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Investors have to be wealthy enough to lose everything they invest, to even be ALLOWED into these funds. That is the whole point of them.
And these are the same people who call subprime borrowers "stupid, greedy homeowners". Hypocrisy on a stick!
They were with Madoff for the guaranteed 15-20%, and they got it for a long, long time. They got exactly what they bargained for - big returns for big risk.
Fuck them! Every one of them. I don't care WHO they are, or what they were told. THEY were the "highly educated", who could afford all the legal or financial advice they could want on top of THAT.
Hell no, not until every low to mid-level debtor is bailed out and gets reduced terms FIRST. And higher wages.
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