Curt Keiser - 12/11/2010 13:15 Rich - 12/11/2010 11:59 What do you think is sad? That they carry the last name or that their dad committed suicide? I am having having a hard time feeling sad either way.. I do feel sad for all those that were bilked out of their savings. Of course they should have been more diligent in looking how it could be such a high return. Greed does cloud our vision. Alot of those that were bilked were not investing directly with Bernie. Their advisors were lazy asses who didn't do their due diligence or they obviously would have seen that "the emporor had no clothes". Although even govt regulators couldn't/wouldn't see the truth through their "filters" either. Which brings up another subject. D-I-V-E-R-S-I-F-C-A-T-I-O-N. The fact that these advisors had individuals' entire portfolios with a single investment (granted it was supposed to be a diversified fund) speaks volumes about their thought process. "Wham bam thank you maam, done deal, took care of that, got er done, ___________ insert your favorite phrase, now let's go play golf I'm worn out from all that 'work'". And to add insult to injury I bet the vast majority still have a securities license. Pitiful. |