Investors speculate on claims against Bernie Madoff’s co-conspirators
The Cheater Says: So, let me get this straight: Financial institutions are placing bets on the outcome of legal claims… against financial institutions who placed bets with a man who convinced them he was legally placing bets… in a fund that was basically a series of bets spread across financial institutions… who had placed bets… on the old lady who swallowed a spider to catch the fly?
In any event, sounds like a sure fire way to part some money from some fools then get a sweet severance and a bailout when it all comes crashing down. Kudo$!
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