2009: Liquidating Bernie Madoff's remaining assets
930,651
Published 2021-04-14
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All Comments (21)
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This was not THEIR wealth. It was stolen. There is a difference.
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10/10 editing 5:07
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Both of Bernie's son's died before he died in prison, his brother also went to prison for around 10 year's.
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My left ear enjoyed this
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I miss you, Morley Safer! You were the best!
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The richest investors clearly knew it was a fraud - the returns defied all logic and common sense.
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This story still amazes me to this day
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Are they also suing the SEC who knew what was going on, but couldn't be bothered investigating?
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His wife was allowed to keep 2.5 million dollars. This is the equivalent of a family member stealing millions from a bank, and the court lets the family keep millions. It's the same exact thing.
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The one victim of this scam that comes to mind... was the 70 year old man that had to get a job at his local supermarket.. i remember that video. It was very sad
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Today Madoff, tomorrow Bitcoin.
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People never learn. If it sounds too good to be true, it’s not true.
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I want to know why the SEC isn't being sued and made to reimburse victims. ALL of this could have been prevented if they had not been incompetent idiots who turned their faces, even though it had been reported to 5 times over 5 years. SEC is worthless and should be held liable and sentenced accordingly.
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I see article from Sep 2021 (Reuters) that states 81.35% has been recovered (per Justice Department). Quite impressive.
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11:25 "Everyone was just feeding at this through of greed". Pretty much sums it up.
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They keep saying all these people should of known, the SEC was warned for 8 years and did nothing but they didn't know?, and I bet if the financial collapse doesn't happen this never comes to light.
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5:07 Bohemian Rhapsody editing right there
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Switzerland and off shore wakeup
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.... Morley Safer (November 8, 1931 – May 19, 2016) was a Canadian-American broadcast journalist, reporter, and correspondent for CBS News. He was best known for his long tenure on the news magazine 60 Minutes, whose cast he joined in 1970 after its second year on television. He was the longest-serving reporter on 60 Minutes, the most watched and most profitable program in television history.
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And how much are these lawyers going to make?
