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Bernie Madoff seeks early release from prison due to terminal illness

EZEtoGRU

By EZEtoGRU
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marylander1940 Grand Master

marylander1940

Posted
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He has served approximately 10 years of a 150-year sentence. I would not be particularly inclined to give him early release. You?

 

https://www.msn.com/en-us/money/markets/ponzi-scheme-king-bernie-madoff-says-he-is-dying-seeks-early-release-from-prison/ar-BBZGJ91?ocid=spartanntp

 

no longer a chance!

 

I guess he's in Hell now!

 

Bernie Madoff, Financier Turned Ponzi Scheme Criminal, Dies at 82 (businessinsider.com)

 

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Posted
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I don't use Wikipedia

If you didn't, you wouldn't have to ask questions such as "Are any of his family members still alive?". It's not 100% reliable on everything, but pretty darned close. There are millions of people fact-checking the entries and sources of information. It also tells you if any entry is less than reliable.

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WilliamM Grand Master

+ WilliamM

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If you didn't, you wouldn't have to ask questions such as "Are any of his family members still alive?". It's not 100% reliable on everything, but pretty darned close. There are millions of people fact-checking the entries and sources of information. It also tells you if any entry is less than reliable.

 

I use Wikipedia to check spelling of name like Walter Lippmann. I have a good memory otherwise ?

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g56whiz Grand Master

+ g56whiz

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My mother was on dialysis for the last 9 months if her life. It's a miserable existence.

My mother the same. But the end came peacefully slipping gently into a coma until she breathed no more. I was hoping Madoff would encounter some more terribly painful demise like being drawn and quartered or burnt at a stake or ever a slow multiday crucifixion.

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marylander1940 Grand Master

marylander1940

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Actually he was best known for ripping off his friends and acquaintances in Palm Beach and Manhattan.

 

as stated in Wikipedia! ;)

 

If you didn't, you wouldn't have to ask questions such as "Are any of his family members still alive?". It's not 100% reliable on everything, but pretty darned close. There are millions of people fact-checking the entries and sources of information. It also tells you if any entry is less than reliable.

 

Exactly, Wikipedia is not only accurate and up to date but nothing is published without a reliable source as reference.

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WilliamM Grand Master

+ WilliamM

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as stated in Wikipedia! ;)

 

 

 

Exactly, Wikipedia is not only accurate and up to date but nothing is published without a reliable source as reference.

How many university professors approve of their students replying on Wikipedia? Zero is my humble guess

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BSR Grand Master

BSR

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Even though Madoff bragged early on that the authorities will never find the money he stole, apparently about 80% has been recovered. Of course, everyone wishes it were 100%. And even if Madoff's victims get all their money back eventually, they missed out on the capital gains they could have made by investing in legitimate investment funds.

 

I almost never wish anyone a painful death, but Madoff undoubtedly deserves to be an exception to that rule.

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kingsley88 Proficient

kingsley88

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And even if Madoff's victims get all their money back eventually, they missed out on the capital gains they could have made by investing in legitimate investment funds.

 

Yes I think the average yearly rate of return on the US stock market longterm is around 10% which is not that bad.

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coriolis888 Grand Master

coriolis888

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snip

 

Of course, everyone wishes it were 100%. And even if Madoff's victims get all their money back eventually, they missed out on the capital gains they could have made by investing in legitimate investment funds.

 

 

-

But, if they had chosen bad investments (instead of Madoff), they could have lost their money somewhere else unrelated to Madoff.

 

Not all investments are profitable.

 

-

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