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BBKing · 12-03-2009, 16:05

There's a theory around that most of them knew he was bent in some way but thought that by riding along with him part of the way up and then getting off, they could make big bucks. Obviously some got left holding the baby.

Ironically, one of the first people to twig to Madoff realised he was phony because his returns were too smooth. This, he suggested, meant they weren't related to any underlying market activity, and indeed they weren't.

He was ignored, of course.

12-03-2009, 16:05	#4
BBKing R.I.P. Join Date: Jun 2003 Location: London Services: 20Mb VM CM, Virgin TV Posts: 5,983	Re: Look Who Madoff With Your Money There's a theory around that most of them knew he was bent in some way but thought that by riding along with him part of the way up and then getting off, they could make big bucks. Obviously some got left holding the baby. Ironically, one of the first people to twig to Madoff realised he was phony because his returns were too smooth. This, he suggested, meant they weren't related to any underlying market activity, and indeed they weren't. He was ignored, of course.