Madoff lite..Only 8 Billion this time.

Discussion in 'Free Speech Alley' started by DRC, Feb 19, 2009.

  1. DRC

    DRC TigerNator

    Same ole shiit, another blood sucking scumbag.

    Is this stuff really the tip of the iceberg? I have a feeling it is.

     
    DRC, Feb 19, 2009
    #1
  2. LSUMASTERMIND

    LSUMASTERMIND Founding Member

    Whats crazy about this is, they cant find the guy. Also they say he owes 200 million in taxes.
     
    LSUMASTERMIND, Feb 19, 2009
    #2
  3. CarolinaTiger61

    CarolinaTiger61 Recently Repatriated

    Maybe Obama could appoint him to his Cabinet.

    Just kidding. Kinda.
     
    CarolinaTiger61, Feb 19, 2009
    #3
  4. tirk

    tirk im the lyrical jessie james

    my parents have every cent of their lifetime savings wrapped up in this group.


    good luck to them.
     
    tirk, Feb 19, 2009
    #4
  5. Tigerbnd05

    Tigerbnd05 National Champs 2003 2007

    so far its just certificates of deposits. I have family friends that had all their finacials going through Stanford as well. If they were diversified, they should be ok and only lose what they had in those CD's. While everything else is frozen from what I have heard, they should be able to get access to it eventually.
     
    Tigerbnd05, Feb 19, 2009
    #5
  6. CarolinaTiger61

    CarolinaTiger61 Recently Repatriated

    CarolinaTiger61, Feb 19, 2009
    #6
  7. LSUMASTERMIND

    LSUMASTERMIND Founding Member

    Im sorry to hear that, I hope everything goes ok with them.
    I love your avatar.
     
    LSUMASTERMIND, Feb 20, 2009
    #7
  8. red55

    red55 curmudgeon Staff Member

    That could be rough, for sure. Diversification is basic to investing. Surely they have funds spread out and not just in Stanford CD's?
     
    red55, Feb 20, 2009
    #8

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