Comments on: Bernard Madoff gets maximum 150 years in prison http://mountainsageblog.com/2009/06/29/bernard-madoff-gets-maximum-150-years-in-prison/ Political News, Opinion and Discussion Mon, 15 Mar 2010 03:26:31 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Desert Sage http://mountainsageblog.com/2009/06/29/bernard-madoff-gets-maximum-150-years-in-prison/comment-page-1/#comment-24466 Desert Sage Wed, 01 Jul 2009 18:03:57 +0000 http://mountainsageblog.com/?p=4700#comment-24466 As I understand some of the circumstances, there were several investors that sent red flags to the SEC some time before the markets tanked. The SEC did an investigation, and cleared Madoff. What happened there? After the investigation, there were even more investors that smelled a rat and bailed... They were the lucky one's. I think eventually the heat would have gotten the feds off their butts to move in. I question why it took so long. I'd have to say that there were some of the investors that may have been blinded by their own greed. Madoff kept it going by falsifying obscene profits and not many of them stepped in to question the fairy tale. As I understand some of the circumstances, there were several investors that sent red flags to the SEC some time before the markets tanked. The SEC did an investigation, and cleared Madoff. What happened there?

After the investigation, there were even more investors that smelled a rat and bailed… They were the lucky one’s. I think eventually the heat would have gotten the feds off their butts to move in. I question why it took so long.

I’d have to say that there were some of the investors that may have been blinded by their own greed. Madoff kept it going by falsifying obscene profits and not many of them stepped in to question the fairy tale.

]]> By: AliSilver http://mountainsageblog.com/2009/06/29/bernard-madoff-gets-maximum-150-years-in-prison/comment-page-1/#comment-24463 AliSilver Wed, 01 Jul 2009 12:05:09 +0000 http://mountainsageblog.com/?p=4700#comment-24463 Question about Bernie for anyone who konws the answer.... If the market had not gotten so crappy, would he have ever been caught? I am thinking the only reason he got caught is because his money ( using the word HIS loosely) disappeared when the market tanked. So if the market had stayed strong and he could have continued shuffling money all over the place, would anyone have ever known? Question about Bernie for anyone who konws the answer…. If the market had not gotten so crappy, would he have ever been caught? I am thinking the only reason he got caught is because his money ( using the word HIS loosely) disappeared when the market tanked. So if the market had stayed strong and he could have continued shuffling money all over the place, would anyone have ever known?

]]> By: Wizcon http://mountainsageblog.com/2009/06/29/bernard-madoff-gets-maximum-150-years-in-prison/comment-page-1/#comment-24457 Wizcon Wed, 01 Jul 2009 04:19:18 +0000 http://mountainsageblog.com/?p=4700#comment-24457 All these years we thought he was making good decisions! All these years we thought he was making good decisions!

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