Madoff was very honorable with other people's money - never missed a single interest payment or redemption - until he got caught.
Madoff donated generously to charities as well.
So easy to be charitable with other people's monies.
http://www.boston.com/bostonglobe/ed...ted_donations/
And BTW, Hubbard was running the trusts, not some employees.
"The Companies Office found that NZ$98 million in funds lent to Aorangi by 407 Otago and Canterbury investors had been lent on either directly or indirectly to trusts and interests associated with the Hubbards, contrary to instructions that they be lent as first mortgages secured by property."
More facts and infor to come out yet.
Colin Meads : "Solid As".