Wow. Bernie 'No soul' Madoff gets 150 years in the slammer. Nice. You
have to love the judge on this one. 150 years. Mind you Madoff is
already 71, so it's not like he's losing his life. With any luck
though, he'll do some seriously hard time, with Big Agnes and the rest
of the fellas in the general population. I don't like his chances of
getting out of the shower without a new friend or two...or five. He's gonna get more action than Pamela Anderson on Prom Night. Tough
to be forgiving on this one, I'll tell you. This guy basically
financially raped a lot of regular folks like you and I. Some
estimates put his crime upward of 170 billion dollars. Think about
that number for a second. That's larger than the GNP of many
countries. The question that always comes to my mind in cases like this
is; How much do you need? How much dough do you need to pocket before
you can say, "I'm fairly comfortable?"
Personally I'm pretty sure I'd be good after the first billion. But
this, obviously, is not about money. It's a power thing. Well,
Bernie, old chum...good luck with the power thing in the Stir. You can
start by arm wrestling Big Agnes for the top bunk. Reminds me of that
wonderfully off-color old joke "...Does you wanna be the Mama or the
Papa?" Tough call Bernie.


Imagine going to bed every night knowing you cheated thousands and thousands of people out of money they were relying upon. Imagine making that your legacy going down as the biggest most callous fraudster of them all. The sheer scale. That would be roughly $50K from every man, woman and child in Canada. It is hard to reflect on that kind of damage. And what staggers me is there is nothing he can point to that reflects good on him like say a large collection of African villages that have safe water or 10 or 20 thousand kids in Guatemala that made it through school over that time because of him. Nope just another extreme blight of what people are capable of. Go to town Agnes.
Posted by: Tom Pike | June 30, 2009 at 10:48 PM