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To: Liz
I've got an interesting question for ya, Liz: Where are the pols on that list? I couldn't find any current members of Congress. They're usually first in line to grab on to what looks like a good deal.

Where were they this time?

Or did they know something voters and investors didn't?

Inquiring minds want to know...

7 posted on 02/06/2009 4:37:00 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: mewzilla
US Sen. Frank Lautenberg (D-NJ), his daughter, Ellen, and disgraced New York Gov. Eliot Spitzer appear on the list. Former New York City Public Advocate, Democrat Mark Green joins his real-estate magnate brother, Stephen, on the list.

Could be pols invested through "feeder funds"----hedge funds that put investors money WITH Madoff. Names could be there rather than on the Madoff official list.

.......a study of who got ripped off and who they voted for would be quite telling....

Madoff financed many politicians. What we know so far:

The Center for Responsive Politics has looked into the matter of the Madoff family’s political contributions between June 1993 and October 2008.

Federal Election Commission records show that members of the Madoff family made some 250 political contributions to 45 candidates and committees totaling $391,350.

The largest individual recipients were Rep. Ed Markey (D-MA), $34,000; Sen. Chuck Schumer (D-NY), $31,000; Sen. Ron Wyden (D-OR), $25,000; Sen. Hillary Rodham Clinton, $23,500; Rep. Richard Gephardt (D-MO), $12,000; Sen. Frank Lautenberg (D-NJ), $6,600; and Sen. John Kerry (D-MA), $4,500. The Democrat Senatorial Campaign Committee, which Schumer currently chairs, received $104,050.

Among Republicans, the lion’s share of Madoff family contributions went, oddly enough, to Rep. Jack Fields (R-TX), $13,000. Sen. John McCain received $2,000.

=======================

Politicians are held to a HIGHER legal standard than ordinary folk. If they are withholding info from authorities, they are guilty of obstructing and delaying justice.

If pols took profits from illegal financial dealings, under the legal principle of "fraudulent conveyance," they have to give the money back......individuals are not allowed to profit from a fraud.

8 posted on 02/06/2009 4:58:08 AM PST by Liz (The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
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