Ugh, this guy.

The first thing is please don’t forget to sign up for Mark’s daily newsletter. The second, which you’d think would be abundantly clear but apparently not: these guys are victims! Yeah, they were Bernie’s second and third in command at Ponzi Nation but victims! Victims “of their father’s terrible crimes.” Victims of his scam. Victims of the DNA he passed on their way. VIC-TIMS. Victims. Owing to their victim status, the boys have submitted a filing with the U.S. Bankruptcy Court, Southern District of New York, requesting that all complaints against them be dropped.

“Long on rhetoric, but short on legal or factual support, this is a case that as a matter of fairness never should have been brought, and as a matter of law should be dismissed,” the sons said in the filing.

In related news, Peter Madoff, bro of Berns, wants to tell you something too, via his lawyer.

Peter Madoff’s attorney, Charles Spada, said his client is “devastated” by the scandal. “Peter Madoff is not Bernard Madoff,” Spada writes, noting that the arrest of Bernard Madoff “abruptly terminated Peter Madoff’s successful career,” leaving him “mired in litigation.”

“The Trustee’s Complaint is a sensationalistic attempt to lump together members of the Madoff family and create liability by association,” the statement continued.

30 comments (hidden to protect delicate sensibilities)
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Comments (30)

  1. Posted by Anonymous | March 16, 2010 at 1:06 PM

    I have my suspicions about paternity. A DNA test will bring the tRuth out into the open, Ruth. A cock as small as mine can’t possibly produce issue.

  2. Posted by Hooper | March 16, 2010 at 1:12 PM

    Anyone for fishing?

  3. Posted by Death | March 16, 2010 at 1:16 PM

    Come on, there are no victims only morons!! If your investment manager is not charging fees, and is “making it up on volume” (more or less), step back and think about that for a second. If you were in Brazil and a whore said she wanted to give you a free sex because she was making it up on volume, what she really means is that you will wake up down a kidney or two. No different with an investment manager.

  4. Posted by Mitch Cumstein | March 16, 2010 at 1:16 PM

    2,

    For some reason, that was the funniest comment I’ve read in a long time.

    Much appreciated.

    BTW – white people with dreads/braids should be exterminated.
    http://dealbreaker.com/_old/images/thumbs/Picture%20496.png

  5. Posted by Anonymous | March 16, 2010 at 1:19 PM

    hxhxhxhxhxhx “MARK AND ANDY, I AM YOUR FATHER” xhxhxhxhxhxhx

    D.V.

  6. Posted by american bandersnatch | March 16, 2010 at 1:27 PM

    I believe them. Mark and Andy are complete and absolute morons. No way Bernie let them in on the secret as he knew they were too dumb to compartmentalize the information. Sometimes being no smarter than a trout can come in handy.

  7. Posted by Anonymous | March 16, 2010 at 1:32 PM

    Unreported, but noteworthy, they have also petitioned the Surrogates’ Court to have their names changed.

  8. Posted by Anonymous | March 16, 2010 at 1:33 PM

    @6 are you sure? I though that was just Stephanie Madoff and her kids?

  9. Posted by Bess Levin | March 16, 2010 at 1:36 PM

    @AB I go back and forth but mostly agree. They strike me as himbos and there’s also the fact that they spent 4 out of every 5 working days out of the office posing with fish.

  10. Posted by Anonymous | March 16, 2010 at 1:36 PM

    @7 is correct

    Only thing they can really hit the kids for are the loans they took from their father to buy their homes which they never intended to pay back.

  11. Posted by Anonymous | March 16, 2010 at 1:41 PM

    A cautiionary tale to any kids who think that clinging to Daddy’s coat tails is a good alternative for building a career of your own. I don’t really care if they were complicit or not. We get one go at life on this planet and if all you can think of doing with it is being a footnote to your father’s biography you deserve nothing but contempt.

  12. Posted by Anonymous | March 16, 2010 at 1:53 PM

    @ 10 = Brody Jenner

  13. Posted by guest | March 16, 2010 at 1:55 PM

    Oh, sure, back when these two boys were swimming with the sharks, the world was their oyster and they had a whale of a time, but now that they’re on the hook, they’re both slippery as eels. Sorry, I don’t buy the fish story.

  14. Posted by Anonymous | March 16, 2010 at 2:03 PM

    @2 – Try something other than copying and pasting next time

    http://longorshortcapital.com/doing-diligence.htm

  15. Posted by mrs p | March 16, 2010 at 2:03 PM

    Not having read the latest filing yet, I wonder how Mark dispatched the trustee’s claim that he made $18 million from a $745k investment.

  16. Posted by Anonymous | March 16, 2010 at 2:10 PM

    Why don’t they go after Peter’s son Roger. Oh that’s right, he is the only one to of had the decency to die already.

  17. Posted by Anonymous | March 16, 2010 at 2:11 PM

    Why don’t they go after Peter’s son Roger. Oh that’s right, he is the only one to of had the decency to die already.

  18. Posted by Anonymous | March 16, 2010 at 2:12 PM

    Why don’t they go after Peter’s son Roger. Oh that’s right, he is the only one to of had the decency to die already.

  19. Posted by Anonymous | March 16, 2010 at 2:22 PM

    @6 please do not insult trout in the that way, a Madoff is much dumber.

    @16 – 18, that is just wrong.

    - Signed Trouser Trout

  20. Posted by Anonymous | March 16, 2010 at 3:41 PM

    They are changing their names to Andy and Mark. Works on so many levels.

  21. Posted by Anonymous | March 16, 2010 at 4:19 PM

    Watch Damages (with Glenn Close). The storyline this season is the Madoff story. The writers suggest very intriguing scenarios.

  22. Posted by Tex | March 16, 2010 at 4:49 PM

    If you think Madoff ran a huge scam, Amway has ripped off millions of people for several decades, to the tune of 10s of billions of dollars.

    Amway is a scam, and here’s why: Amway pays out as little money as they can get away with, so they support the higher level IBOs ripping off their downline via the tool scam.

    As a result, about 99% of IBOs operate at a net loss, while the top 1% make several TIMES more from their Amway tool scam than from the Amway products. This was made illegal in the UK in 2008, but our FTC is unable to pull their heads out of their butts to stop it here.

    Read about it on my blog, I suggest you start here: http://thenetprofitgroup.yolasite.com and forward the information to everyone you know, so they don’t get scammed.

  23. Posted by Huge News | March 16, 2010 at 5:54 PM

    I hear they changed their name to David and jeff Madoff. Stephanie Madoff is now “the girl formally known as Stephanie Madoff”

  24. Posted by mrs p | March 16, 2010 at 6:03 PM

    I read Mark and Andrew’s request to dismiss Picard’s suit and, basically, they say they had no idea how $18 million got into each of their accounts and it wasn’t up to them to figure it out.

  25. Posted by pgb | March 16, 2010 at 7:01 PM

    Enough with Madoff already. I saw there’s even a Madoff COLORING book on Amazon.

  26. Posted by Anonymous | March 16, 2010 at 7:02 PM

    @25 great story.

  27. Posted by thewiseking | March 17, 2010 at 10:38 AM

    It is clear that Bernie did not do this alone.
    At Madoff securities there were 244 special non-split strike accounts which were not run by Frank DiPascali. These were comprised of friends, family, insiders and feeders with returns exceeding 100%. (See Madoff Trustees court filing #524 of Oct 16) These accounts steadily drained BLMIS of billions while the rubes continued to invest in good faith and got 10-12% and the indirect investors in feeder funds were hit with additional fees.

    For a bankruptcy trustee pursuing fraudulent conveyance lawsuits and for the Feds or DOJ pursuing criminal charges this is where the money is.

  28. Posted by thewiseking | March 17, 2010 at 10:41 AM

    It is clear that Bernie did not do this alone.
    At Madoff securities there were 244 special non-split strike accounts which were not run by Frank DiPascali. These were comprised of friends, family, insiders and feeders with returns exceeding100%. (See Madoff Trustees court filing #524 of Oct 16) These accounts steadily drained BLMIS of billions while the rubes continued to invest in good faith and got 10-12% and the indirect investors in feeder funds were hit with additional fees.

    For a bankruptcy trustee pursuing fraudulent conveyance lawsuits and for the Feds or DOJ pursuing criminal charges this is where the money is.

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