the start of a great pissing contest that no one will "win"? The to and fore and back and forth of the issues related to the mismanagement of these companies and their business is becoming rather staggering to say the least. Keep watching. Keep reading. Keep listening. Keep learning. Madoff victims are potentially in the position to receive tax benefits from the money the didn't didn't actually make but paid tax on. Like the byline says, lawyers will be the real winners. Buy buy buy a long legal ETF. This is going to be most interesting. Many thanks to FT Alphaville.9:06 AM AIG (AIG) sues its majority owner - the government - for $306M in tax payments. Guess who's paying for the lawyers? 2 Comments
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