[Maine Mariner]

They may have been wiped out of most of their financial assets. But don’t most of them still own a mansion or two,
a yacht, a condo somewhere warm, another condo in Aspen?
They could sell off some of those assets and perhaps still
live rather comfortably-and of course they must have pensions and of course there is social security.

[GOPJ]

But don’t most of them still own a mansion or two, a yacht, a condo somewhere warm, another condo in Aspen?

It would still be nice if all of us could chip in and buy a bucket of caviar... We'll get the Iranian stuff - that'll cheer them up.

[org.whodat]

He said that he knew some that had given madoff all their money and had borrowed against their homes and other investment properties to give him more.

LOL

[Gatún(CraigIsaMangoTreeLawyer)]

“They may have been wiped out of most of their financial assets. But don’t most of them still own a mansion or two,”

I was listening Trump being interviewed a couple of hours ago. He said some of these people he knows “in passing” (my words) not only dumped their entire cash with Made-off, but they went as far as borrowing on their mansions too. Today, they are worth zero. Nada.

Trump said he had met Made-off on several occasions. Each time, Made-off asked him to invest with him; but Trump wasn’t impressed. He admitted he didn’t know why, but he just couldn’t get fired up over Made-off. I suppose we call that “gut feeling,” although he did not say those words.

He called those who lost all their cash and mansions “greedy,” which is true.