tag:blogger.com,1999:blog-411548581115582153.post5136525050592329515..comments2023-05-05T04:51:58.614-07:00Comments on Chuck on the Right Side: Too Good To Be True? It Probably Is!Chuckhttp://www.blogger.com/profile/11159267133015077842noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-411548581115582153.post-78521847958974612152009-06-16T23:24:07.864-07:002009-06-16T23:24:07.864-07:00This wasn't greed. Madoff chaired NASDAQ 3 tim...This wasn't greed. Madoff chaired NASDAQ 3 times and was one of the most respected and trusted investors on Wall Street. Complaints were made to the SEC by people who believed his returns were just too good to be true. The SEC supposedly investigated this guy and said he was on the level. <br /><br />Did the SEC not think it odd that his accounting firm was a one man operation working above Mike Mnoreply@blogger.comtag:blogger.com,1999:blog-411548581115582153.post-27738109993432387532009-06-01T23:04:39.065-07:002009-06-01T23:04:39.065-07:00Chuck, I agree with most of what you said, but not...Chuck, I agree with most of what you said, but not all investors were rich people. But even if they were they are still crime victims. A lot of five figure salaried working people invested through Madoff and lost their life savings to fund them in retirement. Now they are worth ZERO.<br />On march 9, 2009 he reached an agreement with the SEC banning him for life from trading. That's not a joke. Anonymousnoreply@blogger.com