Liberty Star
05-12-2009, 08:55 PM
Did anyone watch CNBC program last night shedding very sympathetic light on agony of Palm Beach millionaires and Wallsteert crook Madoff's investors who are now inline for bailout?
Is this a norm that people losing money in stock scams get tax dollars bailout or this is special case? Or is this because drying of money well from Madoff's frauds is causing foreign project being shut down? Who is behind this bailout plan??
Seriously…Madoff Investors Want A Bailout?
Bailout seems to be the word in 2008: Everyone is getting one, or is giving their case for why they need one. In the latest bailout request, the Alternative Investment Management Association (AIMA) is asking for aid for the investors burned in the $50 Madoff investment scam according to Reuters. On the news we have heard heartfelt stories of retirees who lost everything, but then again these were supposed to be sophisticated investors. What should we do?
For those who are unfamiliar with the Madoff investment scandal, Madoff Securities is a hedge fund which set up a big ponzi scheme and scammed investors out of approximately $50 billion. To invest in hedge funds, investors are required to be accredited, which means they have at least a net worth of $1 million or make at least $200,000 a year ($300,000 if married). These types of investments require accreditation because they are considered riskier and more complicated and they are not bound by the same SEC regulations as common investments are.
http://www.nuwireinvestor.com/blogs/investorcentric/2008/12/seriouslymadoff-investors-want-bailout.html
Hadassah warns Madoff scam has compromised projects - Israel News ...
Dec 20, 2008 ... But everything we do to meet the challenge is aimed at protecting our core mission of strengthening Israel and the Jewish people," Nancy
www.ynetnews.com/articles/0,7340,L-3641402,00.html
Israeli nonprofits reel from Madoff fraud
Apr 5, 2009 ... Madoff. They include the Chais Family Foundation, which worked on educational projects in Israel, and the Yeshaya Horowitz Association, ...
www.mydigitalfc.com/news/israeli-nonprofits-reel-madoff-fraud-981
http://www.ynetnews.com/articles/0,7340,L-3641402,00.html
Is this a norm that people losing money in stock scams get tax dollars bailout or this is special case? Or is this because drying of money well from Madoff's frauds is causing foreign project being shut down? Who is behind this bailout plan??
Seriously…Madoff Investors Want A Bailout?
Bailout seems to be the word in 2008: Everyone is getting one, or is giving their case for why they need one. In the latest bailout request, the Alternative Investment Management Association (AIMA) is asking for aid for the investors burned in the $50 Madoff investment scam according to Reuters. On the news we have heard heartfelt stories of retirees who lost everything, but then again these were supposed to be sophisticated investors. What should we do?
For those who are unfamiliar with the Madoff investment scandal, Madoff Securities is a hedge fund which set up a big ponzi scheme and scammed investors out of approximately $50 billion. To invest in hedge funds, investors are required to be accredited, which means they have at least a net worth of $1 million or make at least $200,000 a year ($300,000 if married). These types of investments require accreditation because they are considered riskier and more complicated and they are not bound by the same SEC regulations as common investments are.
http://www.nuwireinvestor.com/blogs/investorcentric/2008/12/seriouslymadoff-investors-want-bailout.html
Hadassah warns Madoff scam has compromised projects - Israel News ...
Dec 20, 2008 ... But everything we do to meet the challenge is aimed at protecting our core mission of strengthening Israel and the Jewish people," Nancy
www.ynetnews.com/articles/0,7340,L-3641402,00.html
Israeli nonprofits reel from Madoff fraud
Apr 5, 2009 ... Madoff. They include the Chais Family Foundation, which worked on educational projects in Israel, and the Yeshaya Horowitz Association, ...
www.mydigitalfc.com/news/israeli-nonprofits-reel-madoff-fraud-981
http://www.ynetnews.com/articles/0,7340,L-3641402,00.html