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Cosmo bail hearing attended by investors

Full story: Newsday

At the end of Nicholas Cosmo's bail hearing Thursday, violinist Jorge Mendoza and his daughter Norma stood outside the courtroom, delighted that the accused Ponzi swindler would remain in jail, but stunned that ...

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Big Investor

Mastic Beach, NY

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Judge it!
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#1
Jan 29, 2009
 

Judged:

1

Anyone want to invest in a bridge that allows both vehicle and pedistrian access to both Brooklyn and Manhatten Island 24 hrs a day! To take advantage of this exciting offer leave a check made out to cash on the corner of 5th Ave and 42nd St near the pay phones. You can trust me I'm wearing a suite while typing this from my Garden City Corporate Branch Office!
bush cheney r criminals

Oyster Bay, NY

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#2
Jan 29, 2009
 

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3

2

cosmo, madoff, bush, cheney they will all rot in hell for all eternity
Trust

Levittown, NY

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#3
Jan 29, 2009
 

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1

This pretty much sums it up for the investors.

http://www.youtube.com/watch...
Hmmm

Jericho, NY

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#4
Jan 29, 2009
 
Trust wrote:
This pretty much sums it up for the investors.
http://www.youtube.com/watch...
That was awesome!!
Well said.
Waldo Leidecker

Trinity, NC

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#5
Jan 30, 2009
 

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This guy wanted bail and they still can't account for about $250 million? What a sense of humor! After a financial full body cavity search let him retire permanently to Upstate New York and a little place call Sing Sing.
Pearls before Swine

West Babylon, NY

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#6
Jan 30, 2009
 
The investors are attending the bail hearings so they can arrange his torture and murder if he actually gets out on bail. They might start with his fingers.

Better for him to take it in a55 then be out on bail.
S Carton

West Babylon, NY

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#7
Jan 30, 2009
 
Lets get the story straight, OK? These people were getting 61/2% quarterly, on paper. If they claim they lost $100,000, how much did they actually invest? I'd guess about $ 60,000. At that interest rate your paper balance doubles in less than 4 years.
paul

Centereach, NY

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#8
Jan 30, 2009
 
Cosmo would be wise to beg, borrow, or steal a really effective bullet proof suit.!! The same for Madoff!!
citizen

Lebanon, NH

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#9
Jan 30, 2009
 
Unfortunately, many of these investors will probably retire into rubber bungalow.
Bill

New York, NY

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#10
Jan 30, 2009
 
How could these investors think for ONE second that those kinds of returns were LEGAL or possible in any way? Were they using MAGIC dollars? Do the laws of physics and finance work differently in their investment banks than anywhere else in the entire grit eating world? Fact is greed got in the way of EVERYONE involved, investors included. So for those trying to collect those returns, their greed earned them the kinds of investigations they deserve, and they will have to return any funds they took out as a result. Hard to feel sorry for anyone in schemes like this. Word of mouth investing schemes? Common sense people, common sense.
parkland fla

AOL

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#11
Jan 30, 2009
 
greedy tough sh t
what the

Hicksville, NY

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#12
Jan 30, 2009
 
Don't come crying for a bailout of your actual or perseved losses. You GAMBLED with A holes with suspect records and documents and wonder why the "investments" turned to sheit?
josh

Nesconset, NY

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#13
Jan 30, 2009
 
you should of invested the money in a hair piece instead of a scam you loser
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