• 15 Dec 2008 at 3:57 PM

I Buy It


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.
Earlier: Caption Contest Monday

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Comments (33)

  1. Posted by MarshallStack | December 15, 2008 at 4:11 PM

    Bess reads the comments….

  2. Posted by guest | December 15, 2008 at 4:15 PM

    grammatical error less than 1 minute in

  3. Posted by guest | December 15, 2008 at 4:20 PM

    Hoping he would get hooked in the nuts but we move on…

  4. Posted by financialmarketjim | December 15, 2008 at 4:25 PM
  5. Posted by guest | December 15, 2008 at 4:27 PM

    I don’t buy it. I just can’t, Bess.

  6. Posted by guest | December 15, 2008 at 4:30 PM

    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.

  7. Posted by guest | December 15, 2008 at 4:32 PM

    Comment Removed By Moderator.

  8. Posted by guest | December 15, 2008 at 4:33 PM

    Comment Removed By Moderator.

  9. Posted by guest | December 15, 2008 at 4:33 PM

    @6: I think I would have said there was definitely something fishy about their business.

  10. Posted by guest | December 15, 2008 at 4:35 PM

    @7/8- nice try. except that when db removes it it’s in italics. amateur.

  11. Posted by guest | December 15, 2008 at 4:36 PM

    @9 – touché

  12. Posted by guest | December 15, 2008 at 4:41 PM

    @10,
    Great work Dick Tracy!!

  13. Posted by guest | December 15, 2008 at 4:43 PM

    Jews fish?

  14. Posted by Lowly Assistant | December 15, 2008 at 4:44 PM

    Look at the giddy brown man being reeled in…from Boca to S. Asia/Princeton, no one’s safe.

  15. Posted by guest | December 15, 2008 at 4:45 PM

    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.

  16. Posted by guest | December 15, 2008 at 4:51 PM

    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

  17. Posted by guest | December 15, 2008 at 4:51 PM

    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.

  18. Posted by guest | December 15, 2008 at 4:52 PM

    this is what bankers do
    not banging models…

  19. Posted by EricM | December 15, 2008 at 4:55 PM

    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.

  20. Posted by EconAnalyst | December 15, 2008 at 4:56 PM

    Gob and Buster had no idea what George Sr. was up to.

  21. Posted by guest | December 15, 2008 at 5:02 PM

    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.

  22. Posted by Lowly Assistant | December 15, 2008 at 5:03 PM

    20, you’re an all right guy in my book.

  23. Posted by fatsdomino | December 15, 2008 at 5:04 PM

    @20 – that’ hilarious

  24. Posted by guest | December 15, 2008 at 5:05 PM

    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.

  25. Posted by guest | December 15, 2008 at 5:07 PM

    24 = douche.

  26. Posted by guest | December 15, 2008 at 5:45 PM

    @24 stop blogging and keep selling fishing rods

  27. Posted by guest | December 15, 2008 at 6:13 PM

    @ 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

  28. Posted by guest | December 15, 2008 at 8:23 PM

    @20 They’ve made a HUGE mistake.

  29. Posted by EricM | December 15, 2008 at 9:44 PM

    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.

  30. Posted by guest | December 15, 2008 at 9:45 PM

    20 wins

  31. Posted by guest | December 15, 2008 at 10:11 PM

    @29 all rods are the right rod for you.

  32. Posted by guest | December 29, 2008 at 12:04 PM

    Bounty on all members of Madoff family… will eliminate three before dec’09… email eliminator99@hushmail.ru… svedborg palannin

  33. Posted by buy oem software | May 2, 2012 at 10:37 AM

    KJzccB Say, you got a nice blog post.Thanks Again. Awesome.

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