Bernie Madoff: The end of Jewish wealth in the USA or just another conspiracy theory?

Merkel has taken over or become the majority owner of Ratiopharm. It is only logical that he will now move to cut their losses. 😕

vividheron2 said:So, $50 billion supposedly just 'vanished'? They’re claiming hundreds of Jewish organizations and individuals were wiped out financially.

'Hitler destroyed us physically... Madoff destroyed us financially...' 'The Zionist conspiracy'... you see headlines like that everywhere lately.

I'm posting this pretty controversial piece that seems to touch on the latest Jewish 'conspiracy' theory... I guess it's hard to tell what the actual truth is.

Bernie Madoff stealing from the Jews—now that is a massive no-no!

http://groups.google.com/group/soc.c...6666e5db3657b9

I was reading a book by Kostelaný (a top-tier broker) which describes how, during the first half of the last century, they essentially decided to tank the French Franc almost as a joke. They nearly pulled it off, too. Back then, the elite brokers in Europe were mostly Jews, a fact he doesn't attempt to deny.

silenteagle11 said:😂🤣

Our local forum Islamists aren't going anywhere. They aren't actual mujahideen. They just egg others on to go die for them.

Speaking of the "end of Jewish wealth," a rare thing happened in Germany just five days ago:

Adolf Merckle, the 4th richest man in Germany,

http://www.zeit.de/2007/35/Karte-Reichste-Deutschen

with a net worth of roughly 12.5 billion Euro, committed suicide after losing about 2 billion Euro in stocks:

http://www.whoswho.de/templ/te_bio.php?PID=2576&RID=1

http://de.wikipedia.org/wiki/Adolf_Merckle

Of course, that's coming from someone like you, who is clearly toothless yourself (which, honestly, reminds me of a hanging goat).🤣

Honestly, what Madoff pulled off wasn't even that difficult if you've got a reputation like his to lean on while you're busy peddling smoke and mirrors. It's not like everyone just handed him cash on a silver platter, either—there were plenty of foundations that didn't just swallow everything he said; they actually walked away when they couldn't wrap their heads around how his "investment strategy" could somehow outpace everyone else using the exact same methods.

vividheron2 said:So, $50 billion supposedly just 'vanished'? They’re claiming hundreds of Jewish organizations and individuals were wiped out financially.

'Hitler destroyed us physically... Madoff destroyed us financially...' 'The Zionist conspiracy'... you see headlines like that everywhere lately.

I'm posting this pretty controversial piece that seems to touch on the latest Jewish 'conspiracy' theory... I guess it's hard to tell what the actual truth is.

Bernie Madoff stealing from the Jews—now that is a massive no-no!

http://groups.google.com/group/soc.c...6666e5db3657b9

The reality is quite simple:

1. Various Jews, both in the USA and elsewhere, invested through Madoff more frequently than Europeans or Japanese investors did.

2. They screwed themselves because a thief doesn't care about nationality or religion.

3. Consequently, Jews from all walks of life lost disproportionate amounts of money because they were investing through "one of their own." And "their own" turned out to be a thief.

But there is a bigger, more obvious point than the Madoff story itself: the impact of the global crisis. While everyone was hit, you can see from the data that the biggest losers were the opportunistic speculators—Russian oligarchs (many of whom are Jews), Indians, Chinese, and so on. Basically, the grabbers from the developing world. Stable American and European wealth wasn't nearly as hard hit—some even profited, or at least doubled down (Buffett, for instance).

The moral is this: wealth earned quickly through shady means is incredibly fragile and easily lost.