Quote:
Originally Posted by holtjv
It will be interesting to see how much press this gets. It absolutely dwarfs other ponzi-ish schemes out there and there are so many dynamics working: street relationships, the sons, the front running (which I don't think happened, btw), etc.
Judging by the press, I think this story will die.
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I suspect that public outrage surrounding this may be somewhat muted, given the fact that the VAST majority of the losers here were "big players", as opposed to joe sixpack's 401k...
Regardless, these are some HUGE numbers we are talking about here.
As an aside, I highly doubt his sons weren't complicit in this whole thing.