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Latest comments | Highest ratedReactions to My Madoff Rant: No Apologies [View article]
How many investors truly understand the complex nature of all their investments with various funds/companies? Not many, I presume. That's why people hire financial experts.
They did not think the Madoff returns were so out of line. Many other funds generated far better returns. Yes, not as consistently, but those who invested did so because it was touted as a conservative fund.
Madoff was not some pipsqueak; he wasn't a fly-by-night operation. SEC investigated several times...you know the facts. Many of these investors were normal people, whose parents and grandparents had invested with Madoff for decades (not getting suspiciously high returns). Get over it—your predisposition to believe the worst is showing.
MS Drug Fampridine Sends Acorda Stock Way Up [View article]