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I bet a lot of people are happy about this one (not me of course)

https://www.msn.com/en-us/money/mark...BingNewsSearch

Ponzi schemer Bernie Madoff dies in prison

Bernie Madoff, 82, died at the Federal Medical Center in Butner, N.C., apparently from natural causes.

Quote:

A court-appointed trustee has recovered more than $13 billion of an estimated $17.5 billion that investors
put into Madoff’s business. At the time of Madoff’s arrest, fake account statements were telling clients they had
holdings worth $60 billion.

What I would call a real 'con man'

He was going to die in a cell. It was just a matter of when.

I am sure the prison can use that cell for someone else

Considering how many people lost their life savings and retirements that Bernie stole, I say good riddance.

for how many people lives he ruin best thing he can do is feed the worms

I heard that even nuns lost money to Bernie, but I couldn't find that story.

Here's the biggest loser I heard of ... not Larry Kings 700k, but his friend Fred Wilpon, owner of the New York Mets to the tune of $500 million dollars :o

Quote:

Larry King met Madoff through his childhood friend Fred Wilpon, owner of the New York Mets. At the time, King and his wife were looking for a reputable investment firm, and Wilpon suggested he look into Madoff but warned King that the money manager was known for being selective about his clientele. King experienced Madoff's choosiness firsthand, as the latter accepted King into his firm but not King's brother.

When Madoff was arrested in 2008, the broadcasting legend suffered a $700K loss but thankfully, was able to recover it within a few years.

"If I could interview one person on the planet, it'd be Bernie Madoff and the obvious [question] would be 'Why? Why did you do this to people?'" King said.

King's friend, Wilpon, would come out of the Madoff scandal much worse off, taking a hit of $500 million.

Is there any reason why his wife (who did the books at his firm) was allowed to remain free? She should've been tossed in a cell just the same as him. At least one of his corrupt offspring had the decency to hang himself after the whole house of cards collapsed.

"May he burn a long time in the worst parts, in the deepest pits, in the hottest precincts of Hell.", George Carlin. Sounds like a fitting epitaph for a scum like Madoff.

I always have had this standpoint regarding criminals

Whatever they may have done, they shall have a fair trail and their defense shall do their utterly best.

If a guilty person get a free verdict - it's not the criminal fault, but the prosecutor how failed in doing their job together with the police or their defense have done a splendid job.

This is my own standpoint.

Markus

If something seems too good to be true, it probably is.

If it wasn't for these greedy bastards wanting better returns for their invested money in the first place there wouldn't be any need for people like Madoff would there?.