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.”
I’m going to be bottle popping tonight, son!
See you at Pianos.
looks like A&M are getting sued just for the “halibut”
@2: You are a fag.
@3
That reminds me, I need a cig.
Kim Jun Il vs. Lloyd Blankfein, discuss…
Kim Jung Il vs. Lloyd Blankfein, discuss…
ha ha what about big ed and margret they where part of management…
I guess you could say M&A aren’t off the hook yet.
Best beej I ever had. Smelled like the real thing too.
It moved.
I really hope that there is no law against being stupid.
-Greg M.
They look gillty to me.
Bess don’t you mean Irving Picard, not Ira Sorkin?
they might be in “reel” trouble now.
Roe v. Waders
looks like the “jig” is up
@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
@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” !
I can finally see the kike-ness and the Madoff lineage in the 3rd picture.
Upon further review, I think @15 packed in the most humor with the fewest words. Well done!
~The Joke Briefer
@12 Allow me to build:
Gillty without a shadow of a trout.
Pics 2 and 3 appear to have the “Salma truta” (brown trout) in them…….
~Acorn Fish Organizer
Hey Andy / Mark – as Valentine said in Trading Places “How’d ya’ll do?”
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.
How I feel about Andy and Mark:
http://www.youtube.com/watch?v=Q_CysSd_4AY
Ha Ha!
–Nelson
My hovercraft if full of eels.
-Jeff Mackerel
Who wants to put his rod in my tackle box?
-Toothy Ruth
@ 26.. “Nelson – can’t u see he’s really hurt? I said HaHa”!
I pity those poor soles.
Jeff Mackerel FTW!
@30 that was codawful
Hook, line, and sinker…
S.L. (the sooo 10 minutes ago guy)
M&A are minnow-cent until proven guilty by a jury of their piers.
Didnt they intern at Salmon Smith Barney?
This lawsuit is a fluke. M&As attorney will get them off the hook. There’s no way they go up the river.
@35
S.A. Sea Capital
This thread has turned into carp. Dear Bass, please krill this ASAP.
Sincerely,
Jack the Flipper
Charrlie Bassparino
Some really crappie puns floating around here about Bernie’s cod-led spawn.
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”.
Is Mark sporting a mullet under his hat?
Grill Bassness
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
@38 quit your pouting.
I’d like to pound da shit outta all of you.
-CG
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.
If they get sent to the tank, they might get beat up and be in need of a sturgeon.
At least they’ll get a fair herring.
Fucker kept saying: Til a’ pay ya
FISH!
-Guy who can’t make fish puns
Greg Pikeaels.
Hooper! Where the fuck is hooper? We have a bony shark to catch!
- you see what I did there?
Hey, #55, do you like fishsticks?
hell yeah!
@55 – You’re a gay fish!
@56 You are a master baiter. You caught me hook line and sinker
-55
I’m glad I”m not the only one bored outa my skull this afternoon, wow, seriously…
–Not the fishing type
@47
That is some premo shit right there. thanks.
@47/”sole porpoise”
Nice!
47 officially wins what can only be described as a WASP freestyle battle. “Sole porpoise” sealed the deal. Well done.
Make that SEALed the deal. (Yes, seals are mammals. Fuck you.)
Grog, don’t jizz in a bowl and tell me it’s chowder.
-Clamma Mussels
Scales of Justice.
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.
Madoff has nothing on my Super Dolla
-Kim Jong Skill
@47′s use of “smelt” deserves an oak leaf cluster.
I bet one of the Madoff boys has an original “Pollock” hanging somewhere.
Andy & Mark join the koi polloi.
There was a young man from Nantucket….
They are so shucked…
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?
they stink more than any fish every could.
[...] in touch with his client, who is serving a 150-year sentence at federal prison in North Carolina. Sorkin did say, “I’m very sure he has been informed. This is a great tragedy on many, many [...]