Comment

Madoff Gets 150 Years

38
Buck6/29/2009 9:33:18 am PDT

re: #27 soxfan4life

So if an investor wasn’t able to figure that out as well then shame on them. The conventional wisdom says don’t invest money you can’t afford to lose.

Many did take out money every year… Some even took out more than they put in.

Often he was raising money in order to pay off people who were withdrawing funds.