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Thread: Madoff Sentenced to 150 Years

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by apdst View Post
    All I'm saying, is that we need to see these kind of sentences for people who commit rape and murder.
    We don't????

    Each case is different, no? I have see sentences higher than 200 years for murder, so again, I have no idea hat you're getting at. This is the Madoff thread. If you think his crime does not fit the time, then say why. Generalizing murder sentences is not an argument.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Middleground View Post
    We don't????

    Each case is different, no? I have see sentences higher than 200 years for murder, so again, I have no idea hat you're getting at. This is the Madoff thread. If you think his crime does not fit the time, then say why. Generalizing murder sentences is not an argument.

    On average a rapist, or a murderer wouldn't get 150 years. Prove me wrong.

    If you think his crime does not fit the time, then say why.
    I've already said, twice, that I believe Madoff got what he deserved. Please read the full content of my posts before commenting. Thank you.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Middleground View Post
    Not at all, to be frank. Why? Because we have been quite soft on white collar crime and based-on what has happened to the economy, it's time that these fraudulant, lying, and cheating bastards get what they deserve.
    Don't get me wrong, I agree these guys are low life scum. I just think it is a little excessive.


    For 25 years, my brother has worked for a high tech company that had cooked the books and gave themselves big-assed bonuses year-after-year. They are now in bankruptcy, and my brother, along with all of the other peeons, will not only lose his job, but also his pension. It does not feel good starting all over at 45, especially know that they ones that screwed you over are living high on the hog.

    I feel bad for your brother, truly I do. Those guys should be punished and made to pay back everything to the workers and then some. This is different though because he worked for them and didn't hand it over.
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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Gill View Post
    Wrong. Some were, but many were not.

    These "people" were hospitals, charities, universities, and ordinary working people's mutual funds.
    All of those institutions should NOT be investing in hedge funds.
    Their finance managers should be fired for making incredibly huge risky investments.

    Remember the #1 rule of investing, never put all your eggs in one basket.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by apdst View Post
    I've already said, twice, that I believe Madoff got what he deserved. Please read the full content of my posts before commenting. Thank you.
    Cool. Then we are on the same page.

    I'd be more than happy to comment on another thread regarding sentences for murderers and rapists if you want to start one.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    All of those institutions should NOT be investing in hedge funds.
    Their finance managers should be fired for making incredibly huge risky investments.

    Remember the #1 rule of investing, never put all your eggs in one basket.
    This is especially true unless it is FDIC insured.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    All of those institutions should NOT be investing in hedge funds.
    Their finance managers should be fired for making incredibly huge risky investments.

    Remember the #1 rule of investing, never put all your eggs in one basket.
    Why not?? Hundreds of people like this invest in hedge funds. There are lot's of completely legitimate hedge funds.Many of these people didn't put their money directly with Madoff.

    How do you know they put all their eggs in one basket.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Gill View Post
    Why not?? Hundreds of people like this invest in hedge funds. There are lot's of completely legitimate hedge funds.Many of these people didn't put their money directly with Madoff.
    Hedge funds are lightly regulated precisely because there is great amount of assumed risk involved with them.
    That is why they have income and minimum net worth requirements.

    If the money was invested by an agent of the investor that person is liable for damages because they haven't done their due diligence with investing others money.

    Quote Originally Posted by Gill View Post
    How do you know they put all their eggs in one basket.
    If someone is ruined because of one investment faltering, they at least have a large chunk of their money invested.

    Hedge funds are risky, there is a For Dummies guide that costs about $20 that could have explained everything they needed to know about investing with them.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Madoff Sentenced to 150 Years

    150 years?
    This is outrageous!
    One third off for good behavior, and in 100 years this scum will be out.
    "The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis."

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    Hedge funds are lightly regulated precisely because there is great amount of assumed risk involved with them.
    That is why they have income and minimum net worth requirements.

    If the money was invested by an agent of the investor that person is liable for damages because they haven't done their due diligence with investing others money.



    If someone is ruined because of one investment faltering, they at least have a large chunk of their money invested.

    Hedge funds are risky, there is a For Dummies guide that costs about $20 that could have explained everything they needed to know about investing with them.

    That is all fine and good as long as the guy runing it is not running a ponzi scheme.

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