Shlomo Shamir, Haaretz Correspondent: Members of exclusive N.Y. synagogue lose collective $2 billion in Madoff scam
Talkback
Title:Madoff not really so terrible
Name:JJenkins
City: SaskatoonState: Canada
He only stole from rich people. He wouldn`t take less than a quarter million dollar investment. Why should we care? In case you haven`t noticed, we are entering a great depression. Why aren`t we reading articles about poor people and their suffering?

How about ordinary people being swindled?

And let`s do some math. He gave returns of 15% per annum (which should have set off alarm bells, by the way). Rich people who invested with him have lost no money if they invested with him for seven years - they would have received the value of their investment.