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$50 billion at stake after Wall St broker Bernard Madoff is arrested over ‘world’s biggest swindle’
Times Online ^ | 13 Dec 08 | Tim Reid

Posted on 12/13/2008 3:21:11 AM PST by SkyPilot

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To: Eye of Unk

They spend it on expensive “stuff”.


21 posted on 12/13/2008 4:11:36 AM PST by FES0844 (FES0844)
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To: kms61
"Another thought: I wonder if Rush had any money parked with him."

Me too :(

sw

22 posted on 12/13/2008 4:14:03 AM PST by spectre (Spectre's wife)
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To: kms61

Check his website. Rush said he had no money with him.


23 posted on 12/13/2008 4:17:23 AM PST by arjay (I would rather be right than consistent.)
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To: CutePuppy
One investor told The Wall Street Journal: “This is going to kill so many people. It’s absolutely awful.” Ira Roth, from New Jersey, said that his family had $1 million invested, and that he was in a state of panic.

A search of Open Secrets doesn't find any donor named Ira Roth   but Roths from NJ show 39 donations  for 29.750 for Obama.and 12 for 7,200 for McCain

I have a sneaking suspicion that allot of the money he lost came from liberals

24 posted on 12/13/2008 4:18:40 AM PST by grjr21
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To: grjr21; eCSMaster
Andrew Calamari, a senior enforcement official ...
They have tentacles everywhere.

Squid pro quo.

You people are way to clever for this hour of the AM. ;o)

25 posted on 12/13/2008 4:21:30 AM PST by BluH2o
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To: SkyPilot
I would say Paulson's trillions are the biggest swindle!!!
26 posted on 12/13/2008 4:21:50 AM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: TheWasteLand
These next few months will be very *interesting* - as in calling into question financial models that have been used for the last 30 years *interesting*. Armageddon on Wall Street that will make the last couple months look like a walk in the park.

I agree.

And the "solution" will be?

I predict Obama waltzing into the UN on prime time TV and demanding a "Global" system that will be "regulated" to "protect" the "World."

27 posted on 12/13/2008 4:23:02 AM PST by SkyPilot
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To: Gatún(CraigIsaMangoTreeLawyer); grjr21

Yummy!


28 posted on 12/13/2008 4:23:11 AM PST by G.Mason (Duty, Honor, Country)
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To: Dr. Ursus
The United States has been a ponzi scheme for about the last 25 years.

Ssshhhhhhhhhhhh!

You are going to ruin it for everyone!

29 posted on 12/13/2008 4:23:37 AM PST by SkyPilot
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To: Jan Hus
Serves the Schmaarters right! OiOi gevalt!

Harry! When are you goin' to take me to Miami!?

30 posted on 12/13/2008 4:24:13 AM PST by SkyPilot
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To: eCSMaster
“They have tentacles everywhere” Squid pro quo.

bravo!

31 posted on 12/13/2008 4:24:24 AM PST by tiredoflaundry (Sometimes, I guess there's just not enough bags of popcorn.)
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To: Eye of Unk
So exactly where did all the money go?

There never was any money.

As Willie Wonka once said: "Pure Imagination."

There should be a new reality show on Bravo entitled:

"The Real Pretentious Housewives of The Hamptons Who Now Realize Their Fat Slob Husbands Have No Real Money."

32 posted on 12/13/2008 4:27:30 AM PST by SkyPilot
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To: 4rcane
I’ll bet this guy (Bernard Madoff) is a democrat

DING!

You are a winner!

http://www.newsmeat.com/fec/bystate_detail.php?last=Madoff&first=Bernard

MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L. MADOFF INVEST.-SEC./CHAI DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000 primary 09/12/08 Madoff, Bernard L. Mr. New York, NY 10021 Bernard L. Madoff Investment Securi SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE $5,000 primary 08/20/08 MADOFF, BERNARD NEW YORK, NY 10022 SELF EMPLOYED/INVESTOR MERKLEY, JEFFREY ALAN (D) Senate - OR JEFF MERKLEY FOR OREGON $2,300 primary 04/24/08 Madoff, Bernard L. New York, NY 10021 SAUL, ANDREW MARSHALL (R) House (NY 19) SAUL FOR CONGRESS INC $-2,300 primary 12/05/07 Madoff, Bernard L New York, NY 10021 Bernard Madoff Investment/Chairman LAUTENBERG, FRANK R (D) Senate - NJ LAUTENBERG NJ VICTORY COMMITTEE $5,000 primary 07/20/07 Madoff, Bernard L New York, NY 10021 Bernard Madoff Investment/Chairman LAUTENBERG, FRANK R (D) Senate - NJ LAUTENBERG NJ VICTORY COMMITTEE $2,300 primary 07/20/07 Madoff, Bernard L New York, NY 10021 Bernard Madoff Investment/Chairman LAUTENBERG, FRANK R (D) Senate - NJ LAUTENBERG NJ VICTORY COMMITTEE $300 primary 07/20/07 Madoff, Bernard L. New York, NY 10021 Bernard L. Madoff Investment/Chairm SAUL, ANDREW MARSHALL (R) House (NY 19) SAUL FOR CONGRESS INC $2,300 primary 07/10/07 Madoff, Bernard L Mr. New York, NY 10021 Bernard L. Madoff Investment Securi SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE $5,000 primary 05/24/07 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L. MADOFF INVEST.-SEC./CHAI DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000 primary 05/04/07 Madoff, Bernard L Mr. New York, NY 10021 Bernard L. Madoff Investment Securi SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $5,000 primary 10/17/06 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L. MADOFF INVEST. SEC./CHAI DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000 primary 09/30/06 Madoff, Bernard L Mr. New York, NY 10021 Bernard L. Madoff Investment Securi SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $5,000 primary 09/22/05 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVEST SEC DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE (D) $25,000 primary 05/09/05 Madoff, Bernard New York, NY 10021 Madoff Investments/Chairman MATHESON, JAMES (D) House (UT 02) MATHESON FOR CONGRESS $250 general 10/18/04 Madoff, Bernard New York, NY 10021 Self-employed/Banker HOOLEY, DARLENE (D) House (OR 05) HOOLEY FOR CONGRESS $250 general 10/15/04 Madoff, Bernard L New York, NY 10021 FROST, MARTIN (D) House (TX 32) MARTIN FROST CAMPAIGN COMMITTEE $250 general 10/15/04 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D) Senate - NY FRIENDS OF SCHUMER $1,000 general 08/18/04 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D) Senate - NY FRIENDS OF SCHUMER $1,000 primary 08/18/04 Madoff, Bernard L Mr. New York, NY 10021 Madoff (Bernard L.) Investment Secu SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $5,000 primary 07/08/04 Madoff, Bernard L New York, NY 10021 Madoff Investments/Chairman MARKEY, EDWARD J MR. (D) House (MA 07) MARKEY COMMITTEE, THE $2,000 primary 06/17/04 Madoff, Bernard L New York, NY 10021 Madoff Investments/Chairman MARKEY, EDWARD J MR. (D) House (MA 07) MARKEY COMMITTEE, THE $2,000 general 06/17/04 MADOFF, BERNARD NEW YORK, NY 10021 BERNARD MADOFF INVESTMENTS LAUTENBERG, FRANK R (D) Senate - NJ LAUTENBERG FOR SENATE $1,000 02/18/04 Madoff, Bernard L New York, NY 10021 Bernard L Madoff/Chairman GEPHARDT, RICHARD A (D) President GEPHARDT FOR PRESIDENT INC. $2,000 primary 09/23/03 MADOFF, BERNARD NEW YORK, NY 10021 BERNARD MADOFF INVESTMENTS WYDEN, RONALD LEE (D) Senate - OR WYDEN FOR SENATE $2,000 primary 03/25/03 MADOFF, BERNARD NEW YORK, NY 10021 BERNARD MADOFF INVESTMENTS WYDEN, RONALD LEE (D) Senate - OR WYDEN FOR SENATE $2,000 general 03/25/03 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D) Senate - NY FRIENDS OF SCHUMER $1,000 general 04/08/02 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVESTMENTS SCHUMER, CHARLES E (D) Senate - NY FRIENDS OF SCHUMER $1,000 primary 04/08/02 Madoff, Bernard L. New York, NY 10022 Bernard L. Madoff P.C./Chairman RANGEL, CHARLES B (D) House (NY 15) RANGEL FOR CONGRESS $1,000 primary 08/30/01 MADOFF, BERNARD NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $2,000 primary 11/03/00 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD MADOFF INVESTMENT SEC FOSSELLA, VITO (R) House (NY 13) COMMITTEE TO RE-ELECT VITO FOSSELLA $1,000 primary 04/20/00 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD MADOFF INC OBEY, DAVID R (D) House (WI 07) A LOT OF PEOPLE FOR DAVE OBEY $1,000 primary 03/10/00 MADOFF, BERNARD NEW YORK, NY 10022 CHAIRMAN CLINTON, HILLARY RODHAM (D) Senate - NY HILLARY RODHAM CLINTON FOR US SENATE COMMITTEE INC $1,000 primary 01/13/00 MADOFF, BERNARD NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $2,000 primary 12/20/99 MADOFF, BERNARD NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION FUND A $2,000 primary 12/20/99 MADOFF, BERNARD NEW YORK, NY 10021 MADOFF SECURITIES CORZINE, JON S (D) Senate - NJ CORZINE 2000 INC $1,000 primary 08/24/99 Madoff, Bernard Mr. New York, NY 10021 Bernard Madoff Investment Securitie BRADLEY, BILL (D) President BILL BRADLEY FOR PRESIDENT INC $1,000 primary 04/26/99 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D) Senate - NY VICTORY IN NEW YORK $1,000 primary 10/30/98 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L MADOFF PC RANGEL, CHARLES B (D) House (NY 15) RANGEL FOR CONGRESS $1,000 general 10/23/98 MADOFF, BERNARD L NEW YORK, NY 10021 SELF-EMPLOYED D'AMATO, ALFONSE M (R) Senate - NY FRIENDS OF SENATOR D'AMATO (1998 COMMITTEE) $1,000 general 09/21/98 MADOFF, BERNARD NEW YORK, NY 10022 CROWLEY, JOSEPH (D) House (NY 07) CROWLEY FOR CONGRESS $-500 primary 08/26/98 MADOFF, BERNARD NEW YORK, NY 10022 BOND BROKER CROWLEY, JOSEPH (D) House (NY 07) CROWLEY FOR CONGRESS $500 primary 08/04/98 MADOFF, BERNARD NEW YORK, NY 10021 SCHUMER, CHARLES E (D) Senate - NY SCHUMER '98 $-300 primary 06/29/98 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D) Senate - NY SCHUMER '98 $1,000 primary 05/22/98 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D) Senate - NY SCHUMER '98 $1,000 general 05/22/98 MADOFF, BERNARD L NEW YORK, NY 10021 MADOFF INVESTMENTS MARKEY, EDWARD J MR. (D) House (MA 07) MARKEY COMMITTEE, THE $1,000 primary 05/15/98 MADOFF, BERNARD L NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT TAUZIN, WILBERT J II (R) House (LA 03) BILLY TAUZIN CONGRESSIONAL COMMITTEE THE $1,000 primary 05/05/98 MADOFF, BERNARD NEW YORK, NY 10022 BERNARD L MADOFF INVESTMENT SECURIT SCHUMER, CHARLES E (D) Senate - NY SCHUMER '98 $300 primary 03/31/98 MADOFF, BERNARD L NEW YORK, NY 10021 BERNARD L MADOFF CO FRISA, DANIEL (R) House (NY 04) DAN FRISA FOR CONGRESS $1,000 general 09/17/96 MADOFF, BERNARD L NEW YORK, NY 10021 MADOFF SECURITIES MARKEY, EDWARD J MR. (D) House (MA 07) MARKEY COMMITTEE, THE $1,000 primary 08/04/96

33 posted on 12/13/2008 4:34:31 AM PST by SkyPilot
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To: Dr. Ursus

Yeah, it means sex (in some fashion.) When dealing, or reading about college kids...the urban dictionary is your friend. http://urbandictionary.com

After talking with a college student I learned there especially crude words that describe the situation (which I won’t post here.)


34 posted on 12/13/2008 4:35:42 AM PST by Dawn531
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To: SkyPilot

Based on that picture, if that Madoff guy has to do any time he will not survive. Even at a minimum security federal jail like Pete Rose was in would overwhelm someone as soft as he appears.


35 posted on 12/13/2008 4:37:33 AM PST by MovementConservative (In 4 years GW Bush and the free-spending republicans have almost completely destroyed the GOP.)
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To: G.Mason; BluH2o; eCSMaster; tiredoflaundry

He may have been caught by a Calamari but Madoff is the one with the most suckers:)


36 posted on 12/13/2008 4:38:17 AM PST by grjr21
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To: Dr. Ursus

“The United States has been a ponzi scheme for about the las 25 years.”

Yes, but the Government competition...So to jail he goes!


37 posted on 12/13/2008 4:38:38 AM PST by Sergeant_Ronbo
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To: spectre

hmmm....was Rush on the air yesterday? My local radio station was pre-empted by a charity telethon.


38 posted on 12/13/2008 4:39:42 AM PST by vanilla swirl
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To: SkyPilot

I am shocked. Yes, SHOCKED! This guy is a DEMOCRAT!


39 posted on 12/13/2008 4:41:04 AM PST by Sergeant_Ronbo
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To: SkyPilot

Interesting but difficult to read. Format is the operative word.


40 posted on 12/13/2008 4:46:15 AM PST by BluH2o
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