All my life, I have been taught that if it’s too good to be true, then it probably is. Imagine my surprise after reading the Feb. 22 article Madoff fraud victims get extension, that this does not appear to be the case.
It seems that 9,000 people who invested with Bernard Madoff, with the expectation of huge profits, and then lost their money to this Ponzi schemer, now have the ability to seek restitution from the U.S. government by way of a $4.05-billion fund set up for this purpose. That’s $4.05 billion of Americans’ hard-earned tax dollars. My tax dollars!
The moral of the story seems to be: Invest! It’s good for you and it’s good for the country — and if you lose, the government will bail you out. How do I sign up?
Edward Simpson, Miami Springs