> Lets take down that bad guy who made all his investors money. Correct me if I'm wrong, but didn't he take money from one set of investors to pay another set

> Lets take down that bad guy who made all his investors money. Correct me if I'm wrong, but didn't he take money from one set of investors to pay another set of investors. I haven't been following the story too closely. If I invest in the stock market and make 10%, it's not ok for you to take 5% of my money to pay back your other investors even if everyone makes money. > What a scam....suppose he is a lot easier to hang then someone from GS or JPM. Is Jefferies good enough for you? https://en.wikipedia.org/wiki/Jesse_Litvak https://en.wikipedia.org/wiki/Jesse_Litvak What about UBS or Citi? https://en.wikipedia.org/wiki/Tom_Hayes_(trader) https://en.wikipedia.org/wiki/Tom_Hayes_(trader)