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  • Madoff's Investors Don't Deserve Compensation or Sympathy [View article]
    Every Madoff investor who lost money is deserving of sympathy, but being compensated under the law by having some right to pro rata forced rebates from those who had earlier withdrawn their investments is not justice -- it seems to me to be a socialistic response to i an investment loss due to poor timing. And we have all done that, haven't we. Of course, if it can be proven that any of those those who made earlier withdrawals knew Madoff was running a Ponzi game, in effect having inside information about fraud, deserve, at a minimum, to have their withdrawals put in the pot for those who did not cash in early.
    Jul 02 12:36 pm |Rating: +4 0 |Link to Comment
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