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Feds seize Madoff's mansion, yacht, small boat
AP ^
| BRIAN SKOLOFF and By TAMARA LUSH
Posted on 04/01/2009 10:36:23 PM PDT by TigerLikesRooster
Feds seize Madoff's mansion, yacht, small boat
By BRIAN SKOLOFF and By TAMARA LUSH, Associated Press Writers
1 hr 1 min ago
PALM BEACH, Fla. Federal authorities seized disgraced financier Bernard Madoff's Palm Beach mansion, his vintage yacht and a smaller boat Wednesday, part of an effort to recoup assets to pay back investors he swindled. Barry Golden, a spokesman for the U.S. Marshals Service, said about five marshals arrived at the 8,753-square-foot, five-bedroom mansion late Wednesday afternoon, hours after the boats were seized.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: asset; madoff; seizure
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2
posted on
04/01/2009 10:36:51 PM PDT
by
TigerLikesRooster
(from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
To: TigerLikesRooster
Feds seize Madoff's mansion, yacht, small boatThey had better seize his old lady and kids...they have all the money.
3
posted on
04/01/2009 10:38:21 PM PDT
by
Snurple
(VEGETARIAN, OLD INDIAN WORD FOR BAD HUNTER.)
To: Snurple
And scan their brain.:-)
They had better get water-boarding ready in case they don't sing like canaries.:-)
4
posted on
04/01/2009 10:40:03 PM PDT
by
TigerLikesRooster
(from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
To: TigerLikesRooster
I’ll be honest here. I could care less about the Madoff scandel. You had a bunch of humans thinking they had it better as far as the market goes. They got took for a ride based on their love of money. Reading the good book should be their next venture.
To: TigerLikesRooster
OMG, who's next?!
6
posted on
04/01/2009 10:50:58 PM PDT
by
2ndDivisionVet
(In honor of my late father-Gysgt/Comm. Chief, USMC WWII, Korea 1925-2002)
To: 2ndDivisionVet
I hope that seditionist ass had a ton invested.
To: eyedigress
There were and still are lots of them at FR, too.
8
posted on
04/01/2009 11:13:41 PM PDT
by
TigerLikesRooster
(from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
To: TigerLikesRooster
9
posted on
04/01/2009 11:35:40 PM PDT
by
Daaave
("Where it all ends I can't fathom my friends")
To: Daaave
A kind of yacht you usually see in James Bond movie.:-)
10
posted on
04/01/2009 11:36:43 PM PDT
by
TigerLikesRooster
(from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
To: TigerLikesRooster
Something's wrong. The Madoff yacht seized here in Florida is described as a vintage 55-foot yacht named "Bull," a 1969 Rybovich,
worth $2.2 million. Oh. Just read Madoff had 4 yachts. I guess that explains that.
freerepublic.com
11
posted on
04/02/2009 12:10:18 AM PDT
by
Daaave
("Where it all ends I can't fathom my friends")
To: TigerLikesRooster
When will the Feds seize Treasury Secretary Geitner’s assets, Charlie Rangel’s Caribbean retreat and Tom Daschle’s mansion for their tax dodging?
To: TigerLikesRooster
Madoff’s assets wont even pay for the Feds overtime, just a thought.
13
posted on
04/02/2009 2:59:49 AM PDT
by
G-Man 1
To: Daaave
That is not an American flag on the stern. Foreign registry?
14
posted on
04/02/2009 3:36:15 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: TigerLikesRooster
I’d imagine that obuma’s supporters should be along any minute to rip out the copper plumbing, the sinks, the faucets, the toilets, the windows, the lightbulbs, the garage doors, the weather vane, the floors and the rugs.
15
posted on
04/02/2009 3:54:49 AM PDT
by
sergeantdave
(obuma is the anti-Lincoln, trying to re-establish slavery)
To: sergeantdave; TigerLikesRooster
“Id imagine that 0bumas supporters should be along any minute to rip out the copper plumbing, the sinks, the faucets, the toilets, the windows, the light bulbs, the garage doors, the weather vane, the floors and the rugs.”
More ‘shovel ready’ jobs, via 0bama! Or is that ‘Viva, Obama!’? *SPIT*
(I don’t care about Madoff’s losses, either.)
16
posted on
04/02/2009 5:30:51 AM PDT
by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: TigerLikesRooster
This guy wasn’t even smart enough to have an escape plan to a private island somewhere... Whada maroon!
To: TigerLikesRooster
Have you seen Institutional Risk Analysis’ edict that AIG was/is essentially a ponzi scheme? It’s freakin’ crazy, Denninger’s got it excerpted in todays Ticker...
18
posted on
04/02/2009 4:01:41 PM PDT
by
Axenolith
(Government blows, and that which governs least, blows least...)
To: Jimmy Valentine
Registered in George Town, Cayman Islands .
1. Vessels flagged in the Cayman Islands fly the Red Ensign flag and, as British ships, come under the protection of the British Royal Navy. Full British Consular services and Royal Naval assistance and protection for Cayman-flagged vessels are available worldwide.
19
posted on
04/03/2009 12:44:34 AM PDT
by
Daaave
("Where it all ends I can't fathom my friends")
To: Daaave
Thanks. We see a lot of those during the year here in Annapolis, Maryland.
There are probably other reasons like cost etc. for this registry.
20
posted on
04/03/2009 3:56:26 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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