Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: CutePuppy
The scope of this scam is incredible. Investors were not limited to country club friends, but CEOs of well large companies, hedge fund managers as well as domestic and foreign banks.

Successful people, people who knew how to read financial statements, people who knew better were taken in by the hundreds. Madoff is one helluva salesman.

23 posted on 12/14/2008 2:55:21 PM PST by Jacquerie (More Central Planning is not the solution to the failure of Central Planning.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jacquerie

Many investors join Hedge funds because they know it operates out of the regulations. They can do what they please but many forget it cuts both ways.


49 posted on 12/14/2008 3:53:03 PM PST by Orange1998
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson