Madoff Breaking News

 

The Story of Bernard L. Madoff, The Man Who Swindled the World!
Written by Deborah and Gerald Strober, this is the first biography of the notorious financier to hit stores. Ripped from the headlines, Catastrophe presents Bernie Madoff’s real story, including his confession, unlikely rise, and incredible crash, as well as the stories of the countless organizations and individuals he bilked out of more than $50 billion.

We believe that Bernie Madoff committed perjury in Federal Court during his allocution under oath before U.S. District Court Judge Denny Chin this morning, just moments before his bail was revoked and he was cuffed and sent to the nearby Metropolitan Correctional Center to be processed as an inmate.

Speaking to Judge Chin's demand to "Tell me what you did, " Madoff, in reeling off the litany of his crimes, stated that to the best of his recollection, his Ponzi scheme had begun in the early 1990s, in response to a recession.

Responding for the government to Madoff's statement, however, Assistant U.S. Attorney Marc Litt noted that "the defendant operated a massive Ponzi scheme through his company, Bernard L. Madoff Investment Services, beginning at least as early as the 1980s."

Which time-frame is it Bernie? The 1980s or the'90s? How do you account for this likely ten-year discrepancy?

Is it that you're simply so used to dissembling that you just couldn't resist the opportunity to do so once again, under oath, before you had to exchange your bespoke threads for prison stripes?

Then there's the matter of your Oprah Moment, namely having the chutzpah to stand there in the presence of so many of your victims and talk of being "apologetic" and "deeply sorry and ashamed" for having devastated their lives.

Thank goodness your victims aren't buying your act of contrition and self-redemption. They know that there are at least two other chapters to be written in your miserable saga--the first one about the conspiracy of family members in your crimes of financial terrorism and the second one entitled, "Bernie, Where Did You Hide the Rest of Your Loot." 

 

 

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