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'F— my victims. I carried them for 20 years': Bernie Madoff's: N.Y. Mag profiles

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posted on Jun, 8 2010 @ 03:03 PM

That’s right. That charming quote comes from New York magazine, whose reporter Steve Fishman has just written about life inside prison for the world’s most infamous Ponzi scheme investor:

In prison, he crafted his own version of events… Madoff explained the trap he was in. ‘People just kept throwing money at me,’ Madoff related to a prison consultant who advised him on how to endure prison life. ‘Some guy wanted to invest, and if I said no, the guy said, ‘What, I’m not good enough?’ ’

One day, Shannon Hay, a drug dealer who lived in the same unit in Butner as Madoff, asked about his crimes. ‘He told me his side. He took money off of people who were rich and greedy and wanted more,’ says Hay, who was released in December. People, in other words, who deserved it.

Another prisoner who’d spent time with Madoff had seen a 60 Minutes devoted to his crimes. Admiringly, the prisoner commented that he’d cheated his clients out millions of dollars. “No, billions,” Madoff corrected him.

Fishman’s piece is fascinating because it details Madoff’s unguarded moments, talking to other prisoners. He has nothing to lose now he’s inside, serving 150 years. As the headline says: Bernie Madoff is free at last.
Source: -bernie-madoffs-life-inside/

If there ever was a fine example of why we need to put white collar criminals in hard jails and/or execute them. How could you say that anon72!!!

Why, because I saw the effects of what this moron and others like him did. I saw how the Regis family (Adelphia Cable) cleaned out (financially) whole parts of the state of PA with it's dirty trickery.

The white collar criminals are just about as bad as the violent criminals-in a way. They care no more for your well-being than does the violent murder that breaks into your house. Their methods are different and maybe quicker/slower but the results are the same-Ruin the victims life.

I hope Bernie gets a lot more justice in Prison-like he has been getting. I read there a few weeks ago he got the snot kicked out of him by a fellow inmate.

posted on Jun, 8 2010 @ 03:07 PM
Considering people ignored the warning sides and invested with him in the name of greed, he has a point.

Not all, but a large number of his victims didnt educate themselves, saw high returns, and took a chance, Now they are suffering the consequences of their greed.

posted on Jun, 8 2010 @ 03:13 PM
Thank you for bringing attention to this. He is the scum of the Earth and he is not alone, there are countless Bernie Madoffs that go unheard.

Corporations and CEO's do the same thing. And to tell you the truth, its all caused by the monetary system. People become greedy and selfish, its not Human Nature, its Human Behavior.

Check out my signature for a possible solution to all this madness. Its called a Resource Based Economy

posted on Jun, 8 2010 @ 03:20 PM
reply to post by anon72

Fishman’s piece is fascinating because it details Madoff’s unguarded moments, talking to other prisoners. He has nothing to lose now he’s inside, serving 150 years.

Or he's trying to survive.

Think about it. A frail, old, white collar criminal serving hard time. Most of his prison mates are going to have a 'Screw The Man' attitude. So he is being extremely candid about how he, too, screwed 'the man' (wealthy investors).

For example, an inmate serving time for killing a police officer might be petrified while going through the system and show up to court clean shaven and donning a suit but once in jail, his attitude turns to 'Yeah! I killed that 'pig.' I'm one bad dude!'


Just another perspective. It's an awful big change from his apologetic tone previously expressed.

posted on Jun, 8 2010 @ 03:27 PM
reply to post by AshleyD

Excellent point: Trying to survive. That probably has something to do with it.

This is why these dirtbags need to be dealt with more harshly. His living and subsequent taunting causes more pain to the victims. At the least, we shouldn't even hear about this dude and others like him.

The publicity most likely feeds some sickness in them-and frankly, they don't deserve any pleasure or life.

posted on Jun, 8 2010 @ 04:09 PM
Heh, Madoff just had a small scale social security ponzi scheme, involving a few billion. The US government's social security ponzi scheme is huge, involving trillions, and is enforced by law. I can just hear the politicians crying out from their cells once the scheme comes crashing down: "f**k our victims, we carried them for years."

posted on Jun, 8 2010 @ 04:18 PM
That cell is so fitting for someone like him.

But he is so lonely.

He should share that space with the many Wall Street criminals who churned and broke the economy for personal gain.

And he should be dropping that soap with the government criminals who endlessly siphon of the wealth of this country and divert it to their cronies.

posted on Jun, 8 2010 @ 05:40 PM
reply to post by wutone

Thats what I'm saying. There are some crimes that come along in history that are just too much for the norm. But, being the type of society we are, we attempt to handle the problem like the norm.

But, every so often, something comes along that just shocks and devastates society. I think we need to have special provisions in our laws that allow for the people of the Point and TIme to decide whatelse, if anything, should be placed on the criminal.

Example. Old Bernie here. He should have been locked away-from total human contact-and not see the light of day again. Basially-forgotten about.

Or maybe it is time we consider island prisons. Just drop them off. Survival of the fittest and able. Make a person think twice about pulling off some horrible crime. Child Predators. Death.

Whatever is decided, it has to be tougher/harder than what we got going on now-'cause it ain't working now.......!!

[edit on 6/8/2010 by anon72]

posted on Jun, 8 2010 @ 07:29 PM
I think there is a lot of truth to Ashley D's post above.

But even so, something about the cocky pose in the photo screams "pathological narcissist" to me. Perhaps I'm extrapolating too much, but I can smell the sickly vibes baking off him like heatwaves from hot tarmac.

Something tells me that at least some part of Madoff feels a warm, happy glow when he brags to fellow inmates about the extent of his crimes...probably not so different from the warm, happy glow he probably used to experience at coctail parties when he basked in his make-believe house-of-cards glory.

To a true pathological narcissist, a jail bunk need be no less comfortable than an antique four-poster bed...just so long as somebody is there listening, hanging on every word. Whether the listener is impressed by the magnitude of a crime or a financial victory is less important than the fact taht such admiration and attention exist in the first place.

I simplify a bit, of course...but tragically, not all that much.

Perhaps to be utterly forgotten by the world would be the most painful punshment of all for such types...

posted on Jun, 8 2010 @ 07:38 PM
I don't think it will be too long before Bernie is the one getting F@%$ed.
Doesn't he have a bunk buddy or two by now/ I wish him the best of luck
with his suite at the crossbar hotel.

posted on Jun, 8 2010 @ 07:44 PM
reply to post by AshleyD

I think you are right. He is probably considered
"da man" by fellow inmates.

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