LINK Bernie Madoff, infamous Ponzi schemer, has died - CNN
He had too long a life. There's no justice. How many people committed suicide because of him? It’s a shame he could only die once. Toss the body in a dumpster.
10
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Feel free to reply to any comment by clicking the "Reply" button.Wait, is it too good to be true, what are those returns stats?
waitingforgodo
Level 8
Apr 15, 2021
0
I hope he was in a lot of pain before he died. At the same time I have no sympathy for those who were swindled by him either. It’s what happens when your brain isn’t in gear and your consumed by greed.
CuddyCruiser
Level 8
Apr 14, 2021
1
You have no sympathy for people who are swindled? Don't think it couldn't happen to you? It can. If it did, I wouldn't blame you for making what you thought was a legitimate investment. He was no fly by night guy, he was the former head of the NASDAQ Exchange.
@barjoe It also boils down to doing research and a little common sense. I will not buy into ANYTHING that I even SLIGHTLY suspect is fishy. There may have been innocents that have been swindled by him.......I know what your saying, but the ones who were like him and just wanted to pile on more and more, that’s my main point.
@barjoe And the fact alone that he was the former head of that NASDAQ exchange should have been a red flag right there.
@CuddyCruiser One of those double down guys. Huh!
He played on people's greed. Anyone with half a brain should have seen how it would end.
Moravian
Level 8
Apr 14, 2021
2
Blame the victim! Greed? You mean wanting to make money on an investment? SMDH
@barjoe I have a friend who invested over £500.000 he inherited from his late father in London and Capital bonds. They were guaranteeing an 8% return when the bank rate was around 0.2 %. Of course it went belly up and he will probably lose all or most of it.
It has affected him badly and he has spent the last 18 months investigating the company and trying to get the perpetrators in court with out success.
He was very naive as were the people who fell for the Madoff Ponzi scheme. If it looks too good to be true then it probably is.
One thing interests me. He was sentenced to 180 years in prison when the sentence for murder i s normally less than 25 years. Looks like money ,means more than someones life.
@barjoe Sentencing is certainly much more draconian in the USA where the running of prisons is a lucrative business. I was thinking about the situation in the UK where a life sentence can be as little as 20 years.I do not agree with the death sentence partly for the reason I gave and because it is more about revenge than justice.
At least we're no longer paying to imprison him.
Lorajay
Level 9
Apr 14, 2021
4
The death penalty isn’t too much better. Sometimes the best thing for people like Madoff is to just let them suffer, regardless of how painful it is.
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