So, what do you think? Did the names and addresses of each Madoff investor have to be disclosed? What purpose did it serve? Some of these people have sinced suffered humiliation on top of the loss.
Are these people now going to be targets of other financial scams, contacts from other financial advisors or worse? Would you like to have you name and address out there for the world to see as someone who potentially had a lot to invest?
I think there was a better way to deal with this. The list could have been filed under seal with access subject to bankruptcy court approval. This may have been a better first step.
What do you say?
Cheers, Mike
Posts
No comments:
Post a Comment