Please note the date of this article by Michael Ocrant (May 2001) Just loooove Bernie's quotes! Brackets are mine.
MAR/Hedge (RIP): Madoff tops charts; skeptics asks how
By Michael Ocrant
No. 89 May 2001
Madoff, who believes that he deserves “some credibility as a trader for 40 years,” says: “The strategy is the strategy [fraud] and the returns are the returns [100% of nothing is nothing?].” He suggests that those who believe there is something more to it and are seeking an answer beyond that are wasting their time.
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