Friday, March 19, 2010

Lawsuit MadoffwithmyMoney Family!

Their is a new lawsuit against the Madoff family members that were involved with the massive ponzi scheme that was the finical ruin of many investors who were seeking high returns and not doing their homework and checking out the investments. Normally a lawsuit against the government would be a waste of time do to laws that prevent the government from being sued but the lawyers that are bring the case seem to think that they have the legal grounds to make the SEC liable, which if they succeed would be a very interesting precedent.

The lawsuit seeks roughly 200 million dollars from the family members of Madeoffwithmymoney fame. they specifically are seeking 198,743,299 now if it was me I would have really tried hard to get that amount over 200 million instead of just 198,743,299 because 200 mil is a much bigger number, Lucky for Bernie's family that it was 1,256,701 otherwise this could have been a really serious case!

I really hope we get to see all of them in jail.

You know what is really funny is that the pictures that they use of Bernie make look like George Washington Makes cents when you are talking big money!

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