http://finance.yahoo.com/news/Berni...9.html?x=0&sec=topStories&pos=8&asset=&ccode= The strangest part about this is when he says " I carried them for twenty years, and now I'm doing 150 years" As if he actually made money for them or something. The victims carried HIM! He didnt make anything.
Bernard Madoff, the author of the biggest Ponzi scheme in history, told inmates at the Butner prison where he is serving his 150 years jail sentence that his victims deserved what happened to them, because they were rich and greedy, according to an article in New York Magazine. Hey, it's a free market!
The last I read only about 1/2 of his "investors" lost money in the end. Much better results than legit operations.
No he didn't, you idiot. He redistributed money. Everyone makes money at the top of the pyramid scheme, it is the latecomers who are left holding the bag....
duhhhhhh where else do profits come from bozo the clown? You should keep your trap shut since you have no idea about anything.