Thursday, February 05, 2009
How to Steer Clear of a Madoff When You Meet Him
The key question moving forward, both for the Ponzi scheme victims as well as anyone considering investing is, “How can I be sure that I won’t be a future victim of financial fraud?” As we all now know from the Madoff matter, our financial regulatory agencies are not infallible and, by their own admission, dropped the ball with Madoff.
Feeder funds –which, in theory, are funds that earned their fees by conducting due diligence for their investors before investing with Madoff –appear to have been blinded by Madoff’s incredibly consistent and positive returns, the types of returns that the funds could market to increase their client base and revenues...
Fox News Forum: How to Steer Clear of a Madoff When You Meet Him
Feeder funds –which, in theory, are funds that earned their fees by conducting due diligence for their investors before investing with Madoff –appear to have been blinded by Madoff’s incredibly consistent and positive returns, the types of returns that the funds could market to increase their client base and revenues...
Fox News Forum: How to Steer Clear of a Madoff When You Meet Him
Permalink posted by markw @ 5:49 AM 
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