GEEZ! Why is this guy still front page news? Bernie's taxi rides have been above the fold since before Christmas! We caught him, he's guilty, he's going to jail... can we PULEEZE demote him to page 3? Think of all the Brad and Angelina stuff we're ignoring!
For those of you who just can't get enough of this guy, here's the initial story, from Bloomberg News, on Dec. 11! And if that's not enough, follow the link at the end of the article and you can get everything ever written about him -- heck, even his name, address and phone number, if you want!
Madoff Charged in Fraud Said to Total More Than $20 Billion
By David Glovin
Dec. 11 (Bloomberg) -- Bernard Madoff, president of Bernard Madoff Investment Securities, was charged with securities fraud by federal prosecutors in New York in a scheme that totaled more than $20 billion, according to a person familiar with the case.
Madoff was arrested today by the FBI and is scheduled to appear in court this afternoon in Manhattan. Madoff, 70, was charged with a single count of securities fraud. His firm is based in New York.
�Bernard Madoff is a longstanding leader in the financial services industry,� said defense lawyer Dan Horwitz as he waited for Madoff�s case to be called. �We will fight to get through this unfortunate set of events.�
Madoff started his firm in 1960 with $5,000 of savings and took advantage of securities-law changes in the 1970s designed to spur competition in U.S. stock markets, according to a profile posted on the Web site Finance Tech.
He was chief of the Securities Industry Association�s trading committee in the 1990s and early this decade, where he represented brokerage firms in discussions with regulators about new stock-market rules as electronic-trading systems and networks gained prominence.
The case is U.S. v. Madoff, U.S. District Court for the Southern District of New York (Manhattan)
http://search.bloomberg.com/search?q=Bernard+Madoff&getfields=wnnis&sort=date%3AD%3AS%3Ad1&btnG.x=18&btnG.y=5&btnG=Search+News&entqr=0&getfields=wnnis&sort=date%3AD%3AS%3Ad1&output=xml_no_dtd&client=wnews&ud=1&oe=UTF-8&ie=UTF-8&proxystylesheet=wnews&site=wnews&filter=p
Wanna know who got screwed? Click on the article title for a complete list!
We don't give our criminals much punishment, but we sure give 'em plenty of publicity. ~Will Rogers
ReplyDeleteAMEN -- It's a horse race now between this guy and O.J. -- Bruno Hauptmann didn't get this much publicity for the Lindbergh kidnapping, which H.L. Mencken called "the biggest story since the Resurrection."
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