Bigger Than Enron - Madoff Pyramid Scheme

[Peter Lemkin]

Of course Madoff was arrested. He committed the most mortal of sins--he ripped off rich people.

Very big no-no.

Agreed - many of his rich investors are now not so rich....BUT, as the names of various persons and funds involved come out, many were philanthropical persons, groups and funds that were helping people at the bottom. I presume there are several similar schemes that should be soon exposed. It is American style capitalism that is really the criminal enterprise here, but you can be sure they'll try to save it rather than scrap it.....