Bailout for Madoff investors?

Discussion in 'Current Events' started by over9five, May 25, 2009.

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Should the US taxpayer bail-out Madoff investors?

  1. Yes! Obama gives everyone a bail-out!

    0 vote(s)
    0.0%
  2. No! Risk is part of investing!

    14 vote(s)
    100.0%
  1. over9five

    over9five Moderator Staff Member

    Should the US taxpayer bailout Madoff investors?

    I say NO! Doesn't every investor know that "your investment involves risk, up to and including loss of principal"?

    Or do you think taxpayers should bail them out, because the government did not do its job policing Madoff?
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Investors are advised to read the prospectus before investing as your investment involves risk up to and including loss of principle.
     
  3. 1989

    1989 Well-Known Member

    Since:
    1)Investors had no real signs of a scam.
    2)The SEC blew it.
    3)the losses arn't from declining investments

    How about giving all Madoff investors 80-90% of the money they put in using the interest received off TARP.
     
  4. Baba gounj

    Baba gounj pensioner

    look I lost $20 playing the lottery last week, can I too get a bailout ?
     
  5. 1989

    1989 Well-Known Member


    Did the state misrepresent what you were paying for? I am sure if that was the case, you may be entitled to at least $50.