Comments on: Madoff victims – cry me a river?

By: christopherfountain

christopherfountain — Thu, 02 Jul 2009 18:24:12 +0000

She claims personal victimhood

By: Ted

Ted — Thu, 02 Jul 2009 17:59:14 +0000

Did Chaitman claim she lost money (which would be unlikely if she’s an attorney for other members of the class), or was she just speaking on behalf of her clients at the rally?

By: fred

fred — Wed, 01 Jul 2009 04:38:45 +0000

Anybody know the story on the Chicago Climate Exchange and pray tell, who is going to regulate it?

CF?

By: Business Law Lawyer, Atlanta Business Attorneys and Lawyers | Atlanta Georgia Business Attorneys

Wed, 01 Jul 2009 04:08:24 +0000

[...] She served as the chair of the Commercial Financial Services Committee of the Business Law Section of the American Bar Association from 1994 to 1997. She is a member of the American Law Institute and serves as an adviser on the Restatement … %26ldquo;The Ten Commandments for Avoiding Lender Liability%26rdquo; The Secured Lender November/December 1986; The Equitable Subordination of Bank Claims%26rdquo; The Business Lawyer, August 1984; %26ldquo;Enjoining Payment on a Letter of Credit in Bankruptcy: A … Madoff victims %26ndash; cry me a river? « For What It’s Worth [...]

By: What Guru’s are Saying : Getting To Know Your Madoff Victims

What Guru’s are Saying : Getting To Know Your Madoff Victims — Tue, 30 Jun 2009 21:31:48 +0000

[...] not so much. Like Helen Davis Chaitman, a retired lawyer who specialized in bank fraud and whose background + complaints for money seem to make her a worthy candidate of a "eat me" column (and/or Danza slap) [...]

By: Peg

Peg — Tue, 30 Jun 2009 18:52:22 +0000

Put me down as having plenty of sympathy for “investors” – seriously. People can be great at their business and decent people, too – without being as sophisticated and knowledgeable as they might about investing. Shocking that so many did not follow one of the basic principles of handling your money: diversify, diversify, DIVERSIFY!

Still – no evidence that many of these people were greedy, conniving jerks.

While I don’t think that they should be made whole (as I read somewhere: “when folks get robbed, the U.S. government doesn’t pay them back.”) Still – my sympathy? They have it.

By: anonymous

anonymous — Tue, 30 Jun 2009 16:59:27 +0000

Dumb, greedy “victims” failed to do basic due dili and didn’t properly diversify their portfolio

Besides, many of these clowns may have ripped off many customers and employees (and the IRS and fellow, more honest taxpayers) in their years running lucrative car dealers, RE firms, and other sweatshops or scams of their own

Always encouraging to see natural selection prevail

By: Retired IB'er

Retired IB'er — Tue, 30 Jun 2009 16:53:42 +0000

Knee jerk reaction to her situation (and profession) is “karma’s a bitch”.

I have very little sympathy for the Madoff victims, especially those that had substantial percentages of wealth invested with one guy.

Firm believer in “trust but verify” when I invest; and, I go in with my eyes open. Most (all) of Madoff investors pursued the guy because he was generating “outside” returns. Their own greed got them… oldest story in the book.