The bogus speculations of Bernard L. Madoff
have ripped off tens of billions from the high
and the low
and has even impacted the stock market
. Naturally someone is calling for a bailout. At least that's what it sounds like a hedge fund group called the Alternative Investment Management Association
is suggesting; Reuters says the Association "called on Monday for restitution for investors" who were burned by Madoff. Their follow-up sounds like bailout talk, too: "Clearly, lessons must be learned, restitution must be secured for investors, and processes/safeguards must be improved to prevent such a situation recurring." Hold on to your wallets, folks -- this one-man scam may be too big to fail!