Announcement

Collapse
No announcement yet.

can the Madoff payoffs drain the SIPC?

Collapse

Unconfigured Ad Widget

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    So you got out early and are counting your blessings? Count again.

    http://online.wsj.com/article/SB1236815 ... lenews_wsj

    http://www.latimes.com/business/la-fi-c ... 1744.story
    There are no strings on me

    Comment


    • #17
      Am I the only one who figures Madoff won't spend long in the slam... because he won't spend long anywhere? His giving himself up, I thought from the get-go, indicated that his doctor probably gave him some very bad news.

      Comment


      • #18
        Originally posted by gh
        Am I the only one who figures Madoff won't spend long in the slam... because he won't spend long anywhere? His giving himself up, I thought from the get-go, indicated that his doctor probably gave him some very bad news.
        If that were the case why not fight, and appeal if(when) you lose? You would probably die before all the appeals were exhausted.

        No, I suspect there has been a deal worked behind closed doors. My prediction? Eligible for parole in 10-15.
        There are no strings on me

        Comment


        • #19
          Originally posted by gh
          Am I the only one who figures Madoff won't spend long in the slam... because he won't spend long anywhere? His giving himself up, I thought from the get-go, indicated that his doctor probably gave him some very bad news.
          News that can keep you out of jail has got to be worth alot of money to a millionaire.
          ... nothing really ever changes my friend, new lines for old, new lines for old.

          Comment


          • #20
            I am just hoping, they'll go after the entire family and confiscate everything.
            "A beautiful theory killed by an ugly fact."
            by Thomas Henry Huxley

            Comment


            • #21
              Originally posted by guru
              No, I suspect there has been a deal worked behind closed doors. My prediction? Eligible for parole in 10-15.
              I very much doubt that.

              Comment


              • #22
                Also, Madoff wont exactly be going to Attica. He very well may be living with a higher quality of life than a number of his victims will be able to.

                One notable white-collar federal destination -

                There are no strings on me

                Comment


                • #23
                  I' expect that he'll eventually be sent to a minimum security place where many of his fellow inmates will be white-collar criminals. Meanwhile, however, he's in a small cell in a Manhattan jail. Not a country club by any means.

                  Comment


                  • #24
                    Originally posted by Pego
                    I am just hoping, they'll go after the entire family and confiscate everything.
                    I agree, the wife syphoning off money makes her an accomplice in my book.

                    Comment


                    • #25
                      Originally posted by Pego
                      I am just hoping, they'll go after the entire family and confiscate everything.
                      They may be going after groups and individuals that were defrauded by Madoff...interesting twist.

                      "Look out victims, the government wants its share now"

                      cman

                      Comment


                      • #26
                        Mrs. M getting some lovin' from the Feds too

                        http://www.sfgate.com/cgi-bin/article.c ... 002&sc=922

                        Comment


                        • #27
                          Toys starting to disappear: http://money.cnn.com/2009/04/01/news/co ... /index.htm

                          Comment

                          Working...
                          X