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LuckyLib

(7,048 posts)

15. And among Madoff's victims were folks who told others they were getting 18% return,

Reply to cosmicone (Reply #12)

Wed Sep 3, 2014, 04:38 PM

Sep 2014

only to be told "that can't be right. Something is fishy here." And they held on, loving that $$$$ rolling in. Nobody, but nobody, was getting any 18% in real world markets. Madoff's "respectability" fooled many an individual and organization. But somehow, I think folks had an inkling. It all collapsed before they could get out.

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Andrew H. Madoff, son of convicted financier, dies at 48 [View all] mahatmakanejeeves Sep 2014 OP

I wonder if he grabbed someone's gun and shot himself while being handcuffed behind his back. valerief Sep 2014 #1

hopefully he felt at peace in knowing he did the right thing in turning his dad in JI7 Sep 2014 #2

Good lord PatSeg Sep 2014 #3

or for the courage to try righting a profound wrong n/t Psephos Sep 2014 #6

Yes PatSeg Sep 2014 #7

In my mind, that entire bunch knew what crookedness was going on. closeupready Sep 2014 #4

"... they alerted the SEC, which did nothing." mahatmakanejeeves Sep 2014 #5

Yes, and notably, de la Villehuchet did commit suicide after closeupready Sep 2014 #8

I read about five books on the Madoff scandal NJCher Sep 2014 #9

+1 eom LittleGirl Sep 2014 #14

as soon as they learned of it, they turned their father in magical thyme Sep 2014 #10

Even though Madoff should get 95% of the blame cosmicone Sep 2014 #12

And among Madoff's victims were folks who told others they were getting 18% return, LuckyLib Sep 2014 #15

The story of his Ponzi scheme is a long one, and hinges upon closeupready Sep 2014 #16

I agree cosmicone Sep 2014 #17

there are many people who are easily fooled and fall for scams JI7 Sep 2014 #20

It's like Greek tragedy, the House of Atreus frazzled Sep 2014 #11

i'm sorry to hear that samsingh Sep 2014 #13

Dickensian (nt) Nye Bevan Sep 2014 #18

Bernie has lost his sons. MADem Sep 2014 #19