Thursday, 2 April 2009
In mid 2007 the earth was the brightest planet in the universe with stock markets and property prices peaking high as Mount Everest. Logic made so much sense, house prices only went one direction, more was more and less was less. Under the soil of the beautiful grass was a very seed called greed. Bernand Madoff was an early spring bloomer in February where his rotten roots were exposed. The short trial and favourable ruling of his judge served justice right, but a big hole of emptiness was left in the hearts of his victims who are helplessly asking questions about where their invested money went. Capitalism can be a dangerous game, and if engaged in one has to play by the rule “play at your own risk”. Therefore the US government has no obligation in reimbursing any of the $65 billion Madoff mysteriously disposed off.