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Post# of 358439
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mretgnol

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mretgnol

Re: pantherj post# 278212

Sunday, 09/20/2009 12:57:18 PM

Sunday, September 20, 2009 12:57:18 PM

Post# of 358439
Actually, different reason why people will collect.

Madoff never placed any trades in over 13 years, so technically, he never lost money via the stock market. Technically, his firm's banking money market accounts are covered up to $500,000 per investor.

Ironic huh? He fugged his investors....and unintentionally fugged the SIPC.
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