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  • Don't Be Scammed by Madoff Investor Sob Stories [View article]
    Duude,

    That's part of the problem!! People raised Rad Flags to SEC about Madoff's strategy for years!!!! For whatever reason they either chose to not investigate it, for were in some way complicite in not investigating it.


    On Dec 22 01:36 PM Duude wrote:

    >
    > On Dec 21 05:31 PM You are clueless wrote:
    Dec 22 16:42 pm |Rating: 0 0 |Link to Comment
  • Don't Be Scammed by Madoff Investor Sob Stories [View article]
    Couldn't agree more Scotty. Social Security & DB Pensions are/were nothing but one big legal Ponzi scheme, we're seeing how well that's going to work out after the baby boomers are completely done bankrupting my generation.

    I can't wait to see what happens when all these Insurance Cos. selling Annuitites with...Guaranteed 7% Step-Ups and Guaranteed 2x your money in 10 years, start going under. Oh well, by the time that happens we'll be just about done paying for this bailout and what's one more for the tab! Can't wait for them to start dragging out the old ladies for that sympathy party...they'll of course use a tight cropped image so we can't see the Mercedes CLK and $80K RV in the drive way.


    On Dec 22 10:20 AM Beam me up Scotty wrote:

    > Unfortunately, our federal government is a ponzi scheme but no one
    > has got around to letting our administrators know it. Trying to get
    > one ponzi scheme to regulate another is wishful thinking. Let's just
    > hope none of our involved governmental administrators or their close
    > friends lost money or, for sure, the SIPC paybacks will indeed be
    > increased and there's not much we can do about it.
    Dec 22 16:15 pm |Rating: 0 0 |Link to Comment
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