Comments on: How Bernard Madoff Made Off with My Money http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/ The Neat Side of the Web Thu, 16 Feb 2012 16:54:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Argetlam Zarroc http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/comment-page-1/#comment-1572469 Argetlam Zarroc Tue, 17 Mar 2009 03:29:43 +0000 http://www.neatorama.com/?p=21813#comment-1572469 Mad(e)off = Madoff haha Mad(e)off = Madoff haha

]]> By: striatic http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/comment-page-1/#comment-1346407 striatic Tue, 06 Jan 2009 07:44:32 +0000 http://www.neatorama.com/?p=21813#comment-1346407 While a dissection and thorough understanding of greed is important and worthy of study, i can't help but wonder if more attention and study should be paid to the people who were on to madoff and reported him. what was their psychology and how do we encourage it? learn to listen to it? While a dissection and thorough understanding of greed is important and worthy of study, i can’t help but wonder if more attention and study should be paid to the people who were on to madoff and reported him.

what was their psychology and how do we encourage it? learn to listen to it?

]]> By: Gary B http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/comment-page-1/#comment-1345400 Gary B Tue, 06 Jan 2009 01:50:25 +0000 http://www.neatorama.com/?p=21813#comment-1345400 Many Wall Street folks took a few looks at the Madoff 'system' and not only stayed away, but repeatedly warned SEC. One thing that has not been mentioned is the fact that Madoff didn't have to convince everybody, just a few. I would suppose that less than 10% of investors or investment firms who were prospects got sucked in. That was enough. So we don't have to assume that Madoff was some super-con - just a regular one, working in a field with a lot of zeroes in the amounts. Just so, the Nigerian scam at one time (maybe still?) was the second largest industry in Nigeria, bringing in billions of dollars per year, on what I would assume was a much less than 1% hit rate on their ads. Many Wall Street folks took a few looks at the Madoff
‘system’ and not only stayed away, but repeatedly warned SEC. One thing that has not been mentioned is the fact that Madoff didn’t have to convince everybody, just a few. I would suppose that less than 10% of investors or investment firms who were prospects got sucked in. That was enough. So we don’t have to assume that Madoff was some super-con – just a regular one, working in a field with a lot of zeroes in the amounts.

Just so, the Nigerian scam at one time (maybe still?) was the second largest industry in Nigeria, bringing in billions of dollars per year, on what I would assume was a much less than 1% hit rate on their ads.

]]> By: I C Kook http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/comment-page-1/#comment-1345279 I C Kook Tue, 06 Jan 2009 01:12:34 +0000 http://www.neatorama.com/?p=21813#comment-1345279 This is Kooky. Totally Kooky, I tell ya! This is Kooky. Totally Kooky, I tell ya!

]]> By: Warren http://www.neatorama.com/2009/01/05/how-bernard-madoff-made-off-with-my-money/comment-page-1/#comment-1343809 Warren Mon, 05 Jan 2009 16:52:33 +0000 http://www.neatorama.com/?p=21813#comment-1343809 He really could have written his book using just one work, greed. He really could have written his book using just one work, greed.

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