Something you can get mad-off!

[Avelorn]

Yes that is a pathetic pun!

http://news.yahoo.com/s/nm/20081212/bs_nm/us_madoff_arrest

The website (madoff.com) describes Madoff himself as having \"a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm\'s hallmark.\"

Ah. the old pyramid trick!

 

[PegaZus]

Sure is disheartening to learn that people are still falling for the same old tricks. I sure respect someone coming out with something new to scam with. Like a Sham-Zowie or whatever that was. Or the puff pastry pan.

Didn\'t anybody ever tell the investors that if something is too good to be true, it probably isn\'t?

Oh well. Let\'s give them a taxpayer funded bailout.

 

[alextheartist]

I liked the one (not sure if its true), where two guys bought $2000 worth of industrial diamonds, spread them over an area of land, then sold the land to some over eager investors..

Alex

 

[Avelorn]

The thing is the systems are often so complex that very few understands them. It\'s all about trust and you don\'t expect a former chief of Nasdaq to pull off this kind of stunt! And I have to say the interest rate of 10% does not sound unreasonable... I personally know an investment bank in Switzerland that gives you 11% interest rate per year. PM me for where to send the money! :innocent:

 

[freakinacage]

i think i am already invested in that one sven. a very nice nigerian prince is sorting it out for me!