Not sure why but the way that woman talks annoys me. She takes forever before she answers, why so many pauses ? Anyways, people should take their responsabilities, again it is all about greed. Imagine you invest in a found and when you ask them how their make their money so that you understand...at least generally they tell you..." We can't really explain it, but don't worry, we pay 12% annually." Next thing you do is to write a 2 Millions dollar check like that woman did.
market surging. no one cares. that's her problem for being so stupid. maybe she will jump off a bridge and eliminate herself form the gene pool.
Were your parents and brother diagnosed with a debilitating neurological disease that made them have to retire young? If not, then apples and oranges. Madoff and this woman's broker deserve the lion's share of blame (but especially Madoff).
No but I have. What are you going to do for me? I have a disease that doesn't allow me to function in the field I received a masters degree in. What I had worked very hard at to build a promising career was dead before I could get going. If this had hit me after I got a job I could have sued my employer or received my long term disability which would have made many more things possible than I am facing now. How about them apples and oranges. I know who you are, a candy ass, bleeding heart, professor, I believe. I know a lot of people like you, who won't allow life to happen to people, at the expense of everyone's future. Do I deserve your money to give me what I should rightly have had if life was fair? You can feel sorry for me if you want, but I don't deserve your money. I got shit kicked. I am depressed and don't know what to do. I am fairly worthless to my wife and can't help with household expenses. My dreams of financial security are so far in the dumps that I have absolutely no hope of achieving anything of financial value to her before I die. (hopefully far into the future) We live on a strict budget and within our means. I try to make good decisions in the markets to allow us to keep our money safe and hopefully gain eventually. These are the things I can do for my family and society. I expect to not be saddled with other peoples problems, especially when they are avoidable, just as I don't expect you to be saddle with me. Who knows more about the situation this woman is in?! JIM
It's called due diligence. As I stated, a fool and his/her money. She was an obvious mark. Plenty of wealthy individuals & professional investors quickly declined and said it was a ponzi when looking at Madoff, even when Madoff first opened his fund. Read the 2005 report submitted to SEC, Madoff being a ponzi scheme is no surprise whatsoever. This lady is full of sh*t. First of all, how does an office manager save up two million dollars? Second of all, she claims that there were no clues about Ponzi Scheme. Either she is lying, or just that stupid & ignorant. The people I do feel sorry for, are those whose FoF managers put money with Madoff while lying to the investors about the allocations. Same old scam the banksters been pulling for centuries. Compare it to the tech bubble, pretty much the same scam. Take crap, put it on a silver platter, make it look like the best thing since sliced bread, sell it to investors, make enourmous fees, then claim that you did not know any better & it was a big mistake.
Wow, I'm surprised to see such a post from you. Madoff is a complete sociopath and as scummy a human being as any of you people will ever see if you only knew what you were looking at. Like I've said before, hanging is right about right for him ... and then they should conduct a witch hunt of his family ... that's where the money is.