Reply #17: I'll tell ya something

[alcibiades_mystery]

I grew up poor. If I ever manage to get my hands on even $500,000, I can assure you that I would not lose it.

I'm sorry, but most of these people are greedy fucking idiots. As is the case in almost any financial fraud, you're dealing with two counter-parties with the same exact vice: greed. That one is a thief and one a credulous sucker doesn't change the fact that they're all greedy, chasing after revenue and damned if they care how it comes about.

I suppose I could make an exception for the second order suckers who only paid into these feeder funds, supposedly not knowing that the money was all going into Madoff. But at some point, you ask for the detailed records if you're not a greedy sucker. Any poor person'll tell you at least THAT. You don't hand over $10 million and then just cash checks without wondering where the fuck it is coming from and how.

Not if you've ever been hungry you don't.