Shlomo Shamir, Haaretz Correspondent: Members of exclusive N.Y. synagogue lose collective $2 billion in Madoff scam
Talkback
Title:The Emperor had no clothes...
Name:Basil
City: MontrealState: Canada
I mean you would think those big investors would know something about economics and finance. Businesses are cyclical. Their profits are not consistent. You can`t have a 10% yield all the time. It makes no economic sense, but even banks lost money. Too many people have abandoned common sense, because they were just thinking of dollar signs.