You know damn well they were just more Hannukah gifts. Not a big deal.
Federal prosecutors said Thursday that investigators who searched Bernard Madoff’s office desk after the money manager’s arrest on Dec. 11 found about 100 signed checks totaling more than $173 million.
Where’s mine please.
Jump Bernie Jump
Getaway stash # 1…..busted!!! That’s a lot of Hannukah coin, bud.
Dude has the biggest gonads of all time.
hellagelt
“The defendant has shown at this point he cannot be trusted,” prosecutors from the US Attorney’s Office wrote in a filing with a Manhattan Federal Court magistrate judge.”
“The only thing that prevented the defendant from executing his plan to dissipate those assets was his arrest by the FBI on Dec. 11.”
This doesn’t make sense – Madoff TURNED HIMSELF IN TO THE FBI, he wasn’t caugt so he obviously knew he would never have the chance to send any of those checks. He probably sent money to people before he turned himself in and the checks were there just to distract them and it’s working. Shouldn’t they know this? I’m not suprised they didn’t catch me if they’re not even smart enough to figure this out.
Have they taken the bag of gold stashed around his neck yet? And not just the fake bag of gold in case someone tries to take the real one…
This incessant CNBC tripe listing each person with ‘exposure to Madoff’ is growing wearisome.
I only care about investments in excess of 50% of net worth – sufficient to require a lifestyle change and a schadenfreude-satisfying article in the lifestyle section of a NY or Florida newspaper.
The Carpenter’s Union had a Madoff investment? Who cares? It’s probably a tiny investment. How much Lehman and Bear Stearns stock did they have in the fund?
Look, Jack Bogle has saddled me with exposure to lots of losers through the Index-500 fund: Citibank, Lehman, Bear, Wamu, Wachovia, AIG, Ford, GM.
I have exposure to homebuilders! When does CNBC do the story on me and how I’ve had to cut back to 4 lattes a week?
made out to? himself? someone from perhaps a Russian criminal organization? The Israel anti-extradition fund? How much eveidence to they need to build on his “flight-ability”?
At this rate I wouldn’t be surprised if he had diamonds stuffed 10 carats across in his anal cavity
@8- newsflash CNBC SUCKS. they will make anything into a story in attempt to look like they’re in the know.
@10, the “forensic accountant” who finds the stash will make quite the career for himself. It’s probably as exciting as accounting can get.
girl-
that’s probably why the prosecution wants to put him in jail. They have faith that Bubba (for a reduced sentence) will locate the hidden stash stored in Madoff’s… er.. cavities.
-mrp
@11 girl – you didn’t ! why? just why?
don’t know where you guys get your facts, but Madoff didn’t turn himself in. His sons did, and the FBI showed up at his door asking for an “innocent explanation” for which there was none.
Now maybe his kids were in on it and so their turning him in was all part of the intricate scheme, but as the facts present themselves now, he did not turn himself in. In fact, one of the reasons why his sons acted so quickly is because he told them he intended to distribute the remaining money to friends/family/employees asap.
That’s got to be the most expensive butt plug of all time. Won’t keep the barbarians from storming the gate for long.
No Caddyshack reference? C’mon….
@17
The peasant have some burning oil ready once the gate is down.
I recommend preparation-H. Cuts down the burning sensation.
I should mail bernie a tube of “Gun Oil” lube. He’s going to need it.
-mrp
15, because it occurred to me that it might actually be true, and that as a law abiding citizen i might somehow have a forum to comunicate this as such to his wife, so that she can shocker her way into getting what is rightfully hers in the state of new york.
Mr Pink- with any luck Bubba will have him rather literally coughing up the goods in short order.
@18 – awww – keep it.
Can we make fun of someone besides Madoff now? How about someone at GS for a change?
I think we have to bring corporal punishment back for thius type of stuff. out laws are so antiquated and ridiculous that these guys dont fear getting caught.
Bernie should be in sing sing right now awaiting trial
Let me guess; the addresses were somewhere in Medellin?
@24- how about ken griffin? dennis kneale? wachovia? oh. right. that’s been done in the past few hours. is your scroll function broken?
@25 – leave the military out of this.
20 He’s certainly too old for “Boy Butter”. Maybe get a case for the sons though. GAnalYst
Make the check out to B-e-s-s L-e-v-i-n….
I laughed out loud and chortled a good long while at this from the Times, quoting Bernie’s own legal counsel:
“In addition, they said, at this point, Mr. Madoff is too widely known and too disliked to get very far if he tried to flee.”
THAT’S just priceless legal advocacy right there, my friends.
Bess is there any way at all that you could dig up a monthly statement from Madoff Securities that was actually sent to a client? Pretty pretty please with sugar on top and a cherry?!?!?
@26, this is a Madoff link so I am speaking about Madoff only. Go clear my trade Dogboy…..
@34- sorry, i meant @23.
-26
@22 Thank you. @18
@ 35, Im sorry too, lets hug it out.
I read that story about the elderly couple and wanted to vomit. That could be my grandparents, and If it were old bernie would be choking on his old twig and berries right now
Suck it SEC. hey Walt thanks for the cabana!
-Andy Madoff from Mustique
Made-off’s checks better be Made-out to the Russian Mafia, if he wants to stay alive, that is!
don’t you love it how the “nytimes” seems to only print the fish boys’ goody-two-shoes stories while the rest of the world press gets jiggy with it?
is it because IS and ARS share an X chromosone that allows IS the luxury of passing the press release on for print as ‘news’ at the grey lady?
@6 WRONG, IDIOT.
The FBI came to his apartment, THEN he confessed. Get it right and fix your caps lock key.
Put this fucker in jail! I am sick of this shit.
When will the riots in Palm Beach start?
You’re wrong – he told his sons what he did, they called a lawyer, the lawyer called the FBI and they arrested him AFTER HE TOLD HIS FAMILY WHAT HE DID. The FBI didn’t just show up unexpected at his apartment.
Now I understand why taxpayers have to bailout banks – nobody who works there is smart enough to figure out anything.
@24–
“”I think we have to bring corporal punishment back for thius type of stuff.”
you mean spanking?
i think many would argue this is not enough.
Forget spanking. All we need is a posse of 6 guys and about 10 feet of rope, then no more problem. But we have to hurry up and do it before the Russians or Colombians beat us to him!
@44 is the closest yet.
Bernie (my old boss) had already managed to pay out early bonuses to the clerics of the firm, though their bonuses were just 2-weeks pay.
as the kids (Andy and Mark) are telling it, Bernie had mentioned to them that he wanted to pay the traders their bonuses ahead of their usual time (traders’ bonuses were equal to 25% of their PNL of the year and were normally paid in Feb.) keep in mind the kids ran the trading floor, and they balked at paying early because, well, they had never paid early (even in the glory days of 1/8s and 1/16s). the night of the Madoff Christmas party, wed, Bernie evidently (this is the claim of the boys) brought up the early payout again, then asked the boys to join him at his place following the event. it was at Bernie’s pad the night of the party where he broke down and told the boys why he wanted to pay the traders early. the flowing morning, the boys turned him in and the Feds shut down the floor. Seems scripted, right? probably, but have the Feds been seen at either Andy’s or Mark’s? no, so it appears to have worked.
my main question: why did Mark pull his $ from Bernie’s “fund” 8 years ago? sure Mark was going through a divorce at the time, by why keep it out? did he know what was goin on? i want to think he didn’t, but hell… keep in mind Andy is sharper than Mark (though not as gregarious) and he kept his money under dad’s loving 1%-a-month watchful eye. did Mark learn something that Andy failed to catch? seems like a stretch, but who knows.