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Reply #5: Bad, but not the worst part. [View All]

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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 10:52 AM
Response to Original message
5. Bad, but not the worst part.
The worst part would be losing all of their initial investment.
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  -The worst part for the Madoff victims? They had to pay income TAXES on fake earnings pnwmom  Mar-16-09 09:26 AM   #0 
  - many will be trying to get refunds  marketcrazy1   Mar-16-09 09:30 AM   #1 
  - And the refunds can only go back 3 years -- but this scheme has been going  pnwmom   Mar-16-09 09:35 AM   #2 
  - What is a "claw back"? nt  Critters2   Mar-16-09 09:48 AM   #3 
     - a "claw back" is  marketcrazy1   Mar-16-09 10:01 AM   #4 
        - Wow. That sucks completely. Too bad there's not some way  Critters2   Mar-16-09 04:06 PM   #7 
  - Bad, but not the worst part.  MilesColtrane   Mar-16-09 10:52 AM   #5 
     - When you invest, there's always that possibility. But usually you're not paying  pnwmom   Mar-16-09 10:58 AM   #6 

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