Madoff trustee Irving Picard and his humble Cleveland law firm have submitted their bills for the last five months. The total: more than $22 million.
That’s on top of the $15.7 million they made for their first four-and-a-half months on the job.
Breakdown follows.
Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities Fees, 1 May-30 Sept.: $835,605 Subscription to Combover Style magazine: $19.99 Hardship bonus for having to travel to Queens to visit Madoff warehouses: $1.7 millionBaker & Hostetler, legal counsel to Irving H. Picard, who coincidentally is also a partner at the firm
Fees: $21.28 million
Expenses: $280,682
Expense report
Female companionship: $77,945
Recreational narcotics: $23,404
Christmas party entertainment (Ruth Madoff topless revue): $5,034
Cleveland Indians playoff tickets: $0
In-house Ponzi scheme start-up costs: $37,946
Madoff trustee and law firm submit $22.1 mln bill [Reuters]
Madoff Trustee And His Law Firm Seek Another $22 Million [FINalternatives]
Posted by guest , Nov 23, 2009 2:00PM
Only Bess should be permitted to write these stories.
Posted by guest , Nov 23, 2009 2:03PM
Nothign like making Geneva money in fucking cleveland, eigh?
Posted by guest , Nov 23, 2009 2:04PM
It's only money. It's not that important. Being a good person is more important than having a lot of money.
Posted by american bandersnatch , Nov 23, 2009 2:05PM
@1 - I beg to differ. This is clearly hotel receipt guy's territory.
Posted by guest , Nov 23, 2009 2:06PM
3 ftmfw
Posted by guest , Nov 23, 2009 2:11PM
50A Hitchcock film with a shower scene (6)
Posted by guest , Nov 23, 2009 2:17PM
@6 maybe you should stick to the Junior Jumble
Posted by Investorcluzo , Nov 23, 2009 2:18PM
I'm fairly certain that there is a poster who is much better at doing hotel receipts - stand down shaz, lest you be sent the way of one greg michaels...
off topic, is it me or does it look like all 10lbs of said "camera weight" went to straight erin's backside? wtf, is she taking workout tips from maria b?
Posted by guest , Nov 23, 2009 2:19PM
@8, thought you guys liked 'em that way
Posted by guest , Nov 23, 2009 2:20PM
Paid in kind: 3 boats, 50 ugly ass watches, 20 fake LV purses, 1 well used wife, and two barely used kids.
Posted by CoveredLong , Nov 23, 2009 2:26PM
Hotel Receipt Guy,
Do you ever post regular (non-receipt) comments or do you strictly regulate yourself to hotel receipts?
-Curious Commenter Brigade CEO
Posted by guest , Nov 23, 2009 2:28PM
9=merkin capital partners?
Posted by guest , Nov 23, 2009 2:30PM
Even the Times thinks the Dollar is screwed. http://www.nytimes.com/2009/11/23/business/23rates.html?_r=1&pagewanted=2
Buy gold - the one true currency that has survived every Fiat currency.
Posted by guest , Nov 23, 2009 2:31PM
@7 thanks for the tip, grandma.
Posted by Tax Chick , Nov 23, 2009 2:39PM
@6 - stop being a psycho and do your own work.
Posted by guest , Nov 23, 2009 2:43PM
@15/TC I read you, thanks. One more clue today.
Posted by guest , Nov 23, 2009 2:46PM
I know the Hotel Receipt Guy very well and he is concerned that the genre will get overused so he lays in wait for an "opportunity".
He probably doesn't want it out but he probably originated the "A. Drury" comments seen here, too.
He is a funny guy in person and is generally always "on". I suspect he may be The Joke Briefer. In real life, he is a trader and he is writing a book. He has contributed humorous bits of news to a major publication for several years just because (a) he has a nose for that stuff and (b) he's bored most of the time and says an idle mind is the Devil's workshop.
Posted by CoveredLong , Nov 23, 2009 2:46PM
@16 - Yea but are you sure, I mean REALLY SURE it's not Frenzy or Marnie...jus sayin.
Posted by Tax Chick , Nov 23, 2009 2:53PM
@CL - because 33D won't work, twerp.
Posted by Joe Mac , Nov 23, 2009 2:54PM
Cluz- She's been that way since she became "The Future". Its more than birthin' hips, my friend. Stairmaster can't make a dent.
Posted by guest , Nov 23, 2009 2:55PM
Maybe hotel receipt guy is Jon Shazar. Just like David Einhorn is Finkle.
Posted by MadeOff , Nov 23, 2009 3:03PM
I left some for guys like Picard.
Posted by CoveredLong , Nov 23, 2009 3:05PM
@19/TC - Good point, dweeb(ette).
Posted by guest , Nov 23, 2009 3:07PM
@13 Please shit in your hat and wear it.
-kthnx
Posted by ComfortablySmug , Nov 23, 2009 3:09PM
Where the hell is hotel receipt guy?
Posted by Investorcluzo , Nov 23, 2009 3:10PM
@9 - what do YOU mean when you say "you [people]?" examine your motives...some of "us" think for ourselves and have different tastes.
@JM - interesting, recall the video of her playing cricket:
http://www.cnbc.com/id/15840232?video=743333776&play=1
perhaps those pants were a little more "supportive" (a la spanx) if you know what I mean.
Posted by Joe Mac , Nov 23, 2009 3:22PM
@Cluz No question there are supporting garments at work.
That said, what can we do for MB?
Posted by Investorcluzo , Nov 23, 2009 3:40PM
@JM - nip tuck?
Posted by guest , Nov 23, 2009 3:46PM
That Indians playoff ticket line item was a cheap shot at the Cleve. At least they still have Bron Bron.