Prosecutors: Madoff was ready to send out $173M

Discussion in 'Wall St. News' started by S2007S, Jan 8, 2009.

  1. YOU'RE the one who made the comment Maximum Loser.

    You can't get anything right can you?

     
    #31     Jan 8, 2009
  2. I'm sorry but the evidence is within this same thread that it's you who cun't get anything right.
    I NEVER said Trader666 as you have manipulated my quote but my exact wordings were:

    "Trader(triple shit head), your antisemitism continues as your miserable usual... "!

    p.s.
    please refer to my original post.
     
    #32     Jan 8, 2009
  3. Are you on drugs?
     
    #33     Jan 8, 2009
  4. ML Quant is probably an Ayrab...
    Kalla Makalla
     
    #34     Jan 8, 2009
  5. And the award goes to....Maximum Loser_Quant!

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2252342>
     
    #35     Jan 8, 2009
  6. wait...isn't that a hip hop rapper??:confused:
     
    #36     Jan 8, 2009
  7. tradersboredom

    tradersboredom Guest

    the gov't gives the $500 million/year SEC to do the job or overseeing the brokers/market maker and market for malpractice.

    and all the SEC got was a frontrunning and inside trading by small time retail traders charge and insider trading of martha stewart

    blame investors? investors thought these brokers were REGULATED and AUDITED!

    accounts should be LOCKED in the bank daily after transactions. end of day.

    no red flags by SEC computers when one of the biggeset brokers don't have any cash or shares but on paper it has 50 billion in cash and stock.



     
    #37     Jan 8, 2009
  8. Hey red neck Trader(triple shit head), you're really stupid...ya know? That's a British FU*K OFF sign the guy in the pic is giving you...:D :D :D heheheheh
     
    #38     Jan 9, 2009
  9. ....Jonathan Levitt, a New Jersey attorney who represents several former Madoff clients, said more than half of the victims who called his office looking for help have turned out to be people whose long-term profits exceeded their principal investment......
     
    #39     Jan 9, 2009
  10. In a general approach to the issue, you're quite right but in this particular case, some of the clients were banks! I mean with yearly budgets larger than the SEC 500M, shouldn't have they done their due diligence on their own? Do they have a right to come forward crying foul now and worst at the tax payer expense?
    It's not like the guy owned a privat B747 now, so where did the money goto? My earlier post above explains it, back to the same investors(well more than half of them).
    So everybody knew what was going on and they just hoped for the guy to hit huge winners to cover the losses but meanwhile it was all in the family and for a good cause, so no harm done!

    It is very naive and simplistic to even imagine that SEC or others were not in one way or the other aware of what was going on all these years! So, why did they keep quiet about it until now?!
     
    #40     Jan 9, 2009