cabanker

David Weidner wishes Madoff victims would stop whining. So does Joe Nocera: "They were robbed, pure and simple, and the government is not in the business of reimbursing for robberies. Not even when the cops stumble across the robbers and then mistakenly let them go."

Agreed, these people need to buck up. It's not the Government's responsibility to make up for their losses. There was writing on the wall for years and the investors chose to ignore it out of either greed or stupidity. Did they ever hear of diversification? Don't put all your eggs in 1 basket?
I (and many others) took a bath in financial stocks last year as some of the Banks I owned went under. No one is bailing me out. Suck it up an move on.
Oh and btw, how much of their losses were paper vs. actual $ invested?