tag:blogger.com,1999:blog-4863014635257598503.post5639607861075762033..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Madoff Victim LettersTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4863014635257598503.post-80291338407596696702009-03-22T17:32:00.000-04:002009-03-22T17:32:00.000-04:00i have sympathy for all those that have lost - but...i have sympathy for all those that have lost - but anyone with any understanding of financial market investing should be aware of the risks. <BR/><BR/>on the other hand, the antagonism of commentary above surprises me - we are all in this together - whether its losses in real estate values, hits to our pension funds, destruction of future economic growth, or plain and simply our tax bills rising due to the mess that selfish behaviour has got us into. <BR/><BR/>this attitude has to change - if we don't all accept to share the losses that society must face today due to the economic disarray imposed by financial market fall-out, then we will be forced to accept an even bigger sociological fall-out, probably to the extent of 'mad max'-style Katrina superdome scenarios. don't underestimate the rich-poor divide and the tensions it can cause - and more importantly don't ignore our collective responsibility to resolve this before our generation is tested with something much more harmful than investment lossesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-75403952095658159362009-03-22T04:43:00.000-04:002009-03-22T04:43:00.000-04:00If anything, these "victims" owe me money. My tax...If anything, these "victims" owe me money. My taxes are now paying for the legal and administration costs associated with the scandal. Had these individuals exercised fiduciary duty over their own assets (and anyone will tell you that exercising fiduciary duty will involve understanding how returns are generated), I wouldn't be now paying for the burden on the legal system. <BR/><BR/>Cough it up you rich bums.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-32949291536312299562009-03-22T03:13:00.000-04:002009-03-22T03:13:00.000-04:00Truly a tragic situation. On a compassionate perso...Truly a tragic situation. On a compassionate personal level, you just can't help but feel sorrow for these people. But as a professional trader, I absolutely cannot believe these people put "everything" in one basket. Appreciation of risk was patently vacant.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-61796990213177032332009-03-21T22:30:00.000-04:002009-03-21T22:30:00.000-04:00Wow. What a bunch of really ugly comments.Wow. What a bunch of really ugly comments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-69969256602501217042009-03-21T20:54:00.000-04:002009-03-21T20:54:00.000-04:00Suprising comments.Keep it up.Just remember your w...Suprising comments.<BR/><BR/>Keep it up.<BR/><BR/>Just remember your words.<BR/><BR/>We'll see how consistent you fuckers are with your social-Darwinism.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-37850681437792091362009-03-21T19:22:00.000-04:002009-03-21T19:22:00.000-04:00Yeah, Walmart needs greeters and these people sure...Yeah, Walmart needs greeters and these people sure have a gift. Nooooooooooobody cares. We all have or losses in life. Get a job!Administratorhttps://www.blogger.com/profile/12138762605295242157noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-56660029364084913222009-03-21T18:51:00.000-04:002009-03-21T18:51:00.000-04:00so they are making 15% a year and claim to think t...so they are making 15% a year and claim to think there is no risk involved? lol.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-90073948826456753502009-03-21T18:25:00.000-04:002009-03-21T18:25:00.000-04:00It looks like diversification was a foreign concep...It looks like diversification was a foreign concept to most of these people...........<BR/><BR/>I hear walmart is hiring.<BR/><BR/>Up here in Canada, Scotiabank had an ironic slogan - You're richer than you think................Anonymousnoreply@blogger.com