Any comments about Mr Madoff?

classicman · 02-16-2009, 08:51 PM

I heard somewhere last week that Madoffs wife took 15 million the day her son turned him in. Anyone know if they found it?

sugarpop · 02-17-2009, 08:40 PM

Quote:

Originally Posted by classicman

I heard somewhere last week that Madoffs wife took 15 million the day her son turned him in. Anyone know if they found it?

Her son turned him in? I don't know, I just remember hearing she withdrew millions the day before he was arrested. I didn't realize her son turned him in. If she did withdraw money, I believe that makes her complicit. I believe she is anyway, because Bernie also allegedly put the house in her name right before he was arrested, as did that Fuld guy from Lehman Bros (CEO), right before they went down. If that's the case, the wives should definitely be held accountable as well, if there is an investigation. I don't believe you should be able to hide your assests in your spouses name when you do things that might be considered illegal, in order to keep them.

xoxoxoBruce · 02-17-2009, 08:53 PM

I read she made 2 withdrawals totaling 15 million, one the day before the arrest and one a couple of days before that.

yes sugarpop, they didn't catch him, he admitted to his sons it was all bullshit and he was bust. They ratted him out. May have been a ploy to cover the boy's asses when he knew he would be found out eventually because of the Wall street meltdown. Let the old man take the heat, he was still influential enough to probably not be jailed and even if he was he's a very old man anyway.
So far it's worked... house arrest in a multi-million dollar palace.

02-16-2009, 08:51 PM	#1
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	I heard somewhere last week that Madoffs wife took 15 million the day her son turned him in. Anyone know if they found it? __________________ "like strapping a pillow on a bull in a china shop" Bullitt

02-17-2009, 08:53 PM	#3
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I read she made 2 withdrawals totaling 15 million, one the day before the arrest and one a couple of days before that. yes sugarpop, they didn't catch him, he admitted to his sons it was all bullshit and he was bust. They ratted him out. May have been a ploy to cover the boy's asses when he knew he would be found out eventually because of the Wall street meltdown. Let the old man take the heat, he was still influential enough to probably not be jailed and even if he was he's a very old man anyway. So far it's worked... house arrest in a multi-million dollar palace. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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