Thursday, July 16, 2009

Now that is a great boss

Finally a good story from this whole Madoff mess. Robert Lappin has made his employees whole. The 401k his company's employees invested in was managed by Madoff. Despite losing some of his personal fortune investing with Madoff, Lappin has taken it upon himself to restore approximately 5 million dollars that was lost by the 60 employees of his two companies because of the fraudulent money manager. Now that is a manager who is a stand-up guy.

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