I have no sympathy for Bernie Madoffs 'victims'. Their own greed is the reason behind their loss,not Mr.Madoff,who was just trying to make a buck in the grandest of American traditions. Steal it! be seeing you

Although many people were to busy seeing $$$ than to pay attention to the red flags about his practices, nit everyone was a direct investor. Some people were indirect investors via their retirement accounts. There are many who lost money because their 401k for example invested in his company. SO your statement, if it holds any water at all, does not cover every victim of Madoff.

I felt the same way at first Prisoner, but as the story developed Jb is right, there were plenty of innocent but ignorant victims. just my observation.

If it is greedy to want to make money or have it grow for a nest egg for the future...then yes....many are guilty of that. People who try and find every single little deduction to the point of cheating are doing the same thing.

That is what envesting is; envesting to make your money work for you. Hopefully to watch it grow and have retirement funds to retire on. You just have to figure out how and who to trust with your money and envestments. This madoff was a crook ito the nth degree. He knew what he was doing. He was scamming and taking the trust of people he knew and using them to get people they knew and so on and so on. A simple pyramid scheme pulled on the rich and rising.

He was good. He was very good. He has a few years to live with what he did to all those that he hurt. Those also include widows he purposed to help. Retirees....so many.

Kat