Made Money With Madoff? Don’t Count On Keeping It.

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  • Posted By: cj9996 @ 01/08/2009 12:05:13 PM

    Dear Sharilyn3,

    Actually Bernie Ebbers's Religion is Baptist but he is from the Jjewish tribe ethnically and genetically. Jews are a people, not a religion. AJjew can be an athiest ( or any other religion) as the Jewish lawyer (I think his name is Newdow) is. This is the fellow that is trying to get the words "under God" out of the Pledge of Allegiance and is trying to prevent The presidents oath from taking place on a bible.

    So before you write anything, get yourself educated so that you do not rveal your ignorance. :)

  • Posted By: cj9996 @ 01/08/2009 11:52:17 AM

    Dear Sharilyn3,

    Actually Bernie Ebbers's Religion is Baptist but he is from the Jjewish tribe ethnically and genetically. Jews are a people, not a religion. AJjew can be an athiest ( or any other religion) as the Jewish lawyer (I think his name is Newdow) is. This is the fellow that is trying to get the words "under God" out of the Pledge of Allegiance and is trying to prevent The presidents oath from taking place on a bible.

    So before you write anything, get yourself educated so that you do not rveal your ignorance. :)

  • Posted By: brewbeat @ 01/08/2009 8:59:52 AM

    Bwhaaaaa, bwhaaaaa! I'm laughing all the way to the pool to take my morning swim. Rich people getting their just due-seems like what goes around comes around to me.

  • Posted By: nutsandboats @ 01/08/2009 5:33:23 AM

    hello...of course you have to return the principle too...these washed up hacks,we call judges have no brains,and work for the state ,local, and federal governments, because they couldnt make it as establised attorneys

  • Posted By: perrin @ 01/06/2009 7:46:38 PM

    Before you can fix a problem, you have to first be able to cut through all the self deluding pride and emotional baggage most people lug around with them as they travel blindly through this maze of insecurities we call life. You also have to do away with the ineptitude of all those psycho analytical afficianados that impress upon you that they have a better way to understand your "Feelings", and that's ultimately all that matters. Such as in, "Hey man I sold the crack to that kid cause It's my ticket out of this rat hole where I live, It's just the way it is down here man, you know?"

    As that antiquaited way of thinking becomes more and more ingrained in our society, it becomes more and more dangerous. It's not the actual act any more, its how you feel about it.

    Some would argue that the past is destined to repeat itself, and that the apple doesn't fall far from the tree. The sins of the father manifest themselves in the actions of the son and so on, I had a bad childhood, I'm the son of an alcoholic, blau, blau, blau.

    And here's the kicker, "Well everybody else did it"

    The "I'm a victim of my environment" excuse is as old as father time and is only relevent in cases of extreme neglect or abuse, war, strife, third world hunger and poverty, and mental illness.That being said, it is still not an excuse for one human being to inflict harm on another for personal gain. Ever!

    You listening Mr M*doff? and all the rest of you f**kers? who took peoples life savings. I don't give a rats a** if you had to scratch your way to the top of the sh**hole where you live, you have no excuse, Period.

    By the way, Big Bubba is waiting for you baby. Bernie & Bubba, kinda has a nice ring to it dont you think?.

    I'm outta here, good riddance.

    • Posted By: IslandNation @ 01/07/2009 7:07:28 PM

      Agree. The US needs more personal accountability

  • Posted By: sharilyn3 @ 01/07/2009 7:36:09 AM

    IPosted By: cj9996 @ 01/06/2009 7:28:51 PMBernard Madoff, Samuel Israel, Michael Milken, Dennis Levine, Ivan Boesky, Bernie Ebbers? Do I see a pattern Here? Greedy Jewish people?

    Bernie Ebbers is a Greedy Baptist, you racist.

  • Posted By: TheGardener @ 01/06/2009 4:10:19 PM

    What goes around comes around. The Wealthy are a little less wealthy. Every so often a character enters the stage and applies the "Restore System" button.

    How do the wealthy sleep at night when 80% of the world lives below the poverty line, suffers from illiteracy and lacks the basics for a decent life. Madoff is just a link in the chain of the collective human mindset, he happens to apply a "restore system" button. He just doesn't know it, or perhaps he does...who knows.

    • Posted By: peace1 @ 01/07/2009 5:16:47 AM

      the wealthy sleep at night knowing that they have donated millions to support notable causes and hard working organizations around the globe...knowing that their own hard work which resulted in wealth is now being used to benefit those who live where there may not be opportunities to reap wealth.

  • Posted By: cj9996 @ 01/06/2009 7:28:51 PM

    Bernard Madoff, Samuel Israel, Michael Milken, Dennis Levine, Ivan Boesky, Bernie Ebbers? Do I see a pattern Here? Greedy Jewish people?

  • Posted By: TheGardener @ 01/06/2009 4:14:19 PM

    So much for the Wealthy Charity Foundations!

    If "charity" were truly applied we would not have the messy world we see.

  • Posted By: naughtywizard @ 01/06/2009 4:10:57 PM

    I don't qualify myself as a guru of financial world, but I believed the cheaters and cheated ones are the same grade of sickness. Greeds drive them to be on board the same boat, on top of the problem is the govt., system and society to be corrected, why allowed all these happened. I think Ponzi Scheme is only way the Fed to cover up to what really happening, let we all coming back to the real world of healthy biz, coming back to invest to the real economy that employ labored sweating works not only on papers with fancy offices and nice suits managers working only with sweet talking thru emails and cell. So economy moving again!

  • Posted By: miketheknife @ 01/06/2009 3:36:04 PM

    First of all, garysgary, please don't speak again. You have nothing to add to this conversation. Second, as unfair as it sounds, the rule of Fradulant Transfer (which have been in the bankruptcy system for a long time) are designed to place all creditors on an equal footing, and prevent debtors from making sham transfers before they file for protection. It is very hard to know who has clean hands in these instances. What the courts tries to do is gather together all the pieces of the pie first. Once that is done, the court can then make a ruling as to how to best divide that pie. It's not a great solution because sometimes innocent people are forced to hand over money that they recieved in good faith. Unfortunately, it's the system we have and for the most part it works. Though these specific creditors are going to be hurt more than they originally were, the creditor population as a whole will be hurt a little less because the funds were recaptured by the court. In other words, the pie gets a little bit bigger.

  • Posted By: Horrible Bastard @ 01/06/2009 10:38:45 AM

    I can see the profits being returned...but the principle as well?

  • Posted By: SansJRS @ 01/05/2009 11:01:18 PM

    What a slime bucket - I bet the entire family was involved, pops just turned himself in because he's old and has nothing to lose. He threw himself on the sword so the family could go on living high on the hog, so to speak.

  • Posted By: garysgary @ 01/05/2009 10:24:25 PM

    We've got Madoff and some guy named Israel that ripped off rich Jews....who cares! Jews stealing from Jews...how ironic

  • Posted By: christopherkidwell1 @ 01/05/2009 3:30:43 PM

    Excuse me, but that should not be the case. Even if someone thinks that 'something is amiss', that something amiss could be that he is just making bad investments. This legal ruling should be IMMEDIATELY challenged in court, because it goes totally against 'innocent until proven guilty' and no seizure without a judgment against the person in question.
    It's time to realize that it is sad that the people in question here lost money.... but they should have KNOWN that something was fishy about this investment. Even I knew that investments do NOT gain 10% every year. No way in F'ing hell do they gain that much.

  • Posted By: tljohn6 @ 01/05/2009 9:39:38 AM

    Several of the people that made money from Madoff knew he was doing something illegal. They just figured it was insider trading. They had no idea it was a Ponzi scheme. They said they were aware that the returns were too 'good' not to be something... they don't deserve to keep the money. They used him and he used them. No crying foul when you find out that he stole from you too. Sorry, I can't accept that you just figured it and then took the money right before the collapse. Why should you be the ones to profit and no one else? You gambled and you lost.

  • Posted By: kevin @ 01/05/2009 8:06:37 AM

    Social security a ponzi scheme? But surely all of finance is based on subjective assumptions about the world? For example, everyone will not take their money out of the banks at one time; gold is something other than a shiny metal ( and one that is less useful than cheap steel); pieces of paper have value i.e. deeds to property, share certificates, banknotes). All finance is a type of useful illusion, but look how far it has taken us - from hunter gathering to the richest people ever in history. I'll stay with the illusion thanks. We can accept a few ponzi schemes, if along with it we, all of us in the West, are fed, clothed, housed and looked after better than millionaires were a century ago.

  • Posted By: gbtyler @ 01/04/2009 8:45:41 PM

    A fool and his money will soon be parted. Is there really a difference in how a ponzi scheme works and the way the
    social security system works? We should be afraid! very very afraid!

  • Posted By: gbtyler @ 01/04/2009 8:39:45 PM

    So a ponzi scheme takes money from new investors to pay older investors and is illegal. Seems quite familiar to another
    scheme called social security huh.

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