MADOFF GAVE THOU$ANDS TO POLS (swindler sucked-up to Dems--Schumer, Hillary, Rangel)

NY POST ^ | 3/05/09 | CATHY BURKE

[Liz]

Ponzi schemer Madoff gave Dems $1000's of dollars. Sen. Charles Schumer tops list with $29,300 from Madoff and family; Schumer's office said it donated $8,000 to police and fire endowments. Madoff or family gave $11,600 to Sen. Frank Lunenburg (D-NJ); Hillary Clinton got nearly $9,000 for Senate and presidential campaigns; Rep. Charles Rangel (D-Harlem) received $2,000.

[Liz]

The BIG quesiton is what did pols do to "earn" contributions from the conniving, calculating Madoff? What did opportunistic Madoff get for his money?

[LottieDah]

“What did opportunistic Madoff get for his money?”

The SEC turning a blind eye to his shennigans.

[txnativegop]

Since Madoff stole the money, and contributed the stolen money to political campaigns, could an argument be made for felony receiving stolen goods? A Question.

[Kansas58]

I hope that Dem investment banker, broker, running for that open seat in New York, had taken some dirty money!

WEll, maybe it won’t matter, voters might just look at his resume!

(ouch, and I am a broker)

[texmexis best]

Madoff looks like a cheapskate.

[Big_Monkey]

"could an argument be made for felony receiving stolen goods?

I think the the focus would be on two key words "willful and knowing". I believe both would be difficult to prove. Although, I don't put much past Chuckyou Schummer.

[eureka!]

I think Lautenberg was an investor too. If so, I hope he had a lot there...

[txnativegop]

How about aiding and abetting?

[Liz]

Since Madoff stole the money, and contributed the stolen money to political campaigns, could an argument be made for felony receiving stolen goods?

I am most familiar with the legal concept of "fraudulent conveyance"----that individuals cannot profit from a fraud.

EXAMPLE: Those clients that took-out payments from Bernie have to give the money back---as the legal process of "discovery" continues----to recover assets to redistribute to investor who were defrauded.

Perhaps lawyers will have to clawback the campaign contributions as part of that process.

[Big_Monkey]

"How about aiding and abetting?

Or "accessory after the fact". But, I wouldn't hold your breath. Democrats can't commit crimes while in public office. Just ask Roland Burris and William Jefferson.

[txnativegop]

Thank you for the (emotional) depression I just entered. *weeping*

[Big_Monkey]

"How about aiding and abetting?

I would add that it wouldn't hurt the GOP to perhaps play a little "What did they know, and when did they know it" game with Clinton, Schummer and Rangal.

[txnativegop]

don’t play a little, SCREAM IT FROM THE MOUNTAINTOP!!!!!!!!

[bpjam]

I’m SHOCKED. Just SHOCKED.

How could Madoff have been some evil as to taint the sterling reputation of these fine public servants by retro-actively connecting himself through financial activity to their careers working to protect the little guy? How could Madoff by some insidious? Who does this kind of thing?

It’s just not fair, I tell you. And I’m going to demand that Keith Olbermann, Rachel Maddow, Chrissy Matthews and the entire CNN network refuse to spend a single minute on this scandalous trashy of the fine public servants of New York City.

(aren’t you all gonna be impressed and practically mystified when my commands to the MSM come true and this story gets banned from the airwaves??? Huh?? Admit it, you’re gonna be impressed. You are going to start wondering about what kind of magical powers I have. And if it really is true that I can fuel my SUV with Unicorn farts and that is how I’m surviving the recession. You know you’re thinking about it right now. And you’re gonna tell your friends. If fact, I COMMAND you to tell your friends about my amazing powers. See, there is no escape. But mom says I have to go to bed now.....)

[Liz]

Madoff looks like a cheapskate.

Depending on what he was after---there are numerous other ways Madoff could have "paid off a pol:"

(1) Wire-transferring large sums to offshore banks out of sight of the FEC, SEC, IRS and US banking laws (the pol gets a copy of the numbered deposit).

(2) Buying large numbers of untraceable casino chips.

(3) Earmarking one of the numerous "charities" attached to Bernie---which are then kickbacked in the form of "payroll checks made out to pols' family members".......and the like.

(4) Manipulating transactions of charities under Bernie's control: such as: (a) loans, the (b) sale, (c) exchange or (d) leasing of tax-exempt property to other "charities," individuals, or donors.

NEED TO DO Authorities should check the "charities" under Bernie's control......particularly how they reported tax-exempt "excess benefit transactions" on Form 990.

[Liz]

......mom says I have to go to bed now.....

Sweet dreams....sleep tight.

[Polynikes]

“What did opportunistic Madoff get for his money? “

House arrest at a multimillion dollar penthouse for starters

[texmexis best]

Considering his history of fraud, it is very likely that he was sending money, possibly to Switzerland, for the Demo pols.

The rumour that he was laundering money for the Russian Mafia also needs to be investigated too.

We need those Swiss bank accounts as quickly as possible.

[Liz]

Democrats can't commit crimes while in public office. Just ask Roland Burris and William Jefferson.

"Resign? Hell no. I paid plenty for this seat.$10K was just the down payment."

"And when I get back to Chicago over recess, Blago said his wife is
gonna play 'Butt Bingo' with me. After she gives me one of her 'specials.'"

"All of that is included in the price I paid for the seat."

" Lookit, I had $90 large ones in my freezer because, as a compassionate Democrat, I was helping out a distinguished foreign dignitary."

"What happened was I got an email from Nigerian General Kachinga Cheatchusuckah who had a problem."

"Now, once Gen Cheatchusuckah transfers Idi Amin's secret Ugandan gold
reserves from the Swiss bank vault to a refrigerated truck I leased..........."

"IT'S GETTING CROWDED AT RANGLE'S TAX-CHEAT BEACH"

Little Tommy's warming his buns on Tax-Cheat Beach, too.

[Liz]

The Ponzian parties. (From Vanity Fair article.)

New Year's Eve pic of smirking Madoff, lounging on his friend
Norman Levy's yacht, while he was stealing millions from Levy.