Quote:
Originally Posted by dynalow
Nobody did their own due dilligence. Not investors, not his "auditor" and not the regulators. Lots of blame to go around.
Bernie was "ZZZZ BEST".......for a while. ...and nobody was watching.  |
I feel for those people who lost so much but you have to wonder about someone (like that one guy in the piece) who had an 8 figure family fortune and apparently had ALL of it with Madoff. If he'd had only half with him, still a large percentage to have in one basket, he wouldn't have been ruined, as the piece implies.