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Did anyone else watch it -- there is still a great deal of controversy and speculation that she knew what he was doing? Thoughts?
I knew the Feds took all of his possessions, millions of dollars worth of real estate, accounts, etc. what I did not know/remember, is that they allowed her to keep only $2million.
Last edited by sugarmaple; 12-12-2012 at 03:43 PM..
Reason: typo
I did not see it but I have recently read a bio on Madoff. It was fascinating and repulsive at the same time. From the book, folks should know he was involved in shady deals from the get-go, as a young man, as a business owner over the years... so he was not some brilliant guy with perfect integrity, whose dealings just got a bit out of hand....
Wife's involvement...who really knows? I do know from the book that she had to sell most of her exquisite jewelry, furs etc. Poor dear.
How much was focused on the suicide of one of the sons who was working with Madoff? The widow of that son wrote a book too-good read.
Not even considering the victims in this case, Madoff took down a lot of men he worked with through the years...at least one, in addition to his son, committed suicide upon finding out the scope of what he had done. Others were given lesser prison terms.
I for one do not know why madoff got convicted of anything at all. after all, madoff was not doing anything that the feds were not doing themselves in the 1st place.
is it just that the feds think they can do something to the american taxpayers but the individual american citizen is not allowed to do the same?
He ruined many lives. I read a piece on an old guy who lost his entire retirement fund and had to start working again at 80+ years of age.
I think thieves like this should do hard labor. Maybe they'd appreciate how hard other people work for a meager living. Housing them in a cell with a TV doesn't really do society any justice and just costs money.
I think thieves like this should do hard labor. Maybe they'd appreciate how hard other people work for a meager living. Housing them in a cell with a TV doesn't really do society any justice and just costs money.[/quote]
I like that idea. I think people like him are the lowest form of life. What a dirt bag!
Taxes are NOT the same as literally stealing ALL LIFETIME SAVINGS out of pockets and you know it.
Back to topic!
Quote:
Originally Posted by monkeywrenching
I for one do not know why madoff got convicted of anything at all. after all, madoff was not doing anything that the feds were not doing themselves in the 1st place.
is it just that the feds think they can do something to the american taxpayers but the individual american citizen is not allowed to do the same?
Taxes are NOT the same as literally stealing ALL LIFETIME SAVINGS out of pockets and you know it.
Back to topic!
madoff was doing exactly the same thing the feds are doing now. he collected alot of money from alot of people and gives it back to a few at a time.
this is called a ponzie scheme and is illegal. it is exactly what the social security system is based upon.
the feds just calls theirs legal as they dont have to follow the rule of law, if they did have to follow the rule of law, alot of politicians would be serving prison sentences right now.
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