Great piece by Matthew Rafat explains why Madoff victims don't deserve compensation, or...

Great piece by Matthew Rafat explains why Madoff victims don't deserve compensation, or sympathy: Investors "thought they were buying membership into an exclusive club shielded from the vagaries of the stock market... Well, it was an exclusive group, all right - a group of connected, rich suckers who thought they were getting a sweet deal unavailable to Main Street."

Comments

[Mick Weinstein]

Many of the investors were not rich by most standards.

[Pottermus]

Amen. Greedy people caught in their own trap. If Madoff gets a 150 years what should the people get that misrepresented the housing/loan people who caused average people trying to live the American dream to, in many cases. loose all they had.

Hopefully hell has enough rooms.