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Bernie Madoff's customers wanted a regulated market. Bernie Madoff's customers got a regulated market. CMO buyers wanted a regulated market. CMO buyers got a
by 300bps 13y ago
Bernie Madoff's customers wanted a regulated market. Bernie Madoff's customers got a regulated market.
CMO buyers wanted a regulated market. CMO buyers got a regulated market.
I could go on for a while. But I'm left wondering - do you really think that your comment is insightful or are you just reveling in schadenfreude?
- camus2 13y agoBernie's in jail.the system works. what's your point?
- 300bps 13y agoOh, silly me! $18 billion missing from investor's wallets but he's in jail so no harm no foul. http://en.wikipedia.org/wiki/Bernard_Madoff#Size_of_loss_to_investors http://en.wikipedia.org/wiki/Bernard_Madoff#Size_of_loss_to_...
- bottled_poe 13y agoA ponzi scheme is what this system of greed demanded. The same will come to pass again.