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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Stevefoder who wrote (284282)	12/14/2008 10:52:25 PM
From: KLP	1 Recommendation Respond to of 793963

Evidently Madoff's fund had an accounting firm that was not 'well known'....(if they were even ever known...is that a better question...) Someone on FOX today said this fraud was as big and as bad as if someone well known had done it....like Buffett.... Maybe the people who had money with Madoff had money to burn....I doubt it though. People with serious money generally know where it is and what it is invested in.... I'm sure there will be some major repercussions....the question is, how many and what will be the effect on the US and the world because of this major loss.... Will any more big companies go under because of this?