  Sstashmoo Member Username: Sstashmoo Post Number: 3378 Registered: 02-2007 |
Quote: "NEW YORK (AP) -- Bernard Madoff is seeking to keep a $7 million Manhattan penthouse and an additional $62 million in assets, saying they are unrelated to the fraud that authorities say cost victims more than $50 billion. In court papers filed Monday in U.S. District Court in Manhattan, Madoff and his lawyer claim the apartment, $45 million in municipal bonds and $17 million more in a separate account all belong to Madoff's wife, Ruth."" This creep is going to walk away scott-free from this mega-scam. | ||
Jimaz Member Username: Jimaz Post Number: 6726 Registered: 12-2005 |
And Madoff's just the scapegoat! He's just a measily individual. Notice how easily big oil, banks and Wall Street raced to suddenly collect from the public till and skate away from the disaster just before Bush left office? This has been the greatest heist in history. They robbed the entire United States, biggest identity theft ever. The benificiaries were not the American public yet the American public are assigned to pay the tab! qui bono? | ||
Jimaz Member Username: Jimaz Post Number: 6727 Registered: 12-2005 |
The perpetrators have brought into question the very concept of property. This is a very risky and dangerous frontier. Do they really want to risk that standard at that level? (Message edited by Jimaz on March 03, 2009) | ||
Jiminnm Member Username: Jiminnm Post Number: 1759 Registered: 02-2005 |
Personally, I think Madoff should lose it all. But, what did you seriously think he and his lawyers would say - "yes, I stole it all, here take it." This is no surprise. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3381 Registered: 02-2007 |
Quote: "what did you seriously think he and his lawyers would say - "yes, I stole it all, here take it." I know what my lawyer would be saying: "Your honor, my client, ever since his arrest and during the term of his incarceration awaiting trial..." We're talking about 50 billion dollars that was outright stolen from investors. This was no mistake or misunderstanding, it was intentional. He took people's money knowing it was a scam. The guy should be behind bars, with no bail as he is undoubtedly a potential flight risk. He'll walk with nothing more than a slap on the wrist. | ||
Gannon Member Username: Gannon Post Number: 9072 Registered: 12-2003 |
The attorneys are no fools. They have bills to pay, too. They always find the deepest, easily-available well of wealth to tap. Lucky for them, judges are usually attorneys, too. Probably recognize each other from the country club...or was it Junior's Polo match? | ||
Ccbatson Member Username: Ccbatson Post Number: 19153 Registered: 11-2006 |
Of course he wants to keep the money, and he has the right to try and do so within the legal system. If, as I think it will, he is found guilty, then he should pay the penalty/damages which would exceed the amount that he wants to keep. | ||
Jiminnm Member Username: Jiminnm Post Number: 1760 Registered: 02-2005 |
No sstashmoo, your lawyer would probably be saying the same thing as Madoff's because it is likely be legal maplpractice not to do so. Why would anyone think someone who did what you describe in your last paragraph would fess up at this point? | ||
Ccbatson Member Username: Ccbatson Post Number: 19180 Registered: 11-2006 |
Correct...justice must be allowed to prevail, and an opportunity to defend himself is necessary for justice to exist at all. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3390 Registered: 02-2007 |
Quote: "opportunity to defend himself" Not an opportunity, a right to do so. This guy stole 50 billion dollars, he has admitted it, even referred to it as a "Ponzi scheme". His assets should be seized for the victims, and he should be in jail awaiting trial. He is a criminal. | ||
Ccbatson Member Username: Ccbatson Post Number: 19299 Registered: 11-2006 |
Correct, rephrased then....the right to an opportunity to defend himself. | ||
Bigb23 Member Username: Bigb23 Post Number: 4162 Registered: 11-2007 |
That family is totally corrupt. Now we have to hear about the sons, brother, and wife, stealing from widows. "Yes, he's guilty, but this is my hundred million dollars." | ||
Thejesus Member Username: Thejesus Post Number: 3781 Registered: 06-2008 |
"The guy should be behind bars, with no bail as he is undoubtedly a potential flight risk. " What makes you think he's a flight risk? | ||
Firstandten Member Username: Firstandten Post Number: 774 Registered: 05-2006 |
Why would he plead guity to charges that will put him in jail for the rest of his life ? If thats the case shouldn't he just go to trial and take his chances ? He must have negotiated something that hasn't been made public. | ||
Ct_alum Member Username: Ct_alum Post Number: 115 Registered: 10-2008 |
Firstandten: If he pleads guilty he doesn't have to cooperate with the Prosecutors and tell them where the money went/is. He knows that he's done, he is taking the total fall so his family can keep the millions. His wife made $32 million "on her own" - This way the Prosecutors can't touch it. | ||
Johnlodge Member Username: Johnlodge Post Number: 9595 Registered: 10-2003 |
I have little sympathy for the individual investors who belonged to Madoff's little club of elitist upper class twits at his Palm Beach country club. Unfortunately, some foundations and charitable organizations also invested with him. quote: http://www.huffingtonpost.com/ laurence-leamer/bernard-madoff -and-the-sh_b_150624.html Fuck those centimeter-deep douchebags. They probably got their come uppins. | ||
Detroitnerd Member Username: Detroitnerd Post Number: 3647 Registered: 07-2004 |
This kind of reminds me of how AIG, after racking up $170 billion in federal largesse (our money) is suing the IRS for more than $300 million in overpayment on taxes. | ||
Gannon Member Username: Gannon Post Number: 9095 Registered: 12-2003 |
quote: Heh, I guess in order to get 150 years of uncluttered, cold reality every day...or will he reside in some high-end Federal Resort Pen?! Maybe he needed to clear his conscience? The pictures and words show a broken man, this has been dogging him for a long time and it seems he wanted to get caught to make it stop. | ||
Jiminnm Member Username: Jiminnm Post Number: 1775 Registered: 02-2005 |
Madoff pleads guilty to 11 counts. http://www.cnbc.com/id/2965536 6 There was also a story a couple of days ago saying Mrs. Madoff has secured separate counsel from her husband because she is also being sued my many of the investors bilked by her husband. (Message edited by jiminnm on March 12, 2009) | ||
14509glenfield Member Username: 14509glenfield Post Number: 1527 Registered: 05-2006 |
Add one letter.... Mad"E"...off. Oink, Oink. | ||
Isle_of_fun Member Username: Isle_of_fun Post Number: 241 Registered: 10-2008 |
TO Bernard Madoff ,wife, all family members and those who helped hide his alleged illegal money. I know I know alleged is way way too kind. ALL OF HIS ASSETS HIS WIFES ASSETS AND ANY FAMILY MEMBER OR ASSOCIATE WHO RECEIVED ANYTHING FROM THIS MAN SHOULD BE AUDITED FOR AS FAR BACK AS IT TAKES. HIS WIFE DESERVES NOTHING BECAUSE SUPpOSEDLY ANY THING SHE INVESTED WAS FROM FUNDS THAT WERE NEVER EARNED LEGALLY . What's next .. oh I;m sorry officer I did not know my spouse had a gun, abused our children and had sex with a pig while the donkey watched????????? FRAUD IS FRAUD there are no loopholes only GREEDY SCHMUCKS. I can just hear his & her grandchildren singing MY GRANDFATHER WAS A FRAUD MAN A FRAUD a FRAUD MAN YOU SPELL THAT F R A U D D Y F R A U D D Y and F R A U D D Y was his name oh and my GRANDMOTHER was an informal derogatory, greedy dirty person YOu spell that P I G G Y P I G G Y and Piggy was her name oh | ||
Ccbatson Member Username: Ccbatson Post Number: 19363 Registered: 11-2006 |
We need a liberal crook like Madoff to unite? Conservative and liberal alike see this villain for what he is. Did I mention that he is/was a raging liberal? | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3448 Registered: 02-2007 |
Quote: "What makes you think he's a flight risk?" Just a hunch, and the judge thinks so too. ""U.S. District Judge Denny Chin promptly revoked the $10 million bail that had allowed Madoff to remain free since he confessed to his sons three months ago. In ordering him jailed, the judge said Madoff had the means to flee and an incentive to do so because of his age."" http://finance.yahoo.com/news/ Madoff-sent-to-jail-as-apf-146 23254.html | ||
Ccbatson Member Username: Ccbatson Post Number: 19367 Registered: 11-2006 |
Oh yeah, did I mention he is a raging lib? | ||
Rb336 Member Username: Rb336 Post Number: 8677 Registered: 02-2007 |
how so, bats? his list of contributions show large contributions to key political figures from both parties -- from liberals like John Dingell to extreme reactionaries like Jack Fields and George Herbert Walker III his donations to PACS skews far to the right | ||
Ccbatson Member Username: Ccbatson Post Number: 19394 Registered: 11-2006 |
Self described. | ||
Gannon Member Username: Gannon Post Number: 9099 Registered: 12-2003 |
Links? Pics? Quotes? Soundbites? | ||
Ccbatson Member Username: Ccbatson Post Number: 19405 Registered: 11-2006 |
Redundant to this board. It has been veted here already. Look in the archives. | ||
Thejesus Member Username: Thejesus Post Number: 3785 Registered: 06-2008 |
Sstashmoo: I was asking why you felt he was a flight risk BEFORE he plead guilty, since he had not pled guilty at the time you made your statement. The excerpt you posted regarding the judge's comments says that the judge believed he was a flight risk BECAUSE he pled guilty. i.e., since he's now a convict that will be going to jail for the rest of his life, he now has an incentive to flee. | ||
Flanders_field Member Username: Flanders_field Post Number: 1805 Registered: 01-2008 |
quote: Doesn't really matter if he is or not, because as indicated on Page 19046, Section C, Paragraph B of the Official Unabridged & Annotated Encyclopedia Batsonia: Any convicted or suspected conservative corporate capitalist criminal felon is in fact, a cloak closet liberal socialist. (Message edited by Flanders_field on March 15, 2009) | ||
Ccbatson Member Username: Ccbatson Post Number: 19436 Registered: 11-2006 |
Possibly true Flanders. Why? real capitalists are not looters or second handers. Best products at the lowest prices leaves no room for that kind of corruption from a true capitalist. | ||
Flanders_field Member Username: Flanders_field Post Number: 1807 Registered: 01-2008 |
A "real" capitalist that wishes to become very successful and privately wealthy, simply cannot avoid becoming corrupted to some degree, just like politicians. He or she cannot survive for very long without accepting associations and investor funding from already corrupted individuals and organizations who have their own agendas. Your theory of pure and unadulterated free market capitalism is truly an unfulfillable delusion. | ||
Ccbatson Member Username: Ccbatson Post Number: 19451 Registered: 11-2006 |
Absolutely incorrect. Examples abound all around you. BTW, "success" is not limited to the Bill Gates, etc. A successful Physician, lawyer, small businessperson, intermediate corporation. On other levels as well, a person who works for a company and does the best job they can do...also a success. You believe all success necessarily brings corruption with it? So sad. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3465 Registered: 02-2007 |
Right on Bats. Crooked unethical people typically don't last long. Their day of reckoning always comes. Ask good ol Bernie. Probably one of the reasons so many businesses fail, people think they must be some sort of hustler to be successful, they find out quick, it doesn't work. | ||
Jams Member Username: Jams Post Number: 7896 Registered: 10-2003 |
Note how quickly Madoff was found out. How long is a generation defined? | ||
Ct_alum Member Username: Ct_alum Post Number: 118 Registered: 10-2008 |
Jams - Madoff was not "found out"; he confessed. If he hadn't, the schmucks at the SEC would have continued to ignore the complaints about him and he would have continued on his merry way. | ||
Mama_jackson Member Username: Mama_jackson Post Number: 505 Registered: 06-2006 |
He never wouldn't have stopped his ponzi scheme if the economy wouldn't have taken a dive. He was forced to "confess" because everybody wanted their money, and he didn't have enough money to pay everybody off. So I don't think he should get any credit for being even vaguely honorable-he was simply backed into a corner. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3468 Registered: 02-2007 |
Quote: "he confessed." Probably because people wanted their money and he didn't have it. It's doubtful he confessed for no reason. | ||
Oladub Member Username: Oladub Post Number: 1317 Registered: 08-2006 |
Mama_jackson, I am not disagreeing with you. However, Katherine Austin Fitts adds another observation. It would have been impossible for Madoff to perpetuate his fraud on such a scale for so many years without the active collusion of banks and government. | ||
Ccbatson Member Username: Ccbatson Post Number: 19478 Registered: 11-2006 |
Sstashmoo...you surprise me (pleasantly). | ||
Flanders_field Member Username: Flanders_field Post Number: 1825 Registered: 01-2008 |
"On Friday, a day after money manager Bernie Madoff pled guilty to running a $65 billion Ponzi scheme, the release of court documents filed for Madoff’s bail appeal gave America’s hoi polloi a rare glimpse into the world of the near-billionaire. The Madoffs, worth $823 million, have been spending $293,869 a month to run their $7 million Manhattan apartment, just one of their four abodes worldwide. The Manhattan place features $4.1 million in furnishings and art, including $65,000 worth of silverware. What have the Madoffs been doing with all that tableware? Not much socializing. The court filings claim the Madoffs have only been spending $70 a month on entertaining" http://www.toomuchonline.org/t mweekly.html | ||
Ccbatson Member Username: Ccbatson Post Number: 19519 Registered: 11-2006 |
Contributions to the DNC by barter for silverware? | ||
Flanders_field Member Username: Flanders_field Post Number: 1832 Registered: 01-2008 |
Speaking of political "contributions" just for one example, the late and unlamented Enron and it's employees made 3/4 of their 5.7 million total contributions to GOP federal candidates and their party. The allegedly deceased Ken Lay and Enron contributed more money to the Chimp's 2000 presidential campaign than any other company. His boy Kenny also contributed 200Gs to the Chimp's first inauguration. Snopes | ||
Rb336 Member Username: Rb336 Post Number: 8720 Registered: 02-2007 |
wrong again, bats, but as shown before, Madoff donated equally to dems and reps. | ||
Bigb23 Member Username: Bigb23 Post Number: 4220 Registered: 11-2007 |
I still can't believe the posters that still point out Cc's lack of facts. He doesn't have any need for facts to rile the members here. In a year and a half on this board, I've finally learned to ignore him, and can't wait for the new options to totally block his posts. If anything, we should all use the same copy and paste methods he uses to refute his stance. | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3492 Registered: 02-2007 |
You need an "ignore" feature to ignore some posts? LOL, seriously man, step away from the computer for a few minutes, think about that. | ||
Islandman Member Username: Islandman Post Number: 2005 Registered: 08-2004 |
We all need an Ignore feature, and not just for cc. I have my Xmas list ready as soon as it's available. | ||
Jimaz Member Username: Jimaz Post Number: 6818 Registered: 12-2005 |
In my experience, ignore features in environments like this are only slightly more convenient than training yourself to manually ignore a troll. It never hurts to have the option though. What's more interesting is the kind of misunderstandings that arise when the user responding to the troll appears to be responding to the poster preceding the troll. Or will there be some placeholder indicating a post has been ignored? | ||
Lilpup Member Username: Lilpup Post Number: 5409 Registered: 06-2004 |
There is a placeholder showing that the person has posted and giving you an option to read the post or even removing the poster from your ignore list. Check out and register for the new forum (link's at the bottom of the page) and you can play with stuff like that. | ||
Ccbatson Member Username: Ccbatson Post Number: 19522 Registered: 11-2006 |
You've learned to ignore me BigB? You say this as you directly discuss me. Maybe you need some more learnin' | ||
Jimaz Member Username: Jimaz Post Number: 6820 Registered: 12-2005 |
Lilpup, thanks. I just may have the time to look into it soon. I've been way too busy elsewhere lately. | ||
Ccbatson Member Username: Ccbatson Post Number: 19555 Registered: 11-2006 |
Ignorance is bliss? | ||
Flanders_field Member Username: Flanders_field Post Number: 1841 Registered: 01-2008 |
^^^Nope, one sentence, and one size fits all board running apparently is. | ||
Ccbatson Member Username: Ccbatson Post Number: 19619 Registered: 11-2006 |
An "ignore" option is not purposeful ignorance? Or is it that the feature is not blissful and therefore does not work? | ||
Sstashmoo Member Username: Sstashmoo Post Number: 3510 Registered: 02-2007 |
It's going to be a clutch of people that do nothing but agree with each other, woohoo compelling and poignant. PG tried a forum like that, it doesn't work. | ||
Detroitej72 Member Username: Detroitej72 Post Number: 1380 Registered: 05-2006 |
An "ignore" option is not purposeful ignorance? Sometimes we can ignore certain poster's, as their measage's are redundant. | ||
Ccbatson Member Username: Ccbatson Post Number: 19694 Registered: 11-2006 |
Like I said, purposeful ignorance. Are you trying to make a point Detroitej72? |
