Irving Picard promised Sunday that he would bankrupt Andy and Mark Madoff and he was not kidding! The spawn of Satan, along with their cousin Shana and uncle Peter, have been sued for $199 million. The good news is that they’re not being accused of actually taking part in the Ponzi scheme, but only for being possibly so fucking stupid that they had no idea it was going on right under their noses. I can’t speak for Peter and Shana but in M&A’s defense? They were never there! They literally spent 4 days of every work week on a boat fishing and posing for pictures. (They do strike me as himbos, however, so it’s possible they wouldn’t have caught this thing even if they did have more regular attendance at the office.)
The complaint does not accuse the family members of participating in the Ponzi scheme — indeed, lawyers for all four have repeatedly insisted that their clients had no inkling about the fraud until Mr. Madoff confessed to his sons in December, prompting them to turn him in to the federal authorities.Rather, the trustee’s complaint describes the relatives as “completely derelict” in carrying out their professional duties at the federally regulated brokerage firm.
“As a result, they either failed to detect or fail to stop the fraud,” the complaint asserted. “Simply put, if the family members had been doing their jobs — honestly and faithfully — the Madoff Ponzi scheme might never have succeeded, or continued for so long.”
Posted by DJ LIBOR , Oct 02, 2009 3:30PM
I'm going to be bottle popping tonight, son!
See you at Pianos.
Posted by guest , Oct 02, 2009 3:32PM
looks like A&M are getting sued just for the "halibut"
Posted by guest , Oct 02, 2009 3:34PM
@2: You are a fag.
Posted by guest , Oct 02, 2009 3:36PM
@3
That reminds me, I need a cig.
Posted by guest , Oct 02, 2009 3:36PM
Kim Jun Il vs. Lloyd Blankfein, discuss...
Posted by guest , Oct 02, 2009 3:37PM
Kim Jung Il vs. Lloyd Blankfein, discuss...
Posted by guest , Oct 02, 2009 3:37PM
ha ha what about big ed and margret they where part of management...
Posted by guest , Oct 02, 2009 3:38PM
I guess you could say M&A aren't off the hook yet.
Posted by guest , Oct 02, 2009 3:40PM
Best beej I ever had. Smelled like the real thing too.
Posted by guest , Oct 02, 2009 3:42PM
It moved.
Posted by guest , Oct 02, 2009 3:42PM
I really hope that there is no law against being stupid.
-Greg M.
Posted by guest , Oct 02, 2009 3:45PM
They look gillty to me.
Posted by guest , Oct 02, 2009 3:49PM
Bess don't you mean Irving Picard, not Ira Sorkin?
Posted by guest , Oct 02, 2009 3:52PM
they might be in "reel" trouble now.
Posted by guest , Oct 02, 2009 3:53PM
Roe v. Waders
Posted by NakedShort , Oct 02, 2009 3:58PM
looks like the "jig" is up
Posted by CoveredLong , Oct 02, 2009 3:59PM
@12 - You spelled it wrong....ohhh, I see what you did there...haha.
You could hook a book deal if you fillet few pages up with fish puns. Of course, you'd probably have to let it go once you got it.
-Big Pun(f)isher
Posted by guest , Oct 02, 2009 3:59PM
@14...well played. I like the way you "scaled" into it on the "fly". "Mustad' you to my favorites! As they say in French movies, "Fin" !
Posted by Reassured Anthropolgist , Oct 02, 2009 4:00PM
I can finally see the kike-ness and the Madoff lineage in the 3rd picture.
Posted by guest , Oct 02, 2009 4:01PM
Upon further review, I think @15 packed in the most humor with the fewest words. Well done!
~The Joke Briefer
Posted by NakedShort , Oct 02, 2009 4:04PM
@12 Allow me to build:
Gillty without a shadow of a trout.
Posted by guest , Oct 02, 2009 4:05PM
Pics 2 and 3 appear to have the "Salma truta" (brown trout) in them.......
~Acorn Fish Organizer
Posted by guest , Oct 02, 2009 4:10PM
Hey Andy / Mark - as Valentine said in Trading Places "How'd ya'll do?"
Posted by CoveredLong , Oct 02, 2009 4:10PM
Bunch of master baiters if you ask me.
The headline should've read: "Bernie Madoff: Caught by his sons"
That's right, they were so unimpressed they threw him back...into general pop.
Posted by guest , Oct 02, 2009 4:11PM
How I feel about Andy and Mark:
http://www.youtube.com/watch?v=Q_CysSd_4AY
Posted by Anal_yst , Oct 02, 2009 4:12PM
Ha Ha!
--Nelson
Posted by guest , Oct 02, 2009 4:13PM
My hovercraft if full of eels.
-Jeff Mackerel
Posted by guest , Oct 02, 2009 4:18PM
Who wants to put his rod in my tackle box?
-Toothy Ruth
Posted by guest , Oct 02, 2009 4:18PM
@ 26.. "Nelson - can't u see he's really hurt? I said HaHa"!
Posted by guest , Oct 02, 2009 4:19PM
I pity those poor soles.
Posted by guest , Oct 02, 2009 4:20PM
Jeff Mackerel FTW!
Posted by guest , Oct 02, 2009 4:25PM
@30 that was codawful
Posted by guest , Oct 02, 2009 4:26PM
Hook, line, and sinker...
S.L. (the sooo 10 minutes ago guy)
Posted by guest , Oct 02, 2009 4:26PM
M&A are minnow-cent until proven guilty by a jury of their piers.
Posted by NakedShort , Oct 02, 2009 4:31PM
Didnt they intern at Salmon Smith Barney?
Posted by Prime Brokerage Dude , Oct 02, 2009 4:33PM
This lawsuit is a fluke. M&As attorney will get them off the hook. There's no way they go up the river.
Posted by guest , Oct 02, 2009 4:36PM
@35
S.A. Sea Capital
Posted by guest , Oct 02, 2009 4:38PM
This thread has turned into carp. Dear Bass, please krill this ASAP.
Sincerely,
Jack the Flipper
Posted by guest , Oct 02, 2009 4:38PM
Charrlie Bassparino
Posted by guest , Oct 02, 2009 4:43PM
Some really crappie puns floating around here about Bernie's cod-led spawn.
Posted by guest , Oct 02, 2009 4:45PM
They were "lured" into the shenannigans. They got their "hackles" up in anger. They might "worm" their way out of this, though. But they could get caught in the Fed's "net".
I bet they "carp" about this for months on end. They'll probably grow "mullets".
Posted by guest , Oct 02, 2009 4:45PM
Is Mark sporting a mullet under his hat?
Posted by guest , Oct 02, 2009 4:46PM
Grill Bassness
Posted by NakedShort , Oct 02, 2009 4:47PM
We don't know what you heard about we
But a Picard can't get a dollar out of we
No Cadillac, no lures, you can't see
that we like to eat motherfucking S-H-R-I-M-P
Posted by guest , Oct 02, 2009 4:48PM
@38 quit your pouting.
Posted by guest , Oct 02, 2009 4:51PM
I'd like to pound da shit outta all of you.
-CG
Posted by guest , Oct 02, 2009 5:00PM
Still pretty finomenal that BM, who understood the morays of the suckers he reeled in so well, was able to skate along for decades and poach such a big bushel of clams, while the regulators, whose sole porpoise is to stop these bottom-feeders, never smelt anything fishy.
Posted by Becky Boot Fan , Oct 02, 2009 5:04PM
If they get sent to the tank, they might get beat up and be in need of a sturgeon.
Posted by guest , Oct 02, 2009 5:10PM
At least they'll get a fair herring.
Posted by guest , Oct 02, 2009 5:13PM
Fucker kept saying: Til a' pay ya
Posted by CoveredLong , Oct 02, 2009 5:17PM
FISH!
-Guy who can't make fish puns
Posted by guest , Oct 02, 2009 5:20PM
Greg Pikeaels.
Posted by guest , Oct 02, 2009 5:21PM
Hooper! Where the fuck is hooper? We have a bony shark to catch!
- you see what I did there?
Posted by CoveredLong , Oct 02, 2009 5:22PM
Hey, #55, do you like fishsticks?
Posted by guest , Oct 02, 2009 5:22PM
hell yeah!
Posted by CoveredLong , Oct 02, 2009 5:23PM
@55 - You're a gay fish!
Posted by guest , Oct 02, 2009 5:24PM
@56 You are a master baiter. You caught me hook line and sinker
-55
Posted by Anal_yst , Oct 02, 2009 5:27PM
I'm glad I"m not the only one bored outa my skull this afternoon, wow, seriously...
--Not the fishing type
Posted by guest , Oct 02, 2009 5:46PM
@47
That is some premo shit right there. thanks.
Posted by guest , Oct 02, 2009 6:01PM
@47/"sole porpoise"
Nice!
Posted by guest , Oct 02, 2009 9:24PM
47 officially wins what can only be described as a WASP freestyle battle. "Sole porpoise" sealed the deal. Well done.
Posted by guest , Oct 02, 2009 9:26PM
Make that SEALed the deal. (Yes, seals are mammals. Fuck you.)
Posted by guest , Oct 03, 2009 12:29AM
Grog, don't jizz in a bowl and tell me it's chowder.
-Clamma Mussels
Posted by guest , Oct 03, 2009 3:46PM
Scales of Justice.
Posted by Ruth , Oct 03, 2009 8:22PM
Here is the NY Times wedding announcement in 1992 for Andrew and Debbie's marriage. The announcement states that Ruth is the Director of Administration. The New York Times fact checker must have confirmed this. She was proud of the title then, but now she claims to be just an innocent housewife.
Miss West Wed To A. H. Madoff
Published: Sunday, January 19, 1992
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Deborah Anne West, the daughter of Mr. and Mrs. Douglas West of New York, was married last evening to Andrew Howard Madoff, a son of Mr. and Mrs. Bernard L. Madoff, also of New York. Rabbi Richard Chapin officiated at the Union League Club in New York.
Mrs. Madoff, 24 years old, is a book-promotions consultant in New York. She graduated from Duke University. Her father is an investment broker at Bishop, Rosen & Company, a stockbrokerage in New York. Her mother, Susan L. West, is a managing editor at the Bantam Doubleday Dell Publishing Group in New York.
Mr. Madoff, 25, graduated from the University of Pennsylvania and is a securities trader at Bernard L. Madoff Investment Securities in New York. His father is the company's chairman, and his mother, Ruth Madoff, is its director of administration. His father is also the chairman of Nasdaq.
Posted by guest , Oct 04, 2009 3:44AM
Madoff has nothing on my Super Dolla
-Kim Jong Skill
Posted by guest , Oct 04, 2009 8:55PM
@47's use of "smelt" deserves an oak leaf cluster.
Posted by guest , Oct 04, 2009 8:56PM
I bet one of the Madoff boys has an original "Pollock" hanging somewhere.
Posted by guest , Oct 04, 2009 10:26PM
Andy & Mark join the koi polloi.
Posted by guest , Oct 04, 2009 10:38PM
There was a young man from Nantucket....
Posted by guest , Oct 05, 2009 1:00AM
They are so shucked...
Posted by guest , Oct 05, 2009 9:30AM
So, you're telling me that going on fishing trips and yelling at coffee shop baristas is NOT what I was supposed to be doing? Are you sure, cuz thats what Daddio always told me was my job?
Posted by dorothy , Oct 08, 2009 11:53PM
they stink more than any fish every could.