If you are going to Ponzi, do it right. For instance, don’t waste your time on a Hummer or something. Get yourself an Aston Martin. Peter Madoff has one.
…liquidators claim “in March and May 2008, Bernard Madoff caused wire transfers from MSIL accounts to be made to the Aston Martin company in the amounts of £35,000 and £100,000, respectively, for a total of £135,000 ($237,600), in order to enable the purchase of a vintage Aston Martin automobile, model number DB2/4 1964 … for Mr. Madoff’s brother Peter Madoff.”
I mean there’s ponzi and then there’s Ponzi. Just ask the Noels.
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Someone needs to shoot them Romanoff style…
None of this comes close to triumphing the biggest Ponzi scheme in human civilization. Originally conceived in 1935, we have come to fondly know of it now as “Social Security”
At least now we know where the $52 billion went…
Maintenance!
@2- thanks, we’ve heard that joke approximately 838,487,982 times, and been forwarded an email containing it 874 times on top of that. Don’t let that stop you from leaving it in a comment like it’s new and hilarious, though.
4 But it is true no?
a metric Aston of martins
Ah, the beauteous Astons of yore, how I long for the day when those of present will cease to look like Jaguar XK’s with aero kits….
@7,8: The beauty of the car grinds to a halt when you pass it and notice a middle-aged, balding MOT behind the wheel.
@9 true, most sexy cars are wasted on old people. most sexy russian girls as well btw..
@10, as I said @3:
It’s all in who can afford the maintenance.
@10 and don’t forget board positions..
None of this comes close to triumphing the biggest Ponzi scheme in human civilization. Originally conceived in 1935, we have come to fondly know of it now as “Social Security”
Too soon?
oh yeah … you just got lit up @4
@10: Peter M. is almost a stereotype of the middle-aged, balding, glasses-wearing, short little nebbish who thinks a car like this can redeem him.
That he has millions of dollars and STILL bought the car through the company is even more nauseating.
ponzi or no ponzi…the man has taste
I realize most readers are clueless about fine cars, given 90% drive 3 Series, and the occasional ass-talk that some here spew about this subject matter
Now the Aston in question is the ugly duckling of the classic Astons, and Peter got ripped off, no surprise.
If one is to collect Astons, he should focus on the DB5 (aka James Bond) or the famed DB4 GT Zagato or even some ex-works DB Le Mans racers.
This car is worth half what he paid, though its a better invetsment than his Brothers Fund.
There is nothing wrong with a 3 series.
@17
I’d agree with you esp wrt the db5 and zagato, but also figured it’d be a bit tangential.
Also, most readers probably don’t drive 3-series, fyi
@17 people do have differing opinions on cars…as amazing as that may seem…i don’t doubt he overpaid for the car though…but he wasn’t paying for it, his investors were, so I doubt that was on his list of cares at that point.
You guys are forgetting the biggest ponzi scheme in history…”Social Security”.
Personally, I think nothing can beat my vintage 1972 Lada.
- Lloyd Blankfein
Infiniti
ouch, 4 got owned
Take it easy 24/14 we all know your’re 13/2, so it took you all afternoon to respond to 4, and you still screwed up. Quit jerking yourself off – you’ll get jizz in the keyboard.
jizz on the keyboard is the new killing it
I wish people would stop jerking themselves off. At least have your secretary do it for you.
Jefferies analyst
A friend of TGFD’s buys cars the way other people buy shoes.
He has an Aston-Martin sitting in his garage now, one he bought a year or so ago for $135K cash.
His businesses are now in danger of folding, and he wishes he had that $135k handy.
Problem is, he can’t sell the car. Nobody wants the f’n thing. A real beauty it is too.
The Guy from Delaware
p.s. @#1…Your “Romanoff” should read “Romanov”.
I was driven in a black car, now I ride in a yellow car. Does that make me poor?
I would be happy to time share this car (Aston) with other readers.
Funny how Madoff always kept the bling one layer down (house, boat, & cars), he was good.
3 No, most of the $52 billion went as payouts to the early investors. Making them bigger thieves than the Madoffs. Unwittingly perhaps, but still thieves.
3-series Mazdas, maybe.
–CS