Posted on 02/07/2009 6:04:49 AM PST by Loyalist
Phillip Robinson has survived the Second World War, the Great Depression, a broken marriage and more than a few business scrapes. Now at age 83, he has one more challenge to face – surviving Bernard Madoff.
For 20 years, Mr. Robinson believed his life savings were being well managed by Mr. Madoff's New York-based investment firm. He met Mr. Madoff in 1988 and was so impressed that he sunk $4-million into his funds over the years.
His connections to Mr. Madoff surfaced in a court filing yesterday in New York that revealed the scope of Mr. Madoff's client base in the United States and Canada.
....
Two other names were more puzzling – Herb and Ruth Gamberg, a pair of modest, left-leaning professors who came to Halifax in the 1960s and taught at Dalhousie University before they retired.
Mr. Gamberg, 75, is regarded as one of the world's leading Marxist scholars, according to a documentary about his life under development by Halifax director Walter Forsyth. He grew up in Worcester, Mass., and on his trips home from Brandeis University he would play pickup basketball with his younger friend, Abbie Hoffman, the radical social activist who comprised part of the Chicago Seven. After coming to Canada, he helped establish the Foundation Year Program at King's College, and became one of the early members of Dalhousie's sociology department, writing on everything from prison reform to socialism to the history of Nova Scotia's political left.
Although they are retired, the Gambergs remain politically energized. They added their names to a petition nominating folk singer Pete Seeger for a Nobel Peace Prize, and were among a group of signatories protesting Barrick Gold's Pascua Lama mining project in Chile.
The Gambergs could not be reached for comment yesterday.
(Excerpt) Read more at business.theglobeandmail.com ...
A Marxist professor succumbing to capitalist greed and losing his shirt to a shyster?
What does that say for the good professor's commitment to the holy gospel of Marx?
Being a scholar in a failed economic system is one thing, still believing in Marxism after knowing all the blood it has shed and treaure it has wasted is down right stupid.
So much for "scholarship".
Maybe instead of focusing so intently on the trees he should have looked the forrest.
Dance with the devil, you’re gonna get burned.
Sounds as if the commitment's still there.
Wonder how many of Madoff’s clients wrote checks to Ohbummer’s campaign?
Pray for America and Our Troops
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