As more becomes known about the $50 billion Ponzi scheme, the more obvious it is that the investors were part of what made it work. Without their eager and willing cooperation it would have failed a long, long time ago.

Eight years ago the SEC was warned. The accounting for such a large fund was fishy. Due diligence would have revealed structural flaws.

The investors had a very high return. That is usually associated with high risk. They took their returns gladly. I'm hoping they will accept their losses in the spirit of capitalism

AND NOT TRY TO STICK THE AMERICAN TAXPAYER WITH THEIR LOSSES!

We'll see. I'll bet someone tries it.

Arf