I always thought Bernie Madoff went down too easy. The whole confessing to his kid and turning himself in never sat right with me. Let's face it, he ran his scam for almost 20 years and jacked $50 billion. You don't just walk away from that one day.
So I wasn't surprised when a former cell mate came forward with tantalizing details about how Bernie may have squirreled away $9 billion with three personal friends of his before he came clean. And now Madoff is afraid his former partner Frank DiPascali is naming names to the Feds in exchange for leniency. What a tangled web we do weave. Anyone else think Ruth knows more than she's saying?
Madoff, 72, is serving a life sentence, but DiPascali has reportedly been trying to avoid that fate by cooperating with prosecutors -- who argued strenuously for his release from jail pending sentencing despite a judge's initial reluctance to grant bail.
While we're on the subject of bail, I'll be spending the next week in New Orleans -- the first vacation I've taken in two years. If anyone wants to hook up, I'll be the guy puking Lucky Dogs and Hurricane mix onto my Hawaiian shirt under the fountain at Pat O's every night around midnight.
Wish me luck, and I'll see you in a week.
For anyone to launder that much money in 2008, without creating a trail, takes a whole lot more accomplices than "three personal friends". I cannot wait for everyone involved to get hauled off to the slammer.
can i get a million? i mean thats gotta be pennies compared to $50 BILLION
Thanks Edmundo I've always felt the same way. When you scam for this long, you've got more people involved than yourself. And this was no small scam. I cannot wait until they put every one into the slammer with him.
You think they will? I feel like he took the bullet so that he could save everyone else. I'd like to see everyone involved go to jail (tons of people must have been involved in this), but these days, I doubt you'll see anything like that. The whole situation is a shame.
There is no doubt he tried to bite the bullet for everyone. The question is whether or not they can unearth all the BS and find some more money with one of his crony dumbass sons or sketchy business partner.
There had to have been at least 50+ people in the know. $50 Billion is sooo much money and to think that one person was able to do it all by himself is ludicrous.
How much money was actually in Madoff's accounts?
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