Madoff's $50 billion is a LIE

Discussion in 'Wall St. News' started by marketsurfer, Dec 26, 2008.

  1. I read that article....what am I missing here?

    She was receiving 400000 plus a year from her investment and then suddenly , overnight, she is working as a maid.

    What did she do with the 400000 each year. Some of it was to pay taxes for sure, but the rest?

    I feel for her loss and it was a sympathetic story,but something doesn't add up.
     
    #41     Jan 24, 2009
  2. talknet

    talknet

    I agree. Madoff's fraud is more than $100 billion.
     
    #42     Jan 24, 2009