• 18 Jun 2009 at 4:52 PM

Bernie’s Slightly More Legitimate Legacy Lives On In The Lipstick Building

By Greg Michaels

Lipstick Building.jpgThe part of the House of Ponz that wasn’t lying to people and stealing their money has a new keeper. Surge Trading is the new owner of Bernie’s market making business and their CEO is ready to lead the former Madoff-ites into the future- albeit from the same address.

“I am proud to be working with this team of seasoned, dedicated and client-focused specialists. We are looking forward to quickly beginning the business of trading on behalf of our clients, growing our service offerings, and becoming an industry-leading business.”

Madoff’s Market-Making Business Is Revived by Surge Trading [Bloomberg]

Comments (11)

  1. 1
    Posted by guest | June 18, 2009 at 5:06 PM

    Are there guaranteed 12% annual returns?
    Sweet….

  2. 2
    Posted by guest | June 18, 2009 at 5:18 PM

    Angelo Mozilo’s future employer

  3. 3
    Posted by guest | June 18, 2009 at 5:19 PM

    Angelo Mozilo’s future employer

  4. 4
    Posted by guest | June 18, 2009 at 5:21 PM

    Angelo Mozilo’s future employer

  5. 5
    Posted by Porker Stankleberry | June 18, 2009 at 5:44 PM

    Unrelated, any ideas where Mozilo will end up?

  6. 6
    Posted by guest | June 18, 2009 at 5:54 PM

    Mozillo will end up sleeping with the fishes. As all mobsters do…

  7. 7
    Posted by guest | June 18, 2009 at 5:56 PM

    surge trading? what a stupid fucking name…

  8. 8
    Posted by guest | June 18, 2009 at 5:58 PM

    his skin could probably use the moisture

  9. 9
    Posted by guest | June 18, 2009 at 6:38 PM

    Greg,
    I was go’n read your post until I got high
    I was go’n leave a funny comment too but I got high
    I doubt I’ll ever read your post and I know why
    Because I got high
    Because I got high
    Because I got high
    http://www.youtube.com/watch?v=1_qD9uZ8kB8
    SPODE

  10. 10
    Posted by guest | June 18, 2009 at 7:42 PM

    Dear Greg,
    I regret to inform you that your application to Strayer University’s Associate in Arts program has been rejected. While your academic credentials and personal accomplishments are commendable, we saw a surge in qualified AA applicants this round and were only able to offer admission to the strongest 96 percent. Thank you for considering Strayer and good luck with your future pursuits.
    Sincerely,
    Quincy Q. Dickles
    Dean of Admissions
    Strayer University

  11. 11
    Posted by guest | June 19, 2009 at 8:01 AM

    this is the automated mm’ing biz, no?

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