Madoff - "F*** My Victims"

[thongd4me 69]

Madoff - "F*** My Victims"

[IndigoSkies 168]

Some question. The article says [it quotes Robert Rosso, who serves life in prison, who wrote on a Web site he founded that Madoff is "a hero. He's arguably the greatest con of all time."] #######? Do people serving life in prison get to have internet to create websites?

It's to that many of Madoff's victims were rich, fitly rich. They didn't mind the scheme as long as their money was growing at whatever the cost. And when it stopped growing, they started playing all victim and innocent. I somehow fail to believe dozens and dozens of millionaires who were involved with Madoff didn't know what was going on. Even I, a nobody, with only $4000 to my name know the ACAI berry sale business is a multi-level-marketing scheme. if I had a million dollars, theoretically I'd be a lot smarter than I am now.

Greed is what did them in and greed is what did Madoff in. I feel sad for him in a way. Look at how much money he has amassed and look at his life now. This brings me to the question why does anyone make more money after making say $50 million? What can you do with $100 million that you cannot do with $50 million? Personally if I ever end up making even $10 millions, I'd not make any more money. Or atleast making money wouldn't be my priority anymore. I'd be enjoying life, traveilling, and helping people in poor countries as much as I could. That would bring more joy to me than would having a 100-feet yacht compared to 110-feeter.

[thongd4me 69]

...It's to that many of Madoff's victims were rich, fitly rich. They didn't mind the scheme as long as their money was growing at whatever the cost. And when it stopped growing, they started playing all victim and innocent. I somehow fail to believe dozens and dozens of millionaires who were involved with Madoff didn't know what was going on. Even I, a nobody, with only $4000 to my name know the ACAI berry sale business is a multi-level-marketing scheme. if I had a million dollars, theoretically I'd be a lot smarter than I am now.

Greed is what did them in and greed is what did Madoff in...

A-Greed!

The guy that finally blew the whistle on him had been trying to get the regulators' attention for months

if not years. I think Madoff thought he could literally get away with financial murder because so many

of his greedy clients weren't holding him to the normal standards of "due diligence" - meaning that they

didn't ask to see his books or records of transactions to prove that what he said he could deliver was

in fact real. That's the practice that pension funds and other big institutional "players" should be doing,

especially if they are playing with "our" (the little guy's) money. Because of his former connections with

the stock exchanges he was given a free pass and due diligence was overlooked on that basis. It took

a number cruncher to expose him because if it looks too good to be true, it's probably a "Madoff."

- thanks to him, the language now has a new word.