2008-12-12 — forbes.com
The possibility of returning redemptions isn't the only bad news for Madoff investors. Those who paid income taxes on phantom earnings they were led to believe they received from their investment at Madoff's advisory firm might not get back what they paid if too much time has passed.
Boy, its starting to really suck to have been a "high net worth" investor who failed to do your due diligence on hedge funds.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.