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To: Pontiac
I remember the MSNBC special, where the rich investor's lawyers were demanding that the "Government make good on their investment."

What?

They claim that the SEC should have "caught this" and therefore they want their millions back - meaning the taxpayers (you and me) should pay them - and these were rich Democrats being interviewed from million dollar living rooms in mansions on Palm Beach.

I am not joking.

31 posted on 05/19/2009 7:11:11 PM PDT by SkyPilot
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To: SkyPilot
They claim that the SEC should have "caught this" and therefore they want their millions back

I guess these former millionaires never heard the phrases; "Let the buyer beware” and “Due diligence “ in their world travels.

I guess Madoff should have put it in his prospectus that the SEC is not an insurer. If he had these idiots would have had better sense than to invest in a fund that had consistently ludicrously high returns.

32 posted on 05/20/2009 3:18:30 AM PDT by Pontiac (Your message here.)
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