Screen shot 2009-10-21 at 10.10.25 AM.pngEverytime we try and get off the Berns Beat this guy reels us back in. Not content to let Raj Rajaratnam and his little insider trading case dominate the limelight, Madoff sees your “Sri Lankan scandal” and raises you a “I eat Italian food prepared by a pervert.” The Daily News reports that inside the Butler, NC prison he calls home, the Ponz Master bunks with a 21 year-old drug dealer and eats pizza “prepared by a child molester.” That should be enough to hold our attention but in case you were considering spending your morning discussing the implications of Raj-Raj winding down his fund, Big Big goes on:

New additions to a lawsuit against the jailed Ponzi schemer charge that he presided over an office so fueled by the drug that it was known as the “North Pole.”

The suit, filed Tuesday night in Manhattan Supreme Court, alleges that Madoff, as far back as 1975, used two street toughs on his payroll to set up a cocaine pipeline into the offices of Madoff Securities.
It portrays the firm’s headquarters as an animal house with “a culture of sexual deviance” that often hosted drug-fueled parties featuring topless waitresses who wore little more than G-strings.

Comments (22)

  1. Posted by guest | October 21, 2009 at 10:11 AM

    Not sure whether this is true or not, but like I said in the previous post, Cocaine is a hell of a drug.
    -Rick James (GS edition)

  2. Posted by guest | October 21, 2009 at 10:13 AM

    Was that BarCap guy the London branch of this operation?

  3. Posted by guest | October 21, 2009 at 10:14 AM

    Just would like you all to know (those of you in prison and those who might soon be going) that “North Pole” is the exclusive sales mark and trademark of Blue Veiner Productions, LLC, and cannot be used in any way without prior written permission from Blue Veiner Productions, LLC.
    Sincerely
    ~Peter North

  4. Posted by Anal_yst | October 21, 2009 at 10:15 AM

    Are they still hiring? Where can I sign up?

  5. Posted by guest | October 21, 2009 at 10:17 AM

    We have parties like that at CNBC all the time. Its no big deal.
    -LK

  6. Posted by guest | October 21, 2009 at 10:24 AM

    Everyone knows that pedophiles make the best pizza

  7. Posted by NakedShort | October 21, 2009 at 10:27 AM

    @6 I thought they made the best PB&J sandwiches (crust off) cut into cute little triangles.

  8. Posted by guest | October 21, 2009 at 10:32 AM

    No no no, they have the best candy, and all you have to do is get into the back of a conversion van.

  9. Posted by guest | October 21, 2009 at 10:34 AM

    joke…I worked on 19 and the closest we came to coke parties was an occasional beer friday once or twice a year to promote comraderie

  10. Posted by CoveredLong | October 21, 2009 at 10:34 AM

    @7 – Oh, that reminds me…I’ll have the tuna, no crust.
    Bernie, I’m a cop. Ever since I met you, I’ve been undercover. I’m a cop.
    -Paul Walker

  11. Posted by guest | October 21, 2009 at 10:35 AM

    8,
    It’s like Scooby-Doo, but scarier.

  12. Posted by guest | October 21, 2009 at 10:42 AM

    @8, 11–
    Yeah I’ve seen this guy around…seems like a pretty good deal
    http://the-grayline.com/wp-content/uploads/2008/10/free-candy-van.jpg

  13. Posted by snifffff | October 21, 2009 at 10:46 AM

    It’s all fun and games until someone gets a face full of blow.

  14. Posted by guest | October 21, 2009 at 10:58 AM

    I’m calling bullshit. I spent four years surrounded by cokeheads at Vandy. Just a non-stop exercise in solipsism. No way he keeps his scheme a secret through two decades of coke parties.
    If any of this were true, we’d have found out about this whole thing by ’84.

  15. Posted by NotNasser | October 21, 2009 at 10:59 AM

    Bernie! Still the King.

  16. Posted by Anal_yst | October 21, 2009 at 11:00 AM

    @14 FTW.

  17. Posted by guest | October 21, 2009 at 11:03 AM

    @9 I worked on 19 too and I remember having George Jung inspired boat races every Friday. First one to puke had to bang Ruth.

  18. Posted by guest | October 21, 2009 at 11:08 AM

    Cocaine’s one hell of a drug.

  19. Posted by guest | October 21, 2009 at 11:12 AM

    Two years for murder George I must meet your lawyer
    -BM

  20. Posted by guest | October 21, 2009 at 11:27 AM

    Pablo Escobarstein???

  21. Posted by guest | October 21, 2009 at 2:47 PM

    “I eat Italian food prepared by a pervert.” is the new killing it

  22. Posted by guest | October 21, 2009 at 2:54 PM

    I get spending da money on hookers and blow. But did he just piss the rest away?
    CG

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