I have been “mistaken,” “misled,” “misrepresented,” and been “unaccountably in error,”
and am sorry if you have been offended
Sunday, December 21, 2008
They Say Every Shark Has Its Suckerfish
Or they should. Anyhow, at least Madoff worked his ass off doing his grift. But this Jacob Merkin? Basically, he passed his clients’ money along to Madoff and skimmed off 1.5% for doing nothing. In fact, he does not appear to be the only one doing so. Amazing how easily trust can be exploited.