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International Law
: Misleading Advertising LawUnreal Returns and Risk
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From Madoff's Investment Securities website:
"Bernard L. Madoff Investment Securities LLC is a leading international market maker.
The firm has been providing quality executions for broker-dealers, banks, and financial institutions since its inception in 1960.
During this time, Madoff has compiled an uninterrupted record of growth, which has enabled us to continually build our financial resources.
With more than $700 million in firm capital, Madoff currently ranks among the top 1% of US Securities firms.
Our sophisticated proprietary automation and unparalleled client service delivers an enhanced execution that is virtually unmatched in our industry."
Here is Madoff's alleged unmatched returns.
Ok, when an investor saw this picture did they confuse "no risk" with "no volatility"? Anyone?
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Full post as published by Misleading Advertising Law on December 15, 2008 (boomark / email).
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