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Author: Subject: Bye Bye Bernie!

Ultimate Peach





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  posted on 3/12/2009 at 10:39 AM
http://www.nytimes.com/2009/03/13/business/13madoff.html?_r=1&hp

 

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Ultimate Peach



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  posted on 3/12/2009 at 10:47 AM

 

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Universal Peach



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  posted on 3/12/2009 at 10:47 AM

 

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Zen Peach



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  posted on 3/12/2009 at 10:49 AM
quote:
I'd celebrate, but the money is still gone, and there's a few dozen similar indictments coming down the pipeline in New York alone.

Plus his kids and his wife are getting off unscathed...


Aren't they still being investigated?

 

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Universal Peach



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  posted on 3/12/2009 at 10:51 AM
Nothing to celebrate, the man should be shot! Hope he does Hard Time in a federal prison like every other common thief who got caught

 

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Ultimate Peach



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  posted on 3/12/2009 at 10:52 AM
Yeah, Terri.. the guilty plea is to try and keep the investigation from going forward full bore, avoiding a trial will increase the likelihood that it all kind of fizzles out... Notice in that NY Times article that he made a point of saying thatb his other businesses were legit.

 

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  posted on 3/12/2009 at 11:04 AM
quote:
Yeah, Terri.. the guilty plea is to try and keep the investigation from going forward full bore, avoiding a trial will increase the likelihood that it all kind of fizzles out... Notice in that NY Times article that he made a point of saying thatb his other businesses were legit.
Legit? BS! Any monies here should be passed on to those he's robbed. As far as his family, the wife should definitely be investigated, too, since as soon as Bernie was caught she was scrambling to move dollars out of his name and hide elsewhere. I'm sure they are sitting on some very expensive property which could be sold to compensate the victims here who are not Bernie and family who have all been living high on the hog but the many whose lives savings were robbed from them. People like this disgust me.

 

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Ultimate Peach



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  posted on 3/12/2009 at 11:09 AM
quote:
quote:
Yeah, Terri.. the guilty plea is to try and keep the investigation from going forward full bore, avoiding a trial will increase the likelihood that it all kind of fizzles out... Notice in that NY Times article that he made a point of saying thatb his other businesses were legit.
Legit? BS! Any monies here should be passed on to those he's robbed. As far as his family, the wife should definitely be investigated, too, since as soon as Bernie was caught she was scrambling to move dollars out of his name and hide elsewhere. I'm sure they are sitting on some very expensive property which could be sold to compensate the victims here who are not Bernie and family who have all been living high on the hog but the many whose lives savings were robbed from them. People like this disgust me.


Hey Deb! I wasn't saying I thought his biz was legit, lol!!! Believe me, I'd like to see him strung up in the public square, and as much investigating as it takes to restore some money to those he fleeced and screwed.

 

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  posted on 3/12/2009 at 11:24 AM
Pete! I definitely know you are not condoning Bernie's behaviour (you would be LAST person I could see doing that, my friend ) The BS was in response to his claims made re: legitimacy in any of his ventures. He must be one of those guys who has just the one rip-off enterprise with which he'll ruin lives and for which he'll go to jail but everything else he touches is golden and proper. Uh huh. Those 'legit' business are probably one of the places the wife was diverting funds to...

 

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  posted on 3/12/2009 at 12:01 PM
quote:
Pete! I definitely know you are not condoning Bernie's behaviour (you would be LAST person I could see doing that, my friend ) The BS was in response to his claims made re: legitimacy in any of his ventures. He must be one of those guys who has just the one rip-off enterprise with which he'll ruin lives and for which he'll go to jail but everything else he touches is golden and proper. Uh huh. Those 'legit' business are probably one of the places the wife was diverting funds to...


I heard on the radio that she was a "bookkeeper" for one or all of the businesses. From my seat, that has an odor of culpability.

 

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Ultimate Peach



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  posted on 3/12/2009 at 12:12 PM
quote:
quote:
Pete! I definitely know you are not condoning Bernie's behaviour (you would be LAST person I could see doing that, my friend ) The BS was in response to his claims made re: legitimacy in any of his ventures. He must be one of those guys who has just the one rip-off enterprise with which he'll ruin lives and for which he'll go to jail but everything else he touches is golden and proper. Uh huh. Those 'legit' business are probably one of the places the wife was diverting funds to...


I heard on the radio that she was a "bookkeeper" for one or all of the businesses. From my seat, that has an odor of culpability.


The operative word being ODOR, lol...

The concern among his victims has to be that the guilty plea -- and hence no trial -- will sort of griond the momentum of the investigations to a halt. We have to hope that doesn't happen.

In the mean time, my preference for a venue for Bernie to serve his sentence would be in the Alabama refurbishing our roads and highways. Also: charging adnission to see him at work, and an extra fee if you want to spit on him, might be a worthwhile and effective way to raise some money for his victims. I'd pay to see him sweating it out on the chain gang.

 

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  posted on 3/13/2009 at 11:43 AM
Now that he's been sentenced, I hope this story finally fades away. Replaced by a media coverage campaign on another outrageous Ponzi Scheme -- Social Security. If an individual can't run one, why is the government allowed to?

 

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Ultimate Peach



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  posted on 3/13/2009 at 11:48 AM
quote:
Now that he's been sentenced, I hope this story finally fades away. Replaced by a media coverage campaign on another outrageous Ponzi Scheme -- Social Security. If an individual can't run one, why is the government allowed to?


I hope this story does NOT fade away, it needs to be pursued. Madoff wants the story to fade away ...

Tell you what, man -- since you don't approve of the Social security system, I'll be happy to take your checks!

 

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Zen Peach



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  posted on 3/13/2009 at 12:09 PM
quote:
quote:
Now that he's been sentenced, I hope this story finally fades away. Replaced by a media coverage campaign on another outrageous Ponzi Scheme -- Social Security. If an individual can't run one, why is the government allowed to?


I hope this story does NOT fade away, it needs to be pursued. Madoff wants the story to fade away ...

Tell you what, man -- since you don't approve of the Social security system, I'll be happy to take your checks!


So do you approve of how this program has been handled? If I could actually do anything about it, I'd simply opt out. I know how to invest my own money, and if it was allowed I may actually get to retire at some point. And I wouldn't need whatever measly amount they are able to send when it's was time for me to hang em up.

[Edited on 3/13/2009 by alloak41]

 

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  posted on 3/13/2009 at 12:50 PM
wonder if he is still at metro jail??

I doubt he counted on the revolking his bail

 

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Ultimate Peach



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  posted on 3/13/2009 at 01:15 PM
Send homeboy to RIKERS ISLAND, and he won't live to see his sentencing date.

 

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Zen Peach



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  posted on 3/13/2009 at 01:20 PM
quote:
quote:
quote:
Pete! I definitely know you are not condoning Bernie's behaviour (you would be LAST person I could see doing that, my friend ) The BS was in response to his claims made re: legitimacy in any of his ventures. He must be one of those guys who has just the one rip-off enterprise with which he'll ruin lives and for which he'll go to jail but everything else he touches is golden and proper. Uh huh. Those 'legit' business are probably one of the places the wife was diverting funds to...


I heard on the radio that she was a "bookkeeper" for one or all of the businesses. From my seat, that has an odor of culpability.


The operative word being ODOR, lol...

The concern among his victims has to be that the guilty plea -- and hence no trial -- will sort of griond the momentum of the investigations to a halt. We have to hope that doesn't happen.

In the mean time, my preference for a venue for Bernie to serve his sentence would be in the Alabama refurbishing our roads and highways. Also: charging adnission to see him at work, and an extra fee if you want to spit on him, might be a worthwhile and effective way to raise some money for his victims. I'd pay to see him sweating it out on the chain gang.


I don't think anything will grind the investigation to a hault. There is too much money at stake and too many of the people hurt are powerful and connected.

 

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