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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (218208)2/27/2013 10:33:40 AM
From: Sam  Read Replies (1) | Respond to of 543633
 
Actually, from what I've heard, most people will get a good deal of their investment back. Not the gains that they were led to believe that Madoff had made for them, though. Those gains have been clawed back to pay back the original investments.

Madoff debt was trading at 70 cents on the dollar back in Sept.
bloomberg.com



To: Steve Lokness who wrote (218208)2/27/2013 10:37:59 AM
From: Alex MG  Respond to of 543633
 
so social security is a ponzi scheme because... Bernie Madoff

that's brilliant