Has anyone noticed that Madoff seems to always be smiling. Why? At
least two reasons, 1.) he pulled off a great scam for a long time and
2.) what can they do to him - take his money (If he really has any),
lock him up for a few years.
CHAD
raghu wrote:
Madoff victims are now seeking government bailouts. WTF?? I can't
think of a group of people less deserving of sympathy. These people
are invariably millionaires and presumably have at least a few hundred
thousands safe from Madoff. In addition, the government sponsored SPIC
already insures upto $500,000 per investor. These people, presumably,
want more. Incredible.
(As I mentioned before, I might be wrong and widows and orphans may
indeed be among Madoff victims, but I have yet to see a single example
of this.)
-----------------------------------snip
One week ago, Ronnie Ambrosino was a millionaire.
Now, Ambrosino is among the long list of investors whose fortunes were
allegedly wiped out by Bernard Madoff. Like them, she's left hoping
for a bailout that might never come.
[...]
"There's no doubt that hearings will be held on this, and some
government aid is a very logical request," said Robert Schachter, an
attorney with New York-based Zwerling, Schachter & Zwerling, which is
representing several Madoff victims. "If we're bailing out Wall Street
and the auto industry, maybe these individuals should be bailed out
too."
[...]
Now living in Surprise, Ariz., she felt helpless watching Madoff enter
the court house Wednesday for a bail hearing. Ambrosino, who invested
in Madoff's firm some three decades ago, knows that others are in the
same position.
"We need to get out there and get names and get unified so that we can
go to the government and make our case," she said. "Everybody has a
horror story, everybody has bills, and everybody is devastated."
-raghu.
--
"My campaign is a disaster, Moe. I hate the public so much. If only
they'd elect me, I'd make them pay." - from the Simpsons.
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