View Full Version : [Karma] Madoff gets 150 years
187CAM
06-29-2009, 12:43 PM
Serves him well. Now THATS Karma.
nooshinjohn
06-29-2009, 12:47 PM
great... now my tax dollars get to take care of his stupid ass. To bad "The Running Man" is not a legitimate game show.
a very bad person who hurt alot of people .
There are A LOT MORE where this GUY came from, I'm afraid. And the majority of them FEEL ENTITLED to what they have MADE! The key word here is MADE...because they MAKE NOTHING...they leech the dollars of others and claim to be Captains of Capitalism? We should beware of anyone who is a "Captain", very very wary of them!
Madoff proves that W.S. is populated by self-interested boys and girls that help run our economy (into the ground, that is).
cnh
JohnLocke88
06-30-2009, 02:22 AM
There are A LOT MORE where this GUY came from, I'm afraid. And the majority of them FEEL ENTITLED to what they have MADE! The key word here is MADE...because they MAKE NOTHING...they leech the dollars of others and claim to be Captains of Capitalism? We should beware of anyone who is a "Captain", very very wary of them!
Madoff proves that W.S. is populated by self-interested boys and girls that help run our economy (into the ground, that is).
cnh
I agree. It's about time we show these capitalist pigs who's boss, eh comrade!? AYE MOTHERLAND!!!
In all seriousness, glad they threw the book at him. Rational self interest is great; it runs our economy; greed (like this) is destructive.
Good riddance.
Lasareath
06-30-2009, 03:01 AM
I think they should draw and quarter him
reeltrouble1
06-30-2009, 10:01 AM
I believe Mr. Madoff should be stood up with his eyes held open, he should then have his head set so it can only look straight forward at a monitor, the faces of every person he has cheated will then continously scroll across the monitor, once everyday for the rest of his life one of these persons he stole from shall enter his cell as the Stock Market closes and give him one good bust in his chops.
madmax
06-30-2009, 11:32 AM
I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
madmax
venomclan
06-30-2009, 12:02 PM
I would have sent him to Gtmo.
nooshinjohn
06-30-2009, 01:08 PM
I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
madmax This guy tortured thousands of people by blowing everything they had for retirement after leading them to believe they had millions they could count on! He deserves what he got and then some....
madmax
06-30-2009, 01:24 PM
This guy tortured thousands of people by blowing everything they had for retirement after leading them to believe they had millions they could count on!
Hmmm... Reminds me of someone in the white house. :D
dragon1952
06-30-2009, 03:19 PM
I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
madmax
You should probably disagree with the OP's sentences then. Madoff's was appropriate. No way he should ever get out and enjoy the millionaire life again.
nooshinjohn
06-30-2009, 03:21 PM
Hmmm... Reminds me of someone in the white house. :D
I actually agree with you just this once!:p
madmax
06-30-2009, 06:21 PM
You should probably disagree with the OP's sentences then.
Not sure what the "OP's sentences are. :confused:
wizzy
06-30-2009, 07:12 PM
Should have got his nuts ripped off with a couple old, dirty, rusty fish hooks.
dragon1952
06-30-2009, 10:08 PM
Not sure what the "OP's sentences are. :confused:
The "OP (other people)" are the "lot of worse people out there who only get a few years for torturing and killing people" So, I guess the OP's sentences are "a few years" :D
fossy
06-30-2009, 10:21 PM
Should have got his nuts ripped off with a couple old, dirty, rusty fish hooks.
I like it..... I'd be willing to bet.... good fish bait....:D:D
obieone
06-30-2009, 10:24 PM
According to news reports, he won't be ALONE. They're indicting 10 other people from his organization, so.....The Karma continues!
JMO, but I think it'll be his wife, 2 sons, brother, accountant, and....can't even venture a guess as to the rest?
I-SIG
06-30-2009, 11:20 PM
Not that what he did was right, but a lot of those people that lost everything made the cardinal sin of investing: no diversification. One way or another, all their money ended up in the Madoff basket.
Again, I'm not condoning his actions, but people need to take at least a small look in the mirror if they put every red cent they had with one guy/stock/bond/etc.
Wes
Not that what he did was right, but a lot of those people that lost everything made the cardinal sin of investing: no diversification. One way or another, all their money ended up in the Madoff basket.
Again, I'm not condoning his actions, but people need to take at least a small look in the mirror if they put every red cent they had with one guy/stock/bond/etc.
Wes
That's a fair point. You should use some common sense about where you have your money. But these days almost nothing is a safe bet, at least until we rebound. Maybe some Treasuries if we don't have rampant inflation soon?
cnh
Hillbilly61
06-30-2009, 11:37 PM
Cool!
This wasn't known today when a Madoff conversation came up at work, but, generally the statement was made and agreed too that while the investors were ripped off, they kind of set themselves up to being ripped off by following greed. Outlandish returns are not the norm to be made with investments over the long term. This guy had his scam going on for years.
I heard in passing the other day some other guy is now being prosecuted for setting up an $8B ponzi scheme. Same deal, just a smaller (but very large) number. It is the greed of the investors that make these things possible.
It will be interesting to see how Madoff's massive estate gets cleaned out. He has a wife involved that is somehow claiming ignorance. The powers that be did not prosecute her, but material I have heard and read suggest that she was not all that innocent concerning what is going on in and of herself.
All the same, it all goes back to the adage saying "If it is too good to be true, then it is not." Many investors forgot that fact when entrusting Madoff with their money. The Janus mutal fund situation isn't all that different. Greed made the investors vulnerable to being ripped off.
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