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Investment Strategies: Recourse for Madoff Investors


Interview with Jerome Resiman of Reisman Peirez & Reisman: Clients Invested a Total of $150 Million with Madoff

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: Bloomberg

Length: 04:31
Rating: 5.0
Views: 3846

Tags: Editors  Pick  Economy  Government  Politics  Law  Legal  Issues  Personal  Finance  Bloomberg  Television  

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cyan1320 (November 30, 1999 at 12:00 am)
Morgan Stanley made money with Madoff, maybe the victims can reclaim some funds through them
jaddison1112 (November 30, 1999 at 12:00 am)
We have all been hoodwinked by these FREE MARKET idiots ... It is time that everyone in the middle or lower working classes, who works their ass off everyday to make ends meet, finally realize that UNREGULATED CAPITALISM is a fraud and unworkable. If anything has become 100% clear in this economic meltdown, it is that there are many of our fellow Americans who will use their positions of ECONOMIC POWER to RIP THE REST OF US OFF !!!! I say ENOUGH ALREADY !!!!!
RealNewsABC (November 30, 1999 at 12:00 am)
Elie Wiesel, Peace Prize Winner lost $15 million to Bernie Madoff. Elis foundation does good things like caring for 1000 Ethiopian Jews in Israel. Never mind Israel is killing innocent civilians in slums to house illegal settlers. Mr. Wiesel, a Boston University humanities professor said this of Madoff: "We thought he was God, we trusted everything in his hands. Jews, even peaceful & humane ones like Wiesel, help slaughter civilians & worship money. Shameless Jews inviting holocaust.
FranklySpeaking2U (November 30, 1999 at 12:00 am)
Elie Wiesel, Peace Prize Winner lost $15 million to Bernie Madoff. Elis foundation does good things like caring for 1000 Ethiopian Jews in Israel. Never mind Israel is killing innocent civilians in slums to house illegal settlers. Mr. Wiesel, a Boston University humanities professor said this of Madoff: "We thought he was God, we trusted everything in his hands. Jews, even peaceful & humane ones like Wiesel, help slaughter civilians & worship money. Shameless Jews inviting holocaust.
jimj122680 (November 30, 1999 at 12:00 am)
He's a jew; what do people expect.
mnbvc12111 (November 30, 1999 at 12:00 am)
It's laughable everybody clammering for more SEC oversight --IF the SEC had gotten involved early to tamp down this Madoff 'money party', there would be an outcry by the investors reaping the 8-15% yearly 'steady' returns to get the governmant off their backs and allow the free market to operate. The free market IS Bernie Madoff --SEC oversight or 'interferance' as it would be viewed as in the boom times would be stopped in short order by the Fin Servs. lobby --ask WHY is the SEC so underfunded?
maxamillionent (November 30, 1999 at 12:00 am)
this dude looks like he's got some earwax on him.
WhoRonPaul (November 30, 1999 at 12:00 am)
hopefully they are going to learn if any of those funds were used to fund any terrorism. that would my primary concern.
osnap757 (November 30, 1999 at 12:00 am)
to bad they cant get that back....
BonMache123 (November 30, 1999 at 12:00 am)
This story illustrates the tight neat community of concentrated wealth and power in America. Published reports stated that Madoff employed only twenty people in his firm. They managed some 50 billion dollars. This story illustrates the importance of diversity in America, in more ways than one. Should we feel sorry for these wealthy elites, certainly not. I hope he steals another 50 billion by the time the investigation is completed.

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