Is everyone wrong about market response to Madoff?

Discussion in 'Wall St. News' started by scriabinop23, Dec 13, 2008.

  1. It was one of your own Kosher Kikes that created the largest single financial scam OF ALL TIME....

    I'll give you some security.... Half priced pork chops... All you can eat.
     
    #51     Dec 14, 2008
  2. oriol88

    oriol88

    #52     Dec 14, 2008
  3. richrf

    richrf

    It is seriously difficult to have any kind of inflation, if no one is buying. At this point, we'll be lucky to get inflation - much less hyperinflation.
     
    #53     Dec 14, 2008

  4. 1) It is a problem, unless you are a selfish bastard.

    2) Who said trading stocks was worth shit?
     
    #54     Dec 14, 2008
  5. People with a clue (not to be confused with people that have money) are already positioned out of harms way, certainly not in any hedge fund.

    So the only folks left to sell are the clueless.
     
    #55     Dec 14, 2008
  6. You mean they bought physical gold?
     
    #56     Dec 14, 2008
  7. Amazing roundtable with Madoff.

    Not sure exactly when this was done but it wasn't that long ago.


    I defy anyone to detect that this guy was a crook.

    That's why you have to assume it, because crooks are smarter than you. Yes. You

    http://uk.youtube.com/watch?v=Gclja-C2sOU
     
    #57     Dec 14, 2008
  8. "Some of our guests are extremely specialised in certain aspects of the market."

    lol:D

    You can say that again.
     
    #58     Dec 14, 2008
  9. Cutten

    Cutten

    How will you get better enforcement when being a regulator pays diddly squat and forces you to work in a bureaucracy? Unless they pay regulators millions per year, or pay hedge fund managers bounties to turn-in fraudsters (like that guy who tried to turn in Madoff but was ignored), nothing much will change.

    Penalties against white collar crime are already as harsh as is reasonable in the US. Ken Lay died in jail, Ebbers will, and so will Madoff. These guys are punished as much rapists and people guilty of manslaughter.

    People are dumb as rocks and most will never understand that high returns mean high risk, and no volatility + high returns means likely fraud or blowup.
     
    #59     Dec 15, 2008