150 Years in Prison

[Poorboy]

Bernie Madoff was Just Sentenced to 150 Years in Prison for His Ponzi Scheme!! GOOD!

 

[greg334]

I heard some of the "victims" and I feel sorry for those who have been rooked with some of their savings but there were so many who were just plain greedy and knew the risks but now are the ones forcing to get part of the hidden treasure.

 

[highway star]

Are you saying there's something wrong with the victims wanting to get some kind of restitution? This wasn't a market loss, it was misappropriation by a despicable thief.

 

[greg334]

Are you saying there's something wrong with the victims wanting to get some kind of restitution? This wasn't a market loss, it was misappropriation by a despicable thief.

I should have specified what they said. It is not restitution over the loss of their initial investment which they deserve but they want all the money that they told was "created" through the "investments" that were made on their behalf. Some produced records of amazing gains and expect that money.

A lot of people who don't qualify for the hardship program or other means to recoup their investments want a piece of the pie irregardless of where they stand in the scheme. Some of the secondary investors are screaming about how unfair it was for the court appointed trustee to make decisions that put their case in front of a judge.

Oh and let's not forget that this would have been all avoided if the SEC followed up on the complaint that was filed with them in 2000.

 

[davekc]

I should have specified what they said. It is not restitution over the loss of their initial investment which they deserve but they want all the money that they told was "created" through the "investments" that were made on their behalf. Some produced records of amazing gains and expect that money.

A lot of people who don't qualify for the hardship program or other means to recoup their investments want a piece of the pie irregardless of where they stand in the scheme. Some of the secondary investors are screaming about how unfair it was for the court appointed trustee to make decisions that put their case in front of a judge.

Oh and let's not forget that this would have been all avoided if the SEC followed up on the complaint that was filed with them in 2000.

Wait! You can't say that. That would mean it happened during the Clinton years. I know it is Bush's fault so he must have done it as governor of TX.

 

[Poorboy]

Wait! You can't say that. That would mean it happened during the Clinton years. I know it is Bush's fault so he must have done it as governor of TX.

Actually The SEC Had Seven (7) Different Complaints Filed But Refused to Investigate Them! Looks Like the Dems are Continueing the "Good Ole Boy" System and it is Still Alive and Well!!