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Thread: Madoff Sentenced to 150 Years

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    I didn't say that, lets make this very clear.

    Hedge funds are not for retirement funds.

    Do you know how hedge funds earn their money?
    You actually have been blaming the victims. You have done it repeatedly in fact.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Goldenboy219 View Post
    Regardless, the government had to make a statement, to the world, that this will not be tolerated. He provided no additional information about the scheme, which could help find any remaining assets. Without a doubt, there is money tucked away in different places, as he was doing this for decades.

    IMHO, they should have hung him....
    I understand, I just wanted to slow the stroking of wealth envy that would eventually poke its head out.
    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 Harry Guerrilla View Post
    I understand, I just wanted to slow the stroking of wealth envy that would eventually poke its head out.
    True.

    Do you believe he deserved to die instead of life in prison?
    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
    I understand, I just wanted to slow the stroking of wealth envy that would eventually poke its head out.
    Are you really going to do stuff like this? What does any of this have to do with wealth envy? A criminal who took advantage of thousands of people is going to prison for the rest of his life, like he should. Wealthy envy does not even enter into it.

    Are you one of those people who tries to turn everything into a discussion of your pet peaves?

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Redress View Post
    You actually have been blaming the victims. You have done it repeatedly in fact.
    What Madoff did was wrong, without a doubt.

    With that said, you should not put all your money into extremely risky investments and expect me to feel sorry if or when you loose it all.

    They are victims of Madoff and their own stupidity.
    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 Goldenboy219 View Post
    True.

    Do you believe he deserved to die instead of life in prison?
    I don't believe in the death penalty.

    Life in a regular prison would be preferable over the death penalty.

    Quote Originally Posted by Redress View Post
    Are you really going to do stuff like this? What does any of this have to do with wealth envy? A criminal who took advantage of thousands of people is going to prison for the rest of his life, like he should. Wealthy envy does not even enter into it.

    Are you one of those people who tries to turn everything into a discussion of your pet peaves?
    There are a fair amount of people who like to turn stuff like this into, "I hate the rich".

    I didn't even address that to you, in fact I said the wealthy people who got scammed earned it, mostly by their own stupidity.
    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.
    —Adam Shepard

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post
    What Madoff did was wrong, without a doubt.

    With that said, you should not put all your money into extremely risky investments and expect me to feel sorry if or when you loose it all.

    They are victims of Madoff and their own stupidity.
    Some of them are quite bright actually. Here is a funny thing, some people know alot about some issues, but not as much about others. When forced to deal in issues which they now less about, they are easy victims of criminals like Madoff.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Harry Guerrilla View Post

    There are a fair amount of people who like to turn stuff like this into, "I hate the rich".

    I didn't even address that to you, in fact I said the wealthy people who got scammed earned it, mostly by their own stupidity.
    I don't see where that has happened much in this thread. I do see you bitching about people who hate the rich. I do see you blaming the victims.

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    Re: Madoff Sentenced to 150 Years

    I recently saw a film piece where he was sitting in a room with a bunch of people and he was making a point that in today's market it is nearly impossible to defraud anyone out of the money. He appeared as sincere as you grandpa. First Enron now this guy. I think I'll start selling shoe boxes door-to-door.
    It's nothing more than X's and O's.

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    Re: Madoff Sentenced to 150 Years

    Quote Originally Posted by Redress View Post
    Some of them are quite bright actually. Here is a funny thing, some people know alot about some issues, but not as much about others. When forced to deal in issues which they now less about, they are easy victims of criminals like Madoff.
    How reasonable and bright is it to give someone your life saving without at first getting several opinions?

    [ame=http://www.amazon.com/High-Powered-Investing-Dummies-Business-Personal/dp/0470186267/ref=pd_sim_b_31]Amazon.com: High-Powered Investing All-In-One For Dummies (For Dummies (Business & Personal Finance)): Amine Bouchentouf, Brian Dolan, Joe Duarte MD, Mark Galant, Ann C. Logue MBA, Paul Mladjenovic, Kerry Pechter, Barbara Rockefeller, Peter J. Sander[/ame]

    That inexpensive book could have saved them a lot of heart ache.

    Quote Originally Posted by Redress View Post
    I don't see where that has happened much in this thread. I do see you bitching about people who hate the rich. I do see you blaming the victims.
    An ounce of prevention is worth a pound of cure.
    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.
    —Adam Shepard

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