Bernie Madoff Has A Dream
The Legitimate Years, Part 2.
“I said at the very beginning when I met with the SEC and Picard that my hope is that everyone will receive their principal [which amounts to $20bn]. Back then, everyone laughed. But [Picard] has already recovered $10bn and he will cover $20bn easily. If he is successful, he may get $50bn. That means that there will be $30bn profits to go around, which would make me one of the greatest money managers in modern history.”
From Behind Bars, Madoff Spins History [FT]
Earlier: Bernie Madoff Would Like A Little Credit For All Of His ‘Legitimate’ Achievements In Life