Ponzi scheme Madoff dies in prison

[Squire Haggard]

RIP said nobody at all.

He'll probably be cremated, because there could be a mountain of shit on his grave from people paying their ''respects.'' 

''WASHINGTON (Reuters) - Bernard Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the Bureau of Prisons said.''

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[mills_and_bhuna]

"We can all sleep easily now knowing that this could never happen again "

Said no one ever

[winkywanky]

Only completed a tiny amount of his sentence of 160 years, the bastid  .

But he spent 12yrs behind bars, plenty long enough to ruminate on his dirty deeds 

[David1970]

Madoff was a member of Palm Beach Country Club and other members sought introductions in hopes of being allowed into an even more exclusive investment club that brought steady, double-digit returns even when the market was down.
He did not need to chases victims they chased him to give him their life savings.

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[anyfucker]

Madoff was a member of Palm Beach Country Club and other members sought introductions in hopes of being allowed into an even more exclusive investment club that brought steady, double-digit returns even when the market was down.
He did not need to chases victims they chased him to give him their life savings.

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if it's (the investment return) too good to be true then it isn't
the investors were being greedyand wanted more then they could get by leaving their cash in the bank

[winkywanky]

More fool them.

But Madoff still deserved what he got. Just because his victims were already stinking rich doesn't excuse what he did in any way.

[Blackpool Rock]

More fool them.

But Madoff still deserved what he got. Just because his victims were already stinking rich doesn't excuse what he did in any way.

Thing is the article also said it affected charities and pension funds etc so everyone would have been affected to an extent.

Not often these rich fuckers get brought to book as they have too many friends in high places who bale them out and sweep it all under a carpet

Remember about 20 years ago there was some guy in the UK who ripped people off for Millions, think it was pensions, can't remember his name but his legal team wangled it so he basically got let off as he was diagnosed with "Pre senile dementia", a couple of years later the fucker was giving speeches and lectures, fuck all wrong with the cunt 

[winkywanky]

Thing is the article also said it affected charities and pension funds etc so everyone would have been affected to an extent.

Not often these rich fuckers get brought to book as they have too many friends in high places who bale them out and sweep it all under a carpet

Remember about 20 years ago there was some guy in the UK who ripped people off for Millions, think it was pensions, can't remember his name but his legal team wangled it so he basically got let off as he was diagnosed with "Pre senile dementia", a couple of years later the fucker was giving speeches and lectures, fuck all wrong with the cunt 

Yes, I remember that case well...but like yourself, not well enough to remember the cunt's name   

I can't see why he couldn't later be prosecuted for perverting the course of justice though? 

[lamboman]

With his legitimate trading arm he was in prime position to take advantage of greedy people.SEC did nothing to stop him for years despite warnings, you can still see the results of his dealings as Kevin Bacons' gurning mug is on the tele every day.

[David1970]

Yes, I remember that case well...but like yourself, not well enough to remember the cunt's name   

I can't see why he couldn't later be prosecuted for perverting the course of justice though? 

Remember Ernest Saunders incredible recovery from Alzheimer’s which had got him out of jail.

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[winkywanky]

Yes, that's the fucker. Despicable.

[Blackpool Rock]

Yes, I remember that case well...but like yourself, not well enough to remember the cunt's name   

I can't see why he couldn't later be prosecuted for perverting the course of justice though? 

Because his corrupt mates and our old boy network ensured he was allowed to take the piss out of our legal system 
I do think there is ever increasing transparency as time goes on but for centuries things have frankly been corrupt at the highest level 

Anyway I knew it had something to do with Guinness, thought that's what he was called 

[anyfucker]

More fool them.

But Madoff still deserved what he got. Just because his victims were already stinking rich doesn't excuse what he did in any way.

+1

[willie loman]

there was a cartoon at the time, that showed a gaggle of lawyers with glasses raised , saying ,"guiness has been good for us"

[Squire Haggard]

there was a cartoon at the time, that showed a gaggle of lawyers with glasses raised , saying ,"guiness has been good for us"

Another cartoon at the time was,  'its a takeover, its taking over the whole paper.' I cant really remember, but there could have been full page ads from Distillers and Guiness, with each giving their side of the bid attempt.

Like others above, I remember Ernest Saunders getting his Get Out Of Jail Free Card and then making a full recovery.