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Bernie Madoff 10 Years Later: Ep. 3 | Hunting Bernie's Billions 

CNBC
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Part three of CNBC's three part original podcast series. It’s one of the greatest lies ever sold, a $65 billion fraud. For the past decade, Bernie Madoff - locked away from the world as he serves a 150-year prison sentence - has been the face of greed.
That’s not the end of the story. CNBC special correspondent Scott Cohn and American Greed executive producer Chuck Schaeffer go “behind bars” to uncover the Madoff of today, from the lawyers and investigators to the victims. In our final episode: hunting Bernie’s billions. With his victim’s lives shattered, coping with the financial loss, trauma, and tragedy and the 10 year effort to make them whole.
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About American Greed: Scams, sex, and even murder all in the name of a perverted American dream. Enter a world where crime pays until you get caught. CNBC’s unprecedented original true-crime series, “American Greed”, takes you inside the amazing real-life stories of how some people will do anything for money. Narrated by award-winning stage, screen, and television actor Stacy Keach.
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#MadoffBehindBars

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12 сен 2024

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Комментарии : 262   
@barrykevin7658
@barrykevin7658 3 года назад
Getting 75% of your money back after gambling it on the stock market with a crook is a great return, they should count themselves very lucky .
@SprezzaturaLifestyle
@SprezzaturaLifestyle 2 года назад
If I were Bernie I would have taken the financial crisis in 2008 as an opportunity to get out of the ponzi scheme by faking huge losses. Just as he sent fake trading statements in the mail to fake gains he could have done it the other way around to fake losses. And everyone would have believed it because of the financial crisis. He could have even faked a lehman brothers invenstment or bear stearns that went to zero and gotten out of the fraud. And the few who would have sued him he could have paid off with the principal money that he still had on his account.
@VidaBlue317
@VidaBlue317 Год назад
My guess is most of the victims had schemed and scammed their way to wealth in the first place
@chevy4x466
@chevy4x466 Год назад
This is what I am coming to grips with. Basically, they did not receive their ill 😷 gotten gains. I am 52. No one did a documentary for my generation when we all lost our shirts 👕 in the housing bubble when we didn’t have 2 nickels to rub together. My take away is… losing money in the Jewish community is the worst thing that can happen. It’s a fate worse than family tragedy. A bunch of people who worship money 💰 had their god separated from them.
@paulbrasier372
@paulbrasier372 2 года назад
How old was the lady who had a daughter with a college fund ??? Daughter had to be a 40 year old college student.
@chevy4x466
@chevy4x466 Год назад
Many of these old Jews never worked a hard days labor in their life. Many were trust fund women and kids.
@douglascarlson9006
@douglascarlson9006 3 года назад
One of the many lessons here is to realize the consequences of having your entire nest egg in one single fund.
@marilynnschroeder4436
@marilynnschroeder4436 2 года назад
What a nerve Ilene Kent has, making it seems like they’re owed anything. They got their money out, which was a lot more than most investors! And she wants the SIPC money too? Double their initial investment? Pure greed.
@MrDavidJMa
@MrDavidJMa 5 лет назад
Never invest more than you are prepared to lose!
@MR..181
@MR..181 5 лет назад
David Mallinson ...bank it..?....buy real estate and live off poor people who can not afford to live off poor people ponzi????
@veronicamitchell9378
@veronicamitchell9378 3 года назад
Right, the stock market is gambling, be prepared to loose.
@DSmith-up2uf
@DSmith-up2uf 4 года назад
Well done gentlemen. Great discussion. Great show.
@HagakureJunkie
@HagakureJunkie 3 года назад
People BEGGED to invest with Bernie. BEGGED. You had to know someone who knew him and he had to approve you. These weren’t “victims”. They were willing, greedy sheep.
@12345fowler
@12345fowler 3 года назад
You are a victim whenever someone gives you forfeited financial accounts / papers.
@richardl6188
@richardl6188 2 года назад
Thanks for this series! As a conservative investor, I've attended many of these "invest your retirement money here" seminars, and most seem sketchy. I have most of my portfolio in real estate, which I have control of and is doing great, but I'm still susceptible to scams. So, I keep monitoring Zillow and County records to make sure no one is fraudulently trying to take ownership of my properties.
@jackiepowell7513
@jackiepowell7513 Год назад
How and why can t the county or mortgage holder set up practices to assure this doesn't happen???
@richardl6188
@richardl6188 Год назад
@@jackiepowell7513 That's a good question! There are safeguards like notaries and escrows, but all it takes is some creative person to find a way around them.
@ColinBunston
@ColinBunston 5 лет назад
Selling on the phone tactics see Wolf Of Wall Street. It's an art they know how to leverage your greed.
@chad2831
@chad2831 4 года назад
but let’s not forget nobody from a bank was charged for anything👌
@rhondamorse2669
@rhondamorse2669 3 года назад
Maybe not charged, but fined .
@HagakureJunkie
@HagakureJunkie 3 года назад
Why wasn’t the SEC charged? Or the FTC? There was plenty of evidence that they ignored.
@chad2831
@chad2831 3 года назад
@@HagakureJunkie because Lehman had to be punished for not taking the bail out in 2001 when the dot com bubble burst and long term capital management tried to bankrupt the world. they already had a fall boy. lehman was taken behind the wood-shed for being too damn arrogant a decade earlier. thats why
@busydoinnothinn
@busydoinnothinn 3 года назад
@@chad2831 what do you want the Banks to be charged with? Most trusted but didnt verify Bernie was a crook. And they paid billions in fines. Who exactly from the bank should be charged and with what?
@daf62757
@daf62757 2 года назад
Every time I watch American Greed, I cannot understand how people can be so ignorant about investing. Anytime someone approaches me about money, my first reaction is that I am being scammed and they are trying to steal my money. I get junk mail from investment advisors wanting to provide me a free steak dinner at some swanky restaurant and I instantly think that they are scamming me. Investments are always risky and nothing lasts forever. You have to trust only yourself and everyone else is a potential thief.
@reginabethpm9402
@reginabethpm9402 3 года назад
Thank you! Very interesting and informative. I listened to all 3 episodes in 1 sitting.
@nelsonbrandt7847
@nelsonbrandt7847 Год назад
What a fantastic three-part series. I wish I knew all of this 20 years ago.
@dogan6070
@dogan6070 4 года назад
Lesson learned,. Don't trust your money and your wife to nobody.
@thecitizenjoan
@thecitizenjoan 5 лет назад
Don't put all your eggs in one basket kiddos. Always cover yourself.
@user-xr3rb6pn9m
@user-xr3rb6pn9m 5 лет назад
It feels that a pile of cash under the mattress is the best way to invest money 😀 it definitely depreciates at the rate of 2-3 % every year but at least it won't disappear overnight.
@g13flat
@g13flat 5 лет назад
Unless it gets eaten by mice and bugs. ;)
@user-xr3rb6pn9m
@user-xr3rb6pn9m 5 лет назад
@@g13flat let's call it "non-financial depreciation of assets" 😀
@HagakureJunkie
@HagakureJunkie 3 года назад
Or your partner steals your cash...or murders you for your money...or your house burns down....
@chevy4x466
@chevy4x466 Год назад
Our modern financial system revolves around sending money to Wall Street while u still owe money on house, car, kids. I think people should get debt free before investing money with these Wall Street charlatans
@Chaserandburk
@Chaserandburk 5 лет назад
To call this a podcast about Bernie madoff is misleading, this is an hour of mostly uninteresting stuff that didn't make the original show. Hey CNBC, maybe consult a podcast company and ask how to make a podcast first next time
@enekervis
@enekervis 5 лет назад
Thank you for this wise series
@matthewxrp0076
@matthewxrp0076 2 года назад
You should investigate the SEC now Gary
@christopherfoley2819
@christopherfoley2819 3 года назад
Sorry, but if your friends are receiving 3-5% ROI and you are consistently reaping 13-15% and there are similar investments, wake up, greed was overpowering here, by everyone involved, no one wanted to question his ROI
@ricardosimon517
@ricardosimon517 5 лет назад
Electric chair is the way to stop those criminals
@iMadrid11
@iMadrid11 5 лет назад
ricardo simon - Killing criminals won’t help you recover the money. Keeping Madoff alive and monitoring all of his family moves can potentially recover some of the money.
@barrykevin7658
@barrykevin7658 3 года назад
Be realistic.
@siobhanc777
@siobhanc777 3 года назад
killing someone else because they stole from u? umm, that makes u just as much of a criminal as they are! we have no right as humans to decide who lives or dies - regardless of jury rules, etc...u dont have the right!
@Jrjaro
@Jrjaro 2 года назад
Really hard to believe even 10+ years later how could the regulators go so blind, not one single trading or counterparts...
@allenuconn
@allenuconn 2 года назад
They are technically incompetent. It's like putting your grandfather in charge of regulating the use of social media.
@9682joe
@9682joe 2 года назад
Good to know stephen Spielberg had his "foundation" invested with madoff. How does a charity provide funds to people who need it if they can't take the money out of the fund
@matcabliii
@matcabliii 5 лет назад
He used a ponzi scheme within a ponzi scheme 😄
@AndreAndFriends
@AndreAndFriends 5 лет назад
11 min. FINALLY WE GETTING TO THE IMPORTANT POINT!!!
@Ghostrider_Ghost
@Ghostrider_Ghost 3 года назад
Greed ...the people who gave Madoff money to invest were ....Greedy ....u can't get 18 percent anywhere ...these people blindly followed Madoff ...n got screwed ...they shud have done their own due diligence
@jasonprice4707
@jasonprice4707 5 лет назад
Im no financial wiz by n e means...but i am wise Enough to kno not to give my money to n e body with the name "Made Off " ...Lol
@tonybinda6905
@tonybinda6905 5 лет назад
For sure I allways thought his last name so fitting.
@bigmazzie8775
@bigmazzie8775 4 года назад
😂😂😂😝🤣🤣🤣🤣
@fanny3942
@fanny3942 3 года назад
😂😂😂
@gatsbylight4766
@gatsbylight4766 3 года назад
_"Made Off"_ ?? I'm a bit suspect when someone who wants me to give them my money has "Burn" right there in his name.
@garygagnon9655
@garygagnon9655 5 лет назад
Where did the 65 billion dollars go then??? Someone or people or banks or where ever has it.
@glitter7777
@glitter7777 Год назад
There never was 65 billion that was just the fictitious gains. It ended up being around 19 billion that went to fund his lavish lifestyle. Most was liquidated to give back to the victims
@WS-gw5ms
@WS-gw5ms 5 лет назад
Noway 75 cents on the dollar?!
@Tricia2023
@Tricia2023 Год назад
Why would anybody put all their money with one guy 😮I’m sorry but I would never do that !
@catman8670
@catman8670 3 года назад
Most got their original investment back after this was exposed, however the “victims” want the fake interest which was never there except on paper! Still greedy and stupid
@12345fowler
@12345fowler 3 года назад
And how exactely do you know that ? Do you have account statements ? Just curious
@SprezzaturaLifestyle
@SprezzaturaLifestyle 2 года назад
Bernie should have just faked a lehman brothers investment that went to zero during the financial crisis and could have gotten out of his ponzi scheme. Just as he faked the stock trading statements that he sent his investors in the mail he could have faked those the other way around.
@daf62757
@daf62757 2 года назад
@@12345fowler I think there have been several reports about people saying they deserve the extra they received back. I am sure most of this group understood but there are some who think they are entitled to the extra amount they received.
@dodgeball693
@dodgeball693 5 лет назад
It's hard to feel too sorry for some of his investors. They were already very rich people looking to make some easy money off their wealth.
@veronicamitchell9378
@veronicamitchell9378 3 года назад
I understand your point
@abolisher
@abolisher 2 года назад
Not all rich people had their wealth passed down
@Bee-tb5dr
@Bee-tb5dr 5 лет назад
But there still men like him walking free & enjoying life.. Not yet discovered
@debbarker8152
@debbarker8152 5 лет назад
bees Chile one now sits in the WH.
@jasonprice4707
@jasonprice4707 5 лет назад
Yup... They're called Politicians...lol
@breeze5210
@breeze5210 3 года назад
Gotta love Bernie's audacity, scheming the filthy rich greedy mofos 👌
@Lucian-mg9mw
@Lucian-mg9mw 6 дней назад
150 years!! Gosh darn!!
@mindakahn9964
@mindakahn9964 5 лет назад
Irene Kent is a hero.
@claymac7895
@claymac7895 2 года назад
Why does he keep saying Madoff was registered, he was NOT a registered financial manager.
@jackiepowell7513
@jackiepowell7513 Год назад
Federal prison is fluff compared to criminal/mainstream crimes prisons.
@bslinvestor4686
@bslinvestor4686 5 лет назад
Fascinating story!
@crazytom
@crazytom 3 года назад
WHAT ABOUT THE "VICTIMS'" GREED?? WERE THEY NOT BLINDED BY AVARICE?
@siobhanc777
@siobhanc777 3 года назад
hopefully, they learned that you can only trust Jesus and not the things of this world! trust the devil, get burned! trust in Jesus, u get what u earn! sorry but anything u get for free in this world isn't free, its all backed by the enemy and their greed is just as tangible as the investors who stole their money! sorry not sorry!
@SandyRiverBlue
@SandyRiverBlue 27 дней назад
I'm surprised that none of these documentaries ever mention the coconspirator cases or the clawback lawsuits against folk who already received their returns some of whom had returns of up 300% and should have or could have known that there was a scam going on.
@Known-unknowns
@Known-unknowns 3 года назад
He’s living ‘a stress free life’. No he isn’t. His son committed suicide the other son died of cancer and he’s wife has disowned him. That’s ‘stress free’ ? Don’t think so.
@markr8077
@markr8077 5 лет назад
When someone says to you " 300℅ return in investment " ponzi scheme. It is not like it was a new concept.
@maybrad5260
@maybrad5260 5 лет назад
True. People's greediness made them loose their money
@Matt-cr4vv
@Matt-cr4vv 3 года назад
That isn't what occurred with Madoff. He returned a consistent 12-13% year after year. During a lot of Madoff's years the S&P 500 returned 20%+. What made Madoff different was exorbitant returns but rather that he didn't have down years. You just consistently made a solid return.
@NMS350
@NMS350 3 года назад
Have you guys done anything on Lou Perlman?
@roertv4618
@roertv4618 5 лет назад
Everyone who invested wanted more. Call it what you will .
@siobhanc777
@siobhanc777 3 года назад
greed! invest in the things of heaven, not of this world. that's what the bible says...if u choose to invest in the things of earth, then get what it spits back out at u, which isn't a healthy check!
@GeorgetteBu
@GeorgetteBu 3 года назад
Never invest with someone who can't tell you what they are investing in no matter WHAT their Title and Status is. Simple, what are "we" investing in. Then you decide from there.
@siobhanc777
@siobhanc777 3 года назад
only Jesus can offer that and its free!! we should be investing in the treasures of heaven! not the evil and wicked things of this world! thats the lesson i hope people take...
@CMRinehart
@CMRinehart 5 лет назад
Invest your money into businesses, not risky, feather brain, shysters.
@RawDogTV
@RawDogTV 5 лет назад
business aren't guaranteed
@user-hg2ih8hf7x
@user-hg2ih8hf7x 3 месяца назад
Remember, if it sounds too good to be true, it probably is!
@MosheXX
@MosheXX 4 года назад
I’m not going to victim blame but did anyone take their “profits” annually ? It seems that would’ve been the only way to get out unscathed.
@allenuconn
@allenuconn 2 года назад
"profits" were subject to claw backs since $0 was actually invested or traded.
@MosheXX
@MosheXX 2 года назад
A Patriot they still would have the “profits” to be seized rather than loosing the initial investment. Also you still gotta come get it from me.
@allenuconn
@allenuconn 2 года назад
@@MosheXX the IRS easily recovers clawbacks. They seize your bank accounts and/or put you in prison until the funds are returned. You have to remember that most of Madoffs victims were very wealthy. One of them paid back $7 BILLION in profits received. About 70% of monies have been recovered. Madoff spend a ton of money on his lifestyle. All his assets were seized too.
@MosheXX
@MosheXX 2 года назад
A Patriot “about 70%” is a arbitrary number and it sure isn’t 100% like I said you gotta come and get it. Wealthy people hide assets.
@allenuconn
@allenuconn 2 года назад
@@MosheXX The recovery of 70% is a figure confirmed by Irving Picard. They already know exactly how much money people invested and because it is a ponzi scheme nobody is allowed to take out more money than they put in. Picard leveled out the total recovered assets such that all investors were about to be re-set to 70% of what they put in. The rest of the money was spent by Madoff and also used to pay salaries to people who worked at his firm for 30 years.
@garylawrence7547
@garylawrence7547 13 дней назад
I believe you should stop referring to the victims as investors! They were all simply “contributors” to the Madoff fortunes. All of the oversight agencies doubled down and defined their role in the very narrowest terms in order to cut their losses.
@williamglinka3805
@williamglinka3805 2 года назад
Very good programs
@vanjim1921
@vanjim1921 5 лет назад
Complicate it to give the money back? Thats another scam!
@robertw9677
@robertw9677 5 лет назад
You interviewed no one and didn’t go behind bars entity intro is wrong
@revolutionalist
@revolutionalist 5 лет назад
The investors wasn’t even trying to be greedy, they just wants stable guarantee returns. It’s a bit like phoney government bonds where there is a risk of default and government spending bond buyers money to buy support. South America brings to mind
@HagakureJunkie
@HagakureJunkie 3 года назад
Man what the hell was that nonsense? There’s no such thing as “guaranteed returns”, the market is extremely efficient and risk/reward is equal at all stages. And are you referring to Chavez and Venenzuela? Neither of those have anything to do with the US Bond Market which is one of the most stable funds you can invest in.
@pauldaidone2429
@pauldaidone2429 4 года назад
I’d say multiple mansions and a yacht would qualify as “ living very well “ but that’s just me 🙄
@seanwebb605
@seanwebb605 4 года назад
He's saying that you couldn't recover the investor's money from Madoff's personal hard assets, because there simply weren't enough.
@tyreekmurillo4524
@tyreekmurillo4524 4 года назад
bernie madoff with their money
@annbesthangingout2010
@annbesthangingout2010 4 года назад
Tyreek Murillo EXACTLY!!!!! THAT'S SOOOOOOOO SAD THOUGH!!!!!!! ITS COST HIM, HIS FREEDOM, HIS SON'S LIFE, HIS GRANDCHILDREN, WIFE, BROTHER, RESPECT, PEACE OF MIND, ALL FOR THE LOVE OF "MONEY"
@hamidadams8309
@hamidadams8309 5 лет назад
Bernis money went to israel.. Maddox uk same.. Same all over d world..
@johngormley2192
@johngormley2192 5 лет назад
How long did he get away with it? How many times was he audited? Bet the auditors are still employed with big pensions.
@ryanm1630
@ryanm1630 5 лет назад
John Gormley no the company that audited him went bankrupt. I think a few of them went to jail too.
@annawarner8374
@annawarner8374 5 лет назад
Was Harry Markopolis recognized for his courage, honesty and competence? Were SEC guys punished for taking taxpayer money and sleeping n the job?
@ryanm1630
@ryanm1630 5 лет назад
Anna Warner yes Harry has been he’s been in multiple documentaries and been on the news a lot for what he discovered. The thing about the SEC was that before 2008 the SEC was super underfunded and understaffed so they assumed a ex NASDAQ chair man wasn’t committing mass fraud. While it was poor judgment and poor investigation work it wasn’t that they were lazy and did nothing all day.
@annawarner8374
@annawarner8374 5 лет назад
@@ryanm1630 I hope that are not being paid salaries when government is shut down
@ryanm1630
@ryanm1630 5 лет назад
Anna Warner lol ok? Everyone gets paid during a shutdown. Just shows ur ignorance. They may not get paid rn but they get an extra check later on.
@erichaynes7502
@erichaynes7502 5 лет назад
The Madoff Ponzi turned out to be approx 17 Billion, not the 64 Billion these clowns claim. Not all investors wanted their money back(because they, themselves, were involved in criminal activity). The 7.2 Billion the govt. got back from Picower's estate was approx half the whole Ponzi tally. Also, investors who lost money to Madoff were allowed to claim almost all their losses on their taxes. In short, this was a rare Ponzi where people got most of their money back.
@otto1630
@otto1630 5 лет назад
yes you are correct
@patdaddya5109
@patdaddya5109 5 лет назад
Eric Haynes not all
@turyhumphrey7767
@turyhumphrey7767 4 года назад
Eric haybes its clear that you lack facts and are misinformed. There's proof of people being conned of over 50 billion dollars. Just because they recovered 17 billion dollars doesn't mean that that's all that was taken. Most of the money was spent. Only a fool would believe that mardoff stole that money alone of course he had people with power helping him. mardoff had alot of associates and people with whom he shared this money with.
@12345fowler
@12345fowler 3 года назад
@@turyhumphrey7767 The guy has no clue.Yeah right you make a 100$ loss due to a thief then you claim it back to the I.R.S. (and maybe the I.R.S. writes you a nice cheque for a 100$ or deduct a 100$ from your next taxt return ?) and so it is not a Ponzi scheme. Not how the tax work unless they tax you at 100% lol and it doesn't hinder in any way that you were stolen a hundred to begin with.
@SprezzaturaLifestyle
@SprezzaturaLifestyle 2 года назад
the 17 billion were the principal and the 64 the copunded interest added.
@TheMrbc74
@TheMrbc74 Год назад
Barely did 10 years in prison before cancer got him. Had 40 years living a nice life on stolen money. Seems to me madoff’s story is the scammers dream
@TabsT-vy5jy
@TabsT-vy5jy 5 лет назад
They all played the game together. SEC, politicians, hollywood rich people, FBI, journalists. They all knew and did nothing and were even notified by whistleblowers.
@WinSDFina
@WinSDFina 5 лет назад
Yep and then scapegoat goes to jail
@timscarbrough8931
@timscarbrough8931 2 года назад
I Just changed my mind.. these were all greedy people to begin with..Bernie Is a Hero..
@lindabederio1201
@lindabederio1201 Год назад
The one thing that I did not know, is that Educated people did not know where their money was going to. So good at illusion was Bernie Madoff that he could hide that peoples money was going to him, rather than to an investment vehicle. I think if some individuals knew that their money was going directly to him, they would not have invested.
@edwardbutler9510
@edwardbutler9510 4 года назад
How do I receive the money that I was scammed out of by Madoff?it has been 10 years I’m not familiar with the technology of today can you help me to recover my investment
@meddem1744
@meddem1744 3 года назад
How much?
@siobhanc777
@siobhanc777 3 года назад
first, u need records...if u dont have any, ur a big fat liar. u dont need technology of today to recover something stolen, and if u were a client of his, u would KNOW what to do...u sound like a scammer...when this was put out in 2020, he was already in jail for 12 years at that time...he was arrested in 2008, so u didn't invest anything 10 years ago lmao ur such a scammer!!
@bwinston3270
@bwinston3270 2 года назад
How do you spend billions? Makes no sense.
@Foxie635
@Foxie635 5 лет назад
We all put our lives in one basket daily, it’s called a mortgage, wife, kids. Your whole life in one basket. True
@mk202
@mk202 5 лет назад
Luv1234 Not all of us. 🙂
@DIVISIONINCISION
@DIVISIONINCISION 4 года назад
No wife, No Kids! My money is secure.
@inthewoodshed9611
@inthewoodshed9611 2 месяца назад
Trump is the personification of greed much more than madoff
@gkiltz0
@gkiltz0 3 года назад
They have no use for him? That, to a narcissist is worse than death Madoff is a narcissist
@marapeters9144
@marapeters9144 Год назад
Greed is the root of all evil as is money
@3of11
@3of11 5 лет назад
Clawback? So if you withdraw money and they come back later and tell you to give some of it back. Lol good luck with that
@runechuckie
@runechuckie 4 года назад
You're kind of on the right track. It's similar to how taxes work, say you invested 100k with Madoff, they are fine with getting you your 100k principal investment amount back but if you say took out your "interest earning" (fake not real money earned on that 100k) you technically took out more than you put up in the first place. The reason you are subject to getting it clawed back is because it wasn't really earned, a real interest built on that 100k and it was someone else's money. Obviously this gets complicated but essentially they are trying to get people their original invested amount back which is fair, because you don't lose. The ones who made millions off their original investment with him technically received fraudulent "earnings" and are subject to getting it clawed back especially if they "made" and took out more than their original 100k. Hope I explained this well for future readers. I do agree tho, good luck prying fraudulently earned money back from rich people 😂.
@timscarbrough8931
@timscarbrough8931 2 года назад
Holy Crap.. I figured it out..These people wanted something for nothing...AMEN
@masterallpuppets2029
@masterallpuppets2029 3 года назад
I also put 50cent front before my pension...pheww lucky me..
@fredk9999
@fredk9999 Месяц назад
Sadly, on a personal level, only disaster to each and every family member. Of course, like mega churches, where does all the money go?
@GeneralHensaleey
@GeneralHensaleey 4 года назад
Hunting Bernie's Billions
@saywhat7150
@saywhat7150 4 года назад
How fitting he is named after "Burn Me Made Off".
@HagakureJunkie
@HagakureJunkie 3 года назад
That’s literally not his name at all. 🤦🏼
@Iloveyoursmile
@Iloveyoursmile 3 года назад
NBS special corespondent: I, I, they, they, you know...
@siobhanc777
@siobhanc777 3 года назад
NBS? NBC?? My God...
@omarba9774
@omarba9774 Год назад
Kevin Bacon is the GOAT
@bryanlineberry5502
@bryanlineberry5502 4 года назад
Most had more money than they could have spent, they got greedy and got burned.
@markherron9512
@markherron9512 5 лет назад
This is as it always was from 1776 .....call it what you will American Greed ....
@morehyeshiahhistorylessons94
@morehyeshiahhistorylessons94 5 лет назад
madoff played his white people madoff played his jewish people
@zachtrapper2398
@zachtrapper2398 5 лет назад
Retired stock broker trusts someone else to invest their money?
@g13flat
@g13flat 5 лет назад
Agreed. Sounds like she bought into the Madoff Club idea. Exclusive membership and bragging rights.
@TheMaggieDress1
@TheMaggieDress1 2 года назад
ONe of the Greatest Lies next to organized religion
@electronomic2745
@electronomic2745 5 лет назад
Question: did people LOSE their money, or fail to make the kind of return that was expected? If anyone can comment?...Thanks.
@KaiatheSiberianHusky
@KaiatheSiberianHusky 5 лет назад
failed to make the kind of return that was expected.
@patdaddya5109
@patdaddya5109 5 лет назад
I’m pretty sure they lost money as well!
@patdaddya5109
@patdaddya5109 5 лет назад
And obviously didn’t get the expected returns. In laments terms. You invest 1million USD. Based on your supposed return on investment you put that back in for 20 years. Never actually taking any money out. But, rightfully assuming you already banked the return each year when you reinvest. At the same time being generous with your other funds because you are (assuming you are) financially secure already based upon reported returns. When the bubble popped. You realize you have nothing at all. Even if you’re lucky enough to receive 0.75 on each dollar invested.... the way it shook out the additional funds you invested after the first million never really existed. So in this scenario you have lost $250,000.00 USD right off the bat. From your original investment. Add another 12% (according to this report) per year for 20 years that you as the investor think you’ve already banked.(But reinvested, why wouldn’t you) Then to add the hurt on top of that.... how much was the original 1 million dollars worth 20 years ago compared to 20 years later? That is a whole lot of money lost! No?
@patdaddya5109
@patdaddya5109 5 лет назад
@Death Shock
@patdaddya5109
@patdaddya5109 5 лет назад
@Electronomic
@masterallpuppets2029
@masterallpuppets2029 3 года назад
After a few more years in "HotelCalifornia", hes FREE , but the victims.....ssssoooobbbb
@thewkovacs316
@thewkovacs316 2 года назад
hes dead
@fanny3942
@fanny3942 3 года назад
Got to be careful with those charities then 😧😳. I did not know much about this..."RATERO"(STEALER). Poor people who lost their money, their savings, their assets...GRRGRGRGRRR!!!😠😠😠
@nanfeliciano5465
@nanfeliciano5465 Год назад
Relaxing 🥴😡 yikes he doesn't deserve anything
@weebgrinder-AIArtistPro
@weebgrinder-AIArtistPro 3 года назад
Chuck sounds a little like Butthead
@heidim6468
@heidim6468 5 лет назад
I don't even get why people invest in the stock market. We don't even make products here any more. China has the market on that one. Not much to invest in here.
@GlowingMpd
@GlowingMpd 5 лет назад
This is just rehashed old news. Nothing new. It’s all been said in much more interesting ways👎👎
@magillagorillasecuritypatr2591
Bernie Madoff is one of the greatest American heroes of our time
@davidwhite7767
@davidwhite7767 3 года назад
so. the taxpayer should pay. don't see why not. the public purse is bottomless.
@RebuttalRecords
@RebuttalRecords 3 года назад
The wisest investment is real estate; they're not making any more of it and it keeps climbing in value. Tell me I'm wrong.
@12345fowler
@12345fowler 3 года назад
Real estate like the housing market mega crash of 2018 you mean ?
@kstutz81
@kstutz81 3 года назад
So I tell asleep just looking at the guy on the right 🥱 😴 💤
@stevenrains8490
@stevenrains8490 4 года назад
Third- rate reporting... I watched ( skimmed) all three episodes, with NO interveiw !!!! Give Me A Break.....
@luciaconk
@luciaconk 5 лет назад
Episode 1 was beyond boring
@stevengraham3138
@stevengraham3138 3 года назад
Why did he not conservatively invest the 7 billion he would have been fine but again he played to peoples greed ;)
@riodeleon3662
@riodeleon3662 5 лет назад
First!
@abdel57quaddi80
@abdel57quaddi80 3 года назад
club of greed
@green2stayecoswdmarketingn339
@green2stayecoswdmarketingn339 5 лет назад
Poor people had to shuttle others to the airport?, U.S.A you still don't get it!
@jasonprice4707
@jasonprice4707 5 лет назад
1st world problems...lol
@veronicamitchell9378
@veronicamitchell9378 3 года назад
Valid point. Some in the US understand, check your bias
@Poseidon99Jeus
@Poseidon99Jeus 5 лет назад
Bernie is Jewish, so leave him alone
@jasonprice4707
@jasonprice4707 5 лет назад
Lol
@Poseidon99Jeus
@Poseidon99Jeus 5 лет назад
@@jasonprice4707 why are you laughing, Nazi? His parents were the survivors of Auschwitz.
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