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Madoff Client List Keeps Growing... Includes U.S. Senator!

Started by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008
Discussion about
ouch, scamming a U.S. Senator is probably a good way to make sure that you go to jail for the rest of your life! Lautenberg charity hit hard in Madoff scandalBy VICTOR EPSTEIN | NEWARK, N.J. - (AP) _ The attorney for U.S. Sen. Frank Lautenberg's charitable foundation said its ability to make future donations has suffered a severe blow in the alleged fraud scheme run by Wall Street money manager Bernard Madoff. http://www.newsday.com/news/local/wire/newjersey/ny-bc-nj--madoffscandal-lau1216dec16,0,7081417.story
Response by patient09
over 17 years ago
Posts: 1571
Member since: Nov 2008

I guess Lautenberg is added to the list with the other 3,000 odd dumbasses who were to stupid to do 3rd grade due diligence and 3rd grade diversification. Financial Darwinism. This Madoff scam should be a test for public service qualification. You played the ponzi game, your out!. Don't let the media fool you, there are very few losses here, maybe 10% of the 50bil. The other 45bil is just being transferred from one rich dumbass to another rich dumbass. The media should focus on who received the money, not who gave it away. That will be the much more interesting list of people.

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