Former NASDAQ boss busted for Ponzi scheme.


Ya know…sometimes I just want to take a baseball bat to these guys. Normally, I am not a violent person….loud and crass yes, but violent…no.

From the FindLaw link above:

A Wall Street powerbroker for nearly 50 years who built an influential firm has confessed to a massive fraud scheme that will cost investors at least $50 billion, federal authorities say.

Bernard L. Madoff, 70, facing a single count of securities fraud, declined to speak with reporters after a federal magistrate judge in U.S. District Court in Manhattan ordered him released Thursday night on $10 million bail.

You know what really jerks my chain in the article? That this bastardo had 10 Million for his bail.

Yet, he didn’t have enough money to make him happy, so he created his little ponzi scheme. Fuck me running, that is downright pathetic.

Greed does some strange shit to some folks don’t it?

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About Dusty, hells most vocal bitch

I am a..brown Cali bitch that is quite the opinionated,political, pain-in-the-ass, in your face kinda girl that also loves baseball and music to a fault. Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.--Albert Einstein-*

Posted on December 13, 2008, in Bernard L Maddoff, greed, NASDAQ. Bookmark the permalink. Leave a comment.

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