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Mark Madoff: Back In The Game!

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A few months ago there was a tear-jerker of a story about unemployed Americans having difficulty finding new jobs. It highlighted two in particular, who'd been out of work for over a year, due to the shuttering of their company. Their names were Mark and Andy Madoff and they were having a real tough go of it lately. Nobody wanted to hire them out of fear they'd stink up the place with the smell of fish. And, you know, the taint of their former employer. It was depressing as shit, and Mark had taken to crying during interviews. Recently, Andy, along with his girlfriend Catherine Hooper, started a 'disaster recovery firm,' the goal of which is to help people get their affairs in order in the event of a crisis, be it natural or the kind that comes at the hands of a small dick, like losing everything to a Ponzi scheme (just a for instance!). Then there was Mark, who had all but given up asking people to keep him in mind for jobs on a trading desk or in trading technology. By this point even the fish were gently suggesting he pack it in-- but the little Madoff that could would not be defeated. And finally, his persistence has been rewarded!
No one's hired the guy (be serious), so he's decided to do his own thang: last Friday, Mark informed colleagues and friends via email that he's "creating a small research of the projects will a news round-up that captures stories from most major publications." For those interested in a piece of this, the firm will be called Strategic Research (which: might chap the hides of those with similar names not looking to be mistaken for Bernie's second in command). Personally, I wasn't particularly dying to know more but since I had nothing better to do and there was no info the website, I took a walk over to the address listed at the bottom of the email. I actually got sort of excited at the prospect of coming face to face with Mr. M in the two blocks between Dealbreaker and SR's respective headquarters, which was unfortunate for me, as 319 Lafayette Street, #203? Is a UPS store where Mark has a box. Luckily was able to shake off the disappointment by continuing to drink more, but M2M needs your help. Sign up today and let's get him into a proper office space. If you don't do it for yourself, just do it for the laughs (not because this is a joke-- just assuming there's going to be a daily knock-knock).


Former Madoff Employee Pleads Guilty To *A* Madoff Securities Scam Just Not *The* Madoff Securities Scam

You know what has got to suck? When you decide to start charging stuff that doesn't fall under "business expenses" to your corporate card and engage in a few other amateur hours scams that probably wouldn't have been found out (or, if discovered, not taken to the authorities because your boss had high tolerance for fraud) but then they are because the CEO of your firm had to go and engage in the largest Ponzi scheme on record, which shone an uncomfortable light on company personnel and all of the cheese, popcorn, and salsa of the month clubs you joined (for example).  Craig Kugel knows what we're talking about. The son of a longtime trader for convicted Ponzi scheme operator Bernard Madoff pleaded guilty to conspiracy and other criminal charges Tuesday, but denied any involvement in the decades-long fraud. Craig Kugel, the son of David L. Kugel, a former supervisory trader in Madoff's proprietary-trading operation, admitted to filing false forms that claimed people were on the Madoff payroll when they didn't actually work for the firm and to not declaring as income personal expenses charged to the firm's corporate credit card. Those individuals were paid salary and benefits, but weren't actual employees, he said. "I am sorry for my lapses in judgment in committing these federal crimes, but I want to make clear I had nothing to do with the Madoff Ponzi scheme and I was never involved in the Madoff trading operation," Craig Kugel said at a hearing before U.S. District Judge Laura Taylor Swain in Manhattan. Ex-Madoff Employee Pleads Guilty to Conspiracy [WSJ]