Any comments about Mr Madoff? - Page 15

sugarpop · 07-02-2009, 09:36 PM

Good grief. It was a joke. I don't believe in the death penalty.

joelnwil · 07-05-2009, 09:17 AM

Well, here is what should happen:

classicman · 03-12-2010, 09:11 PM

Bump...

Where Are They Now?

Elspode · 03-13-2010, 05:58 PM

Madoff is the worst kind of scum. Having his flesh flayed from his bones with a rubber hose is too kind for him.

richlevy · 03-14-2010, 03:50 PM

Well, the irony here is that if Mr. Madoff had screwed over middle and working class victims, when he got out he would still be welcome at the country/yacht club. Since he screwed over his peers, he's never going to get out and would be a pariah if he did.

For an amoral person the lessons are 'pick your targets' and 'never crap where you eat'.

By comparison, the architect of Foundation for New Era, a $500 million dollar pyramid scheme in the Philadelphia area that targeted charities was only given a 12 year sentence and server about 10.

Granted, part of this may be that charities that had made 'profits' pooled their assets which recouped most of the money.

tw · 03-14-2010, 07:20 PM

Quote:

Originally Posted by Elspode

Madoff is the worst kind of scum. Having his flesh flayed from his bones with a rubber hose is too kind for him.

Madoff is only another example of what happens when the purpose of a company is profits. No different than the Mafia whose purpose is exactly same.

Why is Madoff any different than the top executives of GM or the entire corporate structure in Lehman Bros or Enron or AIG? These companies also did what so many Americans advocate only because they were told to believe it.

ZenGum · 03-15-2010, 12:50 AM

Madoff told explicit lies - claimed to have made trades that he hadn't, claimed to own shares etc that he didn't, etc.
The motives of Lehman etc were much the same, but a few small but significant points of method seem to matter - at least to some.

tw · 03-15-2010, 08:37 AM

Quote:

Originally Posted by ZenGum

The motives of Lehman etc were much the same, but a few small but significant points of method seem to matter - at least to some.

What is the difference between Enron accounting by Madoff and Enron accounting by Lehman Bros. Lehman began overt lying on the spread sheets in 2001. And their accountants (Ernest and Young?) were aware of it.

Madoff was done by a few people. Lehman Bros was done by hundreds in a major corporation. Other than that, what is the difference? Both were intentionally lying and stealing massive sums with an attitude of entitlement. Enron accounting is still ongoing – all but legal. Complete with massive rewards to those most complicit.

classicman · 02-07-2011, 07:28 PM

An interactive map of the Madoff investors ...
Man - look at Long Island.

http://madoffmap.com/

07-05-2009, 09:17 AM	#212
joelnwil Major Inhabitant Join Date: Nov 2005 Location: Silver Spring MD Posts: 128	Well, here is what should happen: Attached Images

03-12-2010, 09:11 PM	#213
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	Bump... Where Are They Now? __________________ "like strapping a pillow on a bull in a china shop" Bullitt

03-13-2010, 05:58 PM	#214
Elspode When Do I Get Virtual Unreality? Join Date: Dec 2002 Location: Raytown, Missouri Posts: 12,719	Madoff is the worst kind of scum. Having his flesh flayed from his bones with a rubber hose is too kind for him. __________________ "To those of you who are wearing ties, I think my dad would appreciate it if you took them off." - Robert Moog

03-14-2010, 03:50 PM	#215
richlevy King Of Wishful Thinking Join Date: Jan 2001 Location: Philadelphia Suburbs Posts: 6,669	Well, the irony here is that if Mr. Madoff had screwed over middle and working class victims, when he got out he would still be welcome at the country/yacht club. Since he screwed over his peers, he's never going to get out and would be a pariah if he did. For an amoral person the lessons are 'pick your targets' and 'never crap where you eat'. By comparison, the architect of Foundation for New Era, a $500 million dollar pyramid scheme in the Philadelphia area that targeted charities was only given a 12 year sentence and server about 10. Granted, part of this may be that charities that had made 'profits' pooled their assets which recouped most of the money. __________________ Exercise your rights and remember your obligations - VOTE! I have always believed that hope is that stubborn thing inside us that insists, despite all the evidence to the contrary, that something better awaits us so long as we have the courage to keep reaching, to keep working, to keep fighting. -- Barack Hussein Obama Last edited by richlevy; 03-14-2010 at 03:58 PM.

03-15-2010, 12:50 AM	#217
ZenGum Doctor Wtf Join Date: Oct 2007 Location: Badelaide, Baustralia Posts: 12,861	Madoff told explicit lies - claimed to have made trades that he hadn't, claimed to own shares etc that he didn't, etc. The motives of Lehman etc were much the same, but a few small but significant points of method seem to matter - at least to some. __________________ Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl.

07-02-2009, 09:36 PM	#211
sugarpop Professor Join Date: Nov 2008 Location: the edge of the abyss Posts: 1,947	Good grief. It was a joke. I don't believe in the death penalty.

02-07-2011, 07:28 PM	#219
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	An interactive map of the Madoff investors ... Man - look at Long Island. http://madoffmap.com/ __________________ "like strapping a pillow on a bull in a china shop" Bullitt

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