Nov 11, 2009, 10:34am
Nov 10, 2009, 8:45am
A lot of people are dubious as to whether or not the Madoff brothers, Mark and Andy, really had no idea the firm they were working for was--what's the word?--a Ponzi scheme. How could they not, right? Perhaps because while daddy was busy defrauding everyone in the Western world, they were giving fishing tutorials.
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Posted by MarshallStack , Dec 15, 2008 4:11PM
Bess reads the comments....
Posted by guest , Dec 15, 2008 4:15PM
grammatical error less than 1 minute in
Posted by guest , Dec 15, 2008 4:20PM
Hoping he would get hooked in the nuts but we move on...
Posted by financialmarketjim , Dec 15, 2008 4:25PM
much better video
http://www.youtube.com/watch?v=m54bAfxgYPw&fmt=22
Posted by guest , Dec 15, 2008 4:27PM
I don't buy it. I just can't, Bess.
Posted by guest , Dec 15, 2008 4:30PM
Obviously they were good fishermen. They learned from their father. As we all know, his investors bought it hook, line, and sinker!
And BOOM goes the dynamite.
Yes, this was lame, I know, but I couldn't resist.
Posted by guest , Dec 15, 2008 4:32PM
Comment Removed By Moderator.
Posted by guest , Dec 15, 2008 4:33PM
Comment Removed By Moderator.
Posted by guest , Dec 15, 2008 4:33PM
@6: I think I would have said there was definitely something fishy about their business.
Posted by guest , Dec 15, 2008 4:35PM
@7/8- nice try. except that when db removes it it's in italics. amateur.
Posted by guest , Dec 15, 2008 4:36PM
@9 - touché
Posted by guest , Dec 15, 2008 4:41PM
@10,
Great work Dick Tracy!!
Posted by guest , Dec 15, 2008 4:43PM
Jews fish?
Posted by Lowly Assistant , Dec 15, 2008 4:44PM
Look at the giddy brown man being reeled in...from Boca to S. Asia/Princeton, no one's safe.
Posted by guest , Dec 15, 2008 4:45PM
The kids look berderline autistic (not that anything is wrong with that). Dad must be so proud, not spending time with the retards and spending all his time at the office molesting collies and defrauding charities.
Posted by guest , Dec 15, 2008 4:51PM
analyst programs to be extinct; cost -$250K, not incliding extra lip we have to endure in this PC/touch feely new order
http://news.efinancialcareers.com/newsandviews_item/newsItemId-16545
Posted by guest , Dec 15, 2008 4:51PM
Those "kids" live in Greenwich, sending the grandkids to private school. So, they may look dumb, but they're laughing all the way to the bank, "innocent" as they are.
Posted by guest , Dec 15, 2008 4:52PM
this is what bankers do
not banging models...
Posted by EricM , Dec 15, 2008 4:55PM
Oh, they're into saltwater fishing as well. There's no telling how much they have in gear. The entire $50 Billion may be wrapped up in their hobby.
Posted by EconAnalyst , Dec 15, 2008 4:56PM
Gob and Buster had no idea what George Sr. was up to.
Posted by guest , Dec 15, 2008 5:02PM
16 The guy saying that they'll be extinct consults regarding outsourcing, and therefore benefits from them becoming extinct. A little conflict there, which makes me think that the reality is not so simple. We already know that pitchbooks can be put together in the third world for less. All professional services firms (accounting, law) however use this type of model - a lot of people at the bottom, often overpaid for the value they generate - as a way of developing future talent. Not saying its right or perfect, but its not gonna change overnight.
Posted by Lowly Assistant , Dec 15, 2008 5:03PM
20, you're an all right guy in my book.
Posted by fatsdomino , Dec 15, 2008 5:04PM
@20 - that' hilarious
Posted by guest , Dec 15, 2008 5:05PM
You can sneeze $10K in fly fishing, even if your not trying to look impressive. If the guy is buying Abel reels just because they are "the best". I suspect it looks more like this. Multiple reels per rod (maybe three, since he was a jackass) and the salesman saw him coming. A 5 weight rod, a 6, an 8 for Salmon. A 1 weight because brookies are a blast on them. Regular waders, hip waders, neoprene, wet wading gear. Sunglasses based on lighting conditions. Vests and hip packs with just the right configuration for the waters. Oh and I haven't really even gotten to rods yet. This guy sounds like he would have insisted on at least a couple bamboo rods ($2-3K plus per). If this guy spent less that $50-100K on gear alone he never met a half decent salesman the entire time he was fishing.
Posted by guest , Dec 15, 2008 5:07PM
24 = douche.
Posted by guest , Dec 15, 2008 5:45PM
@24 stop blogging and keep selling fishing rods
Posted by guest , Dec 15, 2008 6:13PM
@ 25 & 26,
Sorry guys, I have to add this for buddy at 24...
@24, 8 for salmon? Maybe at a Great Lakes farm; stay home, or at the fish-guy shop like 26 suggests. Just stay away from here or the West Coast.
-SealClubber
Posted by guest , Dec 15, 2008 8:23PM
@20 They've made a HUGE mistake.
Posted by EricM , Dec 15, 2008 9:44PM
I originally posted the text of @24 in the previous thread replying to a specific question about a $10,000 estimate of Madoff gear cost. I didn't copy/paste it into this thread as guest. I can't speak to why guest @24 thought it was a good idea to hijack it.
@27, Yes, in Alaska I have used an 8 for salmon. It was the right rod, at least for me, for the stream conditions.
Posted by guest , Dec 15, 2008 9:45PM
20 wins
Posted by guest , Dec 15, 2008 10:11PM
@29 all rods are the right rod for you.
Posted by guest , Dec 29, 2008 12:04PM
Bounty on all members of Madoff family... will eliminate three before dec'09... email eliminator99@hushmail.ru... svedborg palannin