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To: Liz
Oh, please---that's a key element of the fraud---not being a registered financial entity. Remember Madoff also ran a so-called legit investment business above the 17th floor where the Ponzi was operating. Even some of Madoff's billion dollar feeder funds were not registered.

I feel silly for not know that. I guess the loss of billions to the glitterati is not all that important to me.

6 posted on 03/20/2011 7:07:28 AM PDT by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: raybbr

No problem-———all is forgiven.


8 posted on 03/20/2011 7:38:22 AM PDT by Liz (A taxpayer voting for Obama is like a chicken voting for Col Sanders.)
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