Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - can someone explain taxes/budget/expenses

spence · 02-17-2011, 07:51 AM

Madoff didn't invest, he just banked the money, falsified returns and paid investors largely from their own money.

If SS is a ponzi scheme than so is any government backed security.
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02-17-2011, 07:51 AM	#32
spence Registered User iTrader: (0) Join Date: Nov 2003 Location: RI Posts: 21,467	Madoff didn't invest, he just banked the money, falsified returns and paid investors largely from their own money. If SS is a ponzi scheme than so is any government backed security. Posted from my iPhone/Mobile device