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To: Liz; CutePuppy
In the article that CutePuppy posted, ( #38) Levy is said to have "moved $100 BILLION.."

This doesn't make sense. It's generally agreed that the maximum amount of actual CASH that BM took from investors...not the fictional profits..was just over $20 billion...

Thoughts?

40 posted on 02/19/2011 7:10:10 AM PST by ken5050 (Admin Moderators rule!!!!)
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To: ken5050; CutePuppy

I believe the $100B is accurate.

Refers to TOTALS Levy moved in and out-—not the actual amt “invested” at one time.

Such a large amount being moved might also reinforce the suspicion that Madoff was laundering Russian mob money.


41 posted on 02/19/2011 8:11:07 AM PST by Liz (A taxpayer voting for Obama is like a chicken voting for Col Sanders.)
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