"? eom |
FloridaJudy |
Dec-16-08 03:37 AM |
#39 |
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yep, pretty much... |
QuestionAll |
Dec-16-08 05:57 AM |
#46 |
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If there had been a return of just 1% per year... |
Boojatta |
Dec-15-08 05:25 PM |
#24 |
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To high life |
tama |
Dec-15-08 05:40 PM |
#25 |
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I heard only 20 billion of it has been accounted for. |
Joe Fields |
Dec-15-08 11:42 PM |
#35 |
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I'm not defending Madoff, he was a piece of you know what |
Mike 03 |
Dec-15-08 05:14 PM |
#9 |
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Wake up, Mikey n/t |
tama |
Dec-15-08 05:41 PM |
#26 |
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To put it another way: There's nothing to be happy about. |
Mike 03 |
Dec-15-08 05:15 PM |
#10 |
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Now we know who expected to make a killing every month, |
Waiting For Everyman |
Dec-15-08 05:18 PM |
#12 |
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All I'm trying to say is that It's Not Funny. This might have deserved to happen, it was karma, |
Mike 03 |
Dec-15-08 05:19 PM |
#15 |
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It is Funny |
tama |
Dec-15-08 05:43 PM |
#27 |
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"...money managers for retiree pension funds..." |
charlie |
Dec-15-08 05:24 PM |
#20 |
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Whether concerned for his victims or not, he became just too big to fail. |
damntexdem |
Dec-15-08 05:24 PM |
#21 |
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Please |
tama |
Dec-15-08 05:46 PM |
#28 |
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These people willingly put their money into the "black box" |
high density |
Dec-15-08 06:26 PM |
#31 |
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well..i still get a chuckle out of every new revelation that comes out... |
QuestionAll |
Dec-15-08 06:27 PM |
#32 |
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They deserved it because they, too, were stupid. |
tomreedtoon |
Dec-15-08 11:35 PM |
#34 |
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No worries.... they will be bailed out with taxpapers money and have... this sucks |
Ichingcarpenter |
Dec-15-08 11:44 PM |
#36 |
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Not laughing |
Jake3463 |
Dec-16-08 04:00 AM |
#40 |
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The 'non-government' |
elleng |
Dec-16-08 04:39 AM |
#43 |
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Who's laughing? Me, I'm pissed. |
TheGoldenRule |
Dec-16-08 05:24 AM |
#44 |