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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (180768)1/30/2009 4:13:47 PM
From: PoetRead Replies (3) of 306849
 
Yikes! What are they gonna do about the pensions?

They're suing. But I doubt they'd ever get more than pennies on the dollar, if that much.

My stepfather, a retired physician, told me that a very large orthopedic group (20+ doctors, many more staff) had everything with the Fairfield-Greenwich Group...which sliced 1.5% off the top and gave it to Madoff. They have nothing.

The ramifications of the Madoff swindle are all over those towns. It's going to change them in ways that I don't think anyone can forsee. This is why I keep posting about Madoff. For me it's personal. Or close to it.
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