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OH WHAT A PONZI: Madoff "victims" got back 94% (better returns than TT)
Poast new message in this thread
Date: December 31st, 2024 9:56 AM Author: hung stud (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504389) |
Date: December 31st, 2024 9:56 AM Author: maine is 180 (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504390) |
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Date: December 31st, 2024 10:02 AM Author: sexy Gaysian daddy Terrible return for (((victims))) (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504400) |
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Date: December 31st, 2024 10:03 AM Author: UN peacekeeper (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504404) |
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Date: December 31st, 2024 10:04 AM Author: AZNgirl building Great Wall on Gook Airport runway furk (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504407) |
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Date: December 31st, 2024 10:27 AM I worked on this case a decade ago and there was truly some funny accounting going on there. The trustee faggot treated a dollar as a dollar, so somebody who deposited a dollar a week ago was treated the same as somebody who deposited a dollar in 1995. Then if that person from 1995 got 94 cents back (no accounting for gains, just their deposit), it's a "94% recovery." Despite the headline numbers, they did slightly worse than Tommy when considering inflation and lost gains. (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504435) |
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Date: December 31st, 2024 10:29 AM Author: birdhouse in your soul ((zurich is stained)) 180, we were probably at the firm at the same time (i was at bh from 2015 - 2022) (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504441) |
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Date: December 31st, 2024 11:16 AM Quite possibly, but I gave you (and everybody else there) the backsignal handslash and you didn't react so I had no idea you were a poaster (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504542) |
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Date: December 31st, 2024 11:21 AM Author: giga weed (🧐) (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504550) |
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Date: December 31st, 2024 11:21 AM Author: ,,.,......., (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504551) |
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Date: January 2nd, 2025 11:34 AM Author: birdhouse in your soul ((zurich is stained)) were you AWARE of me when i was at the firm?
i assume you know who i am, along with everyone else on this website. i worked on jay krupin's team in DC. |
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Date: December 31st, 2024 11:20 AM Author: ,.,.,.,....,.,..,.,.,. Why didn’t he Madoff invest in the stock market? The gains he was stating weren’t especially large, they were simply especially smooth. He could have kept it going for a lot longer (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504549) |
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Date: December 31st, 2024 4:07 PM Author: AZNgirl building Great Wall on Gook Airport runway he was wasnt he, the prob was when market crashed in like great recession ppl wanted to redemn and so he had to sell to pay them (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505419) |
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Date: January 2nd, 2025 11:36 AM Author: birdhouse in your soul ((zurich is stained)) i think he had to post gains that regularly beat the s&p, or else nobody would have left their money with him. 99% of people cannot successfully beat the index over long stretches of time so he had to resort to fuckery. then ITE happened and he was done here. (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48510781) |
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Date: December 31st, 2024 11:47 AM Author: Risten Although on a utility adjusted basis, Madoff investors spent years balling out of control on their fake gains (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504646) |
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Date: December 31st, 2024 12:35 PM Author: Ass Sunstein There were no gains, so how can you give some of the investors fake made-up gains that never existed at the expense of other investors? (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48504848) |
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Date: December 31st, 2024 3:38 PM You can't, but the percentage reporting is pretty dishonest. Investing one dollar 30 years ago and getting 94 cents back isn't a 94% recovery, it's just phrased that way to trick proles (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505372) |
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Date: December 31st, 2024 3:42 PM Author: Ass Sunstein What would count as a 94% recovery for you? (serious q)? Everybody gets .94 * their original contribution with compound risk-free interest since they contributed? (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505380) |
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Date: December 31st, 2024 4:02 PM Author: Faggottini * reasonable rate of return of appropriately risk-weighted basket of equities over contribution period
Pls keep in mind that Mr. Madoff's clients were largely Jewish professionals saving for their retirement, why should they have to bear any loss here |
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Date: December 31st, 2024 4:52 PM Author: Ass Sunstein lmao (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505499) |
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Date: December 31st, 2024 6:01 PM The recovery percentage should, at least, account for inflation-- the trustee's decision to treat $1 a week ago the same as 1995 dollar was nuts, that's over $2 in today's figures. Since they just finished, adjust the amount actually adjusted to inflation and announce that as the percentage recovery.
I mean, fuck, why didn't the trustee just stick the money in a bank account and wait for interest to accumulate? Then he could pay out 100% in nominal dollars, notwithstanding this is a massive loss for everybody, it might just take a few more years. The media non-critically repeating 94% just shows they don't really understand the case and typed up a press release. |
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Date: December 31st, 2024 6:16 PM Author: Ass Sunstein If someone stole your car or a briefcase of cash and then the authorities got it back for you years later but intact and said "here it is, we got it", are you really going to complain that it wasn't adjusted for inflation or deposited into a money market account? (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505685) |
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Date: January 1st, 2025 9:33 AM Author: chickenalfredo The trustee has spent millions on Public Relations to make sure it is reported this way (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48506886) |
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Date: December 31st, 2024 4:07 PM Author: AZNgirl building Great Wall on Gook Airport runway nigga, these ppl were pretending they had lost 100% so gettin 94% back is pretty sweet even if they had no gains
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Date: December 31st, 2024 4:53 PM Author: Ass Sunstein Also a lot of them knew it was rigged but they thought it was somehow rigged in their favor (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505500) |
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Date: December 31st, 2024 4:53 PM Author: AZNgirl building Great Wall on Gook Airport runway wow, sounds sorta jewish (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505504) |
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Date: January 1st, 2025 11:49 AM Author: Faggottini (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48507185) |
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Date: January 2nd, 2025 5:26 AM Author: Tutu-fueled Red PissWang Rampage CR- the "cash in / cash out" rule, while probably the only realistic solution, meant a lot of people got truly fucked over (see the clawback actions) (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509795) |
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Date: December 31st, 2024 4:07 PM Author: VoteRepublican (A true Chad!! where's your gf/wifew?) jew on jew violence gonna be more equitable than otherwise ok cool (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505420) |
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Date: December 31st, 2024 6:13 PM Author: spritexero it was something other than a ponzi scheme (like ftx or alameda) that got spun as a ponzi scheme as a cover for when it got taken down / cleaned up. it had some funny dealings with renaissance technologies. (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505678) |
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Date: December 31st, 2024 6:17 PM Author: Ass Sunstein (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48505690) |
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Date: January 1st, 2025 7:33 AM Author: trumpslide Go on (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48506753) |
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Date: January 2nd, 2025 5:26 AM Author: Tutu-fueled Red PissWang Rampage ..... (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509796) |
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Date: January 1st, 2025 11:49 AM Author: Faggottini (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48507186) |
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Date: January 1st, 2025 2:14 PM Author: spritexero it’s a pretty common playbook: you use some ostensibly legitimate investment activity to act as an accounting smoke screen for whatever illegal fund flows you are trying to pull off (skirting capital controls to repatriate profits from something shady, funding something shady abroad). essentially they’re money market banks for criminals and/or intelligence agencies. some (rentec) perform their brief as bankers competently, and manage to make money on the front investment. others (madoff, sbf) are less competent and the front activity blows up in a market crash. that’s when the people/agency who arranged the operation have to step in, dismantle, create a cover story, and send someone to jail (allegedly—no one has been able to verify sbf’s incarceration other than that dumb azn vlogger) (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48507691) |
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Date: January 1st, 2025 9:18 PM Author: trumpslide I don’t really believe this (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48508996) |
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Date: January 1st, 2025 9:44 PM Author: spritexero k (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509090) |
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Date: January 1st, 2025 9:51 PM Author: ''"'""''" (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509121) |
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Date: January 1st, 2025 11:25 PM Author: Fumbles McGillicuddy So Kevin Bacon and his wife don’t have to keep doing shitty movies and tv shows to avoid the breadline? (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509398) |
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Date: January 1st, 2025 11:28 PM Author: darkweb search: incel blackpill ideology (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48509405) |
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Date: January 3rd, 2025 6:37 AM Author: Tutu-fueled Red PissWang Rampage Tremors VII incoming! (http://www.autoadmit.com/thread.php?thread_id=5657227&forum_id=2#48513647) |