Bernie Madoff is dead

[Anonymous]

I don’t even understand where DOJ got the money. Wasn’t it all a lie anyway.

[Anonymous]

Anonymous wrote:I agree they are lucky they go anything back. This was too good to be true and I bet many had their doubts but kept investing. Take the money and shut up.

I tend to agree. This isn't like Fidelity or Vanguard stole your 401k. And if this had happened to a community in Kentucky or Tennessee I doubt there would have been as much attention to it.

Look at all the Enron folks - they lost their life savings and a lot of them got bupkus.

[Anonymous]

Anonymous wrote:I don’t even understand where DOJ got the money. Wasn’t it all a lie anyway.

From the article someone else posted:

Approximately $2.2 billion was collected as part of the historic civil forfeiture recovery from the estate of deceased Madoff investor Jeffry Picower. An additional $1.7 billion was collected as part of a deferred prosecution agreement with JPMorgan Chase Bank N.A. and civilly forfeited in a parallel action.
The remaining funds were collected through a civil forfeiture action against investor Carl Shapiro and his family and from civil and criminal forfeiture actions against Bernard L. Madoff, Peter B. Madoff, and their co-conspirators.

[Anonymous]

So many famous people dying these days. I find myself checking CNN several times per day just to make sure I’m not among them. None of that 6th Sense don’t-know-you’re-dead bullshit for this cowboy.