Ponzi Boy Speaks

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Per CNBC, whose David Faber reamed a victim earlier for not holding any "rancor" against the Master, Madoff has stated: "I operated a Ponzi scheme for many years. I am grateful for this opportunity to speak.* Deeply sorry and ashamed. I cannot adequately express how sorry I am for what I have done. Victims of my fraud include individuals, charities, pension and hedge funds."
Update: The above sounds pretty contrite and sincere, doesn't it? That's how we took it but the bit about how he did it cause he felt "compelled to meet investor expectations"? Oh, did you Ponzi Boy? Did you feel pressure? Our favorite midwestern hedge fund manager probably felt some pressure too, but did he start a Ponz (that we know of)? No. He took his 50% in losses like a man.
*I can't get a word in edgewise these days without Ruth shouting "You shut your mouth when you're talking to me. You got us into this, you imbecile. And take out the trash! Oh wait, you can't leave the house. Idiot."

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