Bernie, Bernie, Bernie: The Continuing Lies of Bernard Madoff

Bernie, Bernie, Bernie: The Continuing Lies of Bernard Madoff

Bernie, Bernie, Bernie.

If there’s anything good that can be said about Bernard Lawrence ”Bernie” Madoff it’s that he takes care of his own, even if that means lying through his teeth to the bitter end and being buried with the truth.

The end is near for the travails of the 72 year old Bernie; he has a mere 148 years to go on his 150 year sentence and he could be out in just 129 years. He should be able to serve that time standing on his head.

Whatever he stands on, the man who put to shame Charles Ponzi who is credited with inventing the modern Ponzi scheme and who merely swindled piddling millions out of his investors as opposed to Madoff’s billions, Bernie is loyal to friends and family. The tens of thousands of other investing dolts, not so much but he covers for buddies and (close) relatives.

A distinguishing characteristic of those favored few coverees is that they seem to be an incredibly stupid lot. As opposed to bankers at J.P. Morgan-Chase who, according to Bernie, had to know that their incredible profits reaped from investments with Madoff’s Sterling Equities and from other Madoff enterprises were based on fraud, some select few others were so intellectually-challenged that they had no clue as to what was going on.

Good bud Fred Wilpon, owner of the New York Mets, Wilpon’s son Jeff, and partner Saul Katz were allegedly babes in the woods insofar as his schemes were concerned. Fred must have thought his $300,000,000. in investment profits, earned in good economic times and bad, represented manna from heaven and was not derived . . .
(Read more at http://www.genelalor.com/blog1/?p=3671)