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(Daily Mail)   Cancer has stage-4 Bernie Madoff   (dailymail.co.uk) divider line 153
    More: Sick, Bernie Madoff, Virginia GOP, heart attacks, European Economic Area  
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13601 clicks; posted to Main » on 22 Jan 2014 at 9:50 PM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-22 10:27:21 PM
I don't even believe it. He just wants out of prison, and then he'll be able to beat cancer like Magic Johnson did with AIDs or that Libyan bomber who the Brits released.
 
2014-01-22 10:29:21 PM

namegoeshere: Boojum2k: aurorous: His only mistake was he scammed rich people. If he had simply stolen from the middle class and poor like the rest of Wall St. he'd be a free man today.

I guarantee he damaged far more poor people's lives than the rich he scammed.

Here locally, there was a plumbers' and pipe fitters' union that he farked - the opposite of the Silver Spoon crowd. People who worked hard all of their lives and scrimped and saved to be able to retire and spend their senior years in a bit of comfort lost everything they had worked for. F*ck this guy.

Use him as a test subject for some radical new cancer treatment. That way maybe he can contribute to the human race before he kicks.

Only if it works, give him a new kind of cancer and keep trying shiat. Repeat as necessary.


Cut of your jib, newsletter, etc...
 
2014-01-22 10:29:38 PM
Somebody ought to tell his wife. She seems out of the loop on a lot of matters concerning him.

www.nndb.com
 
2014-01-22 10:31:13 PM
too bad it wasn't this greedy sociopath

encrypted-tbn3.gstatic.com
 
2014-01-22 10:31:19 PM
A lot of people rage at Bernie Madoff, but let's remember the facts here; he ripped off only rich people who wanted to get even richer and not have to pay any taxes.

IMO, the greedy selfish suckers got what they deserved.
 
2014-01-22 10:31:31 PM
So a Get Well card is out of the question?
 
2014-01-22 10:33:45 PM
I worry that this is building towards a review for compassionate release. I hope not. I hope he dies in prison, alone and unloved. He deserves no less for the lives he ruined with his thievery.

/He deserves quite a bit more actually
 
2014-01-22 10:33:51 PM

Gyrfalcon: Another Government Employee: For the audacity and nerve Madoff has, there is still one thing that bugs me.  The only reason he does hard time is he scammed the 1%.  All those other bozos who scam us laugh from their yachts.

Yeah, no, that's a quite common misconception.

Check out "American Greed" on CNBC some time. About 85% of those who get taken by Madoff and his ilk are ordinary people who've saved up enough to make it worth investing and want only to have enough extra income to not have to live on hamburger and cat food during their golden years. Or to leave a little something to their grandkids. They're not wealthy bozos who deserve to get taken.


Yeah, no, maybe not.

65 billion dollar fraud, 4,800 investors, and half of them didn't lose money, disregarding the fictitious profits.

You are confusing Madoff with things like Enron, where that actually was middle class victims.  You don't get to invest with someone like Madoff unless you have a shiat ton of money to begin with.
 
2014-01-22 10:34:12 PM

parasol: That Guy Jeff: What's that thing people say whenever someone gets shot while stealing... oh yes, "possessions aren't worth a human life". So we should all feel bad cause all he took was possessions, and this is a human life we are talking about, right?

I was on the fence about his cancer until your post.

What he took from some people was their life savings and their future.
What he took from me (directly) were two of my biggest donors, forcing me to close a non-profit that helped children and the elderly. About 40 regular clients, their families - not to mention employees and volunteers.
If we are weighing his human life, the end of it in pain and incarcerated then I must balance that against the other human lives he impacted - he comes up short even when I add in his son's suicide.

Sorry - Anger overshadows pity


I'm just being sarcastic, I'm glad the jackwagon is suffering.

I don't actually believe that human life is worth more than "things", I think things represent portions of human life. Murder takes away your future life, theft takes away your past life. If it took three hours of your labor to afford a TV and someone steal that TV, they stole 3 hours of your life. They might as well have kidnapped you for three hours.
 
2014-01-22 10:35:28 PM
My tiny violin can only be seen with an electron microscope.
 
2014-01-22 10:37:49 PM
Now I wish the Death Panels were real.
 
2014-01-22 10:37:50 PM
He's lucky to be in prison, which is well known for its superior medical care.
 
2014-01-22 10:38:15 PM
Good.
 
2014-01-22 10:39:27 PM

That Guy Jeff: Murder takes away your future life, theft takes away your past life. If it took three hours of your labor to afford a TV and someone steal that TV, they stole 3 hours of your life. They might as well have kidnapped you for three hours.



Yep, this.
 
2014-01-22 10:40:12 PM

tb tibbles: So a Get Well card is out of the question?


A "get sick" card would be cruel. But an "I'm happy you're in prison" card wouldn't be distasteful, would it?
 
2014-01-22 10:44:52 PM
Normally I would have some sympathy, but not for this asshat.    After what Madoff pulled he deserves it.
 
2014-01-22 10:46:39 PM

uber humper: TedCruz'sCrazyDad: Bizarre his son also has renal cancer.

That sounds environmental.

Genetic?


Sounds like proper wager is in order...
i45.photobucket.com
 
2014-01-22 10:50:23 PM
As much an asshole as Madoff is (and probably his kids too), I have yet to get the answer to one question: I have watched interviews with some of the people who invested their money with him, and the one thing I did not see was a recognition that the "returns" they were supposedly getting from Madoff were well above the average for investments of that type and at that time. Totally off the charts. Mad stupid money. Big ducats. Crazy dollars.

Didn't anyone ever ask why that was, or were their eyes clouded with so much greed that they simply couldn't see that he was screwing them royally? And did that greed make them at least partially culpable in this whole mess?

The axiom "If something looks too good to be true, it probably is" comes foremost to my mind. Didn't it pop up in anyone else's?

/yeah, no sympathy here either
 
2014-01-22 10:51:54 PM

Another Government Employee: For the audacity and nerve Madoff has, there is still one thing that bugs me.  The only reason he does hard time is he scammed the 1%.  All those other bozos who scam us laugh from their yachts.


I'm guessing if there existed such thing as a Death Note, there would be a dozen satellites locked into it, and hundreds of agents scouring the planet searching for anyone suspicious enough to have one.
 
2014-01-22 10:52:03 PM
theelephantgun.files.wordpress.com
 
2014-01-22 10:52:42 PM

rewind2846: As much an asshole as Madoff is (and probably his kids too), I have yet to get the answer to one question: I have watched interviews with some of the people who invested their money with him, and the one thing I did not see was a recognition that the "returns" they were supposedly getting from Madoff were well above the average for investments of that type and at that time. Totally off the charts. Mad stupid money. Big ducats. Crazy dollars.

Didn't anyone ever ask why that was, or were their eyes clouded with so much greed that they simply couldn't see that he was screwing them royally? And did that greed make them at least partially culpable in this whole mess?

The axiom "If something looks too good to be true, it probably is" comes foremost to my mind. Didn't it pop up in anyone else's?

/yeah, no sympathy here either


Exactly the reason why I have no sympathy.  It was the rich trying to get richer without asking any questions. But that's the whole idea of the scam: he gets your confidence.  Madoff is unbelievably charismatic.
 
2014-01-22 10:53:30 PM
Bernie Madoff's illness cannot be slow enough or painful enough to balance the books for his crimes.

Flay him a millimeter at a time over ten years, washing him in alcohol every hour on the hour and you'd have a good start.  Use him for the stuff that Mengele and Unit 731 thought was over the top and I'll consider that he might have suffered enough.  The damage that sociopath caused went way beyond the financial sector.

He should suffer until the entire financial sector flinches when they hear his name.
 
2014-01-22 10:54:05 PM
media3.giphy.com
 
2014-01-22 10:54:11 PM
There is no violin in the entire pre-big-bang Universe small enough to play for Bernie.
 
2014-01-22 10:56:01 PM

rewind2846: As much an asshole as Madoff is (and probably his kids too), I have yet to get the answer to one question: I have watched interviews with some of the people who invested their money with him, and the one thing I did not see was a recognition that the "returns" they were supposedly getting from Madoff were well above the average for investments of that type and at that time. Totally off the charts. Mad stupid money. Big ducats. Crazy dollars.

Didn't anyone ever ask why that was, or were their eyes clouded with so much greed that they simply couldn't see that he was screwing them royally? And did that greed make them at least partially culpable in this whole mess?

The axiom "If something looks too good to be true, it probably is" comes foremost to my mind. Didn't it pop up in anyone else's?

/yeah, no sympathy here either


Dude, that's called "blaming the victim". You aren't allowed to do that.
 
2014-01-22 10:58:26 PM
MattyFridays: You are confusing Madoff with things like Enron, where that actually was middle class victims.  You don't get to invest with someone like Madoff unless you have a shiat ton of money to begin with.

Wrong.
Plenty of blue collar folks retirement funds were in there.  One white collar asshat making a decision for dozens or hundreds of working class folks handed the money to Madoff.  Amazing what turns up when you go past a headline or soundbite depth of knowledge.
 
2014-01-22 11:01:18 PM

Laobaojun: Bernie Madoff's illness cannot be slow enough or painful enough to balance the books for his crimes.

Flay him a millimeter at a time over ten years, washing him in alcohol every hour on the hour and you'd have a good start.  Use him for the stuff that Mengele and Unit 731 thought was over the top and I'll consider that he might have suffered enough.  The damage that sociopath caused went way beyond the financial sector.

He should suffer until the entire financial sector flinches when they hear his name.


1) You must be fun at parties.

2) Citation needed

3) Good job mentioning Mengele, given that one of the most notorious of his scam victims was an Auschwitz survivor.
 
2014-01-22 11:02:44 PM

That Guy Jeff: Dude, that's called "blaming the victim". You aren't allowed to do that.


Welp, I guess my posts in threads about Nigerian e-mail princes are useless as well...
 
2014-01-22 11:02:49 PM
Bad news, apparently the cancer has rejected him.
 
2014-01-22 11:03:56 PM

TV's Vinnie: A lot of people rage at Bernie Madoff, but let's remember the facts here; he ripped off only rich people who wanted to get even richer and not have to pay any taxes.

IMO, the greedy selfish suckers got what they deserved.


notsureifserious.jpg

csb: I was on one of those 100-person "research" vessels in the Antarctic when Madoff hit. Two of our passengers were Madoff victims. One got summoned to the bridge to take an urgent satellite call from his wife back home - to get the news that they just lost EVERYTHING.  He tells the story now that pretty much anywhere in the world you can fly home in anemergency.... except from a ship in Antarctica. His story involves seeing Madoff's face mocking him  on every penguin we saw for the next 10 days.

The way he describes Madoff was that he was synonymous with "bank" the way facial tissue = Kleenex, photo copier = Xerox, etc. It was always considered a safe, secure, very low-risk investment, and he fleeced so many regular people. People would pool their money to be able to buy into his fund because there was a minimum that these people could not reach alone.  It was horrible to see the lists of charities that he scammed out of their endowments, families who invested and lost their hard-earned retirement money, etc
Both guys from the trip joined what essentially was a Madoff support group here in the SF Bay Area.  One of the members of the group invested 100% of her savings with Madoff - which happened to be her Lukemia treatment fund. She lost everything.
Screw Madoff. Cancer is too easy an escape for that bastard.
 
2014-01-22 11:04:48 PM

That Guy Jeff: What's that thing people say whenever someone gets shot while stealing... oh yes, "possessions aren't worth a human life". So we should all feel bad cause all he took was possessions, and this is a human life we are talking about, right?


I think that line of reasoning would make more sense if they were connected:  if you risk death trying to stop a theft, or if someone faced a death penalty on account of stealing.

The mere fact that this guy is eventually going to die of something, just like everyone else on the planet, doesn't really absolve him of much.
 
2014-01-22 11:06:27 PM

Xcott: if someone faced a death penalty on account of stealing.



Depends on whose house you break into.
 
gja [TotalFark]
2014-01-22 11:06:40 PM

Dread Patch Slappy: Karma is a biatch


I see we have this covered.
 
2014-01-22 11:09:25 PM

Laobaojun: MattyFridays: You are confusing Madoff with things like Enron, where that actually was middle class victims.  You don't get to invest with someone like Madoff unless you have a shiat ton of money to begin with.

Wrong.
Plenty of blue collar folks retirement funds were in there.  One white collar asshat making a decision for dozens or hundreds of working class folks handed the money to Madoff.  Amazing what turns up when you go past a headline or soundbite depth of knowledge.


Citation needed.

Here's some of my citations:

http://en.wikipedia.org/wiki/List_of_investors_in_Bernard_L._Madoff_ Se curities

http://www.nydailynews.com/news/money/prosecutors-bernie-madoff-inve st ors-lost-ponzi-scheme-article-1.381923

In fact, a google search for "blue collar" and "Madoff" brings up his upbringing, but never his victims.  Madoff run a huge investment fund where he had some of the richest people in the world coming to him.  You think some jerkoff with a brown paper bag was coming to him to invest?

Whatever.  Chase is paying out 1.7 billion that's going to the victims.  The people who were hardest hit (i.e. the ones who lost the most with nothing to show for it) are going to be made whole.
 
2014-01-22 11:09:42 PM
MattyFridays:

65 billion dollar fraud, 4,800 investors, and half of them didn't lose money, disregarding the fictitious profits.

You are confusing Madoff with things like Enron, where that actually was middle class victims.  You don't get to invest with someone like Madoff unless you have a shiat ton of money to begin with.


True to a point- but in this case people pooled their money to be able to invest in Madoff.  It was kind of like getting a bunch of friends together to buy a share of Berkshire Hathaway.
I personally know two victims, neither of whom I would ever have described as anything above middle-class. Madoff COMPLETELY fleeced them, and was an amazing scam artist. The fund the bought into was delivering high-single-digit returns, which was well below some of the outrageous returns other investments were delivering at the time.
Here is one of my friends who is a professional speaker:
http://www.ted.com/talks/matt_weinstein_what_bernie_madoff_couldn_t_ st eal_from_me.html
 
2014-01-22 11:11:59 PM

MattyFridays: Here's some of my citations:http://en.wikipedia.org/wiki/List_of_investors_in_Bernard_L. _Madoff_ Se curities



You may have noticed that many of those were banks, funds, and investor groups? That would be the blue-collar folks he screwed. Those organizations money is invested on behalf of thousands and even millions of middle class types.
 
2014-01-22 11:13:59 PM

linda7900: The way he describes Madoff was that he was synonymous with "bank" the way facial tissue = Kleenex, photo copier = Xerox, etc. It was always considered a safe, secure, very low-risk investment, and he fleeced so many regular people. People would pool their money to be able to buy into his fund because there was a minimum that these people could not reach alone. It was horrible to see the lists of charities that he scammed out of their endowments, families who invested and lost their hard-earned retirement money, etc


This is exactly the type of thing I asked about. There were many many other people they could have invested with. Why Madoff? Was it his line of bullsh*t? Was it the returns he was supposedly getting for others? Didn't these people compare his stated returns to other investment people before they decided to give him their money?
No one deserves what happened to them because of Madoff... but I am curious as to how it did happen from the investors perspective. Why did they do it?
 
2014-01-22 11:15:35 PM

rewind2846: As much an asshole as Madoff is (and probably his kids too), I have yet to get the answer to one question: I have watched interviews with some of the people who invested their money with him, and the one thing I did not see was a recognition that the "returns" they were supposedly getting from Madoff were well above the average for investments of that type and at that time. Totally off the charts. Mad stupid money. Big ducats. Crazy dollars.

Didn't anyone ever ask why that was, or were their eyes clouded with so much greed that they simply couldn't see that he was screwing them royally? And did that greed make them at least partially culpable in this whole mess?

The axiom "If something looks too good to be true, it probably is" comes foremost to my mind. Didn't it pop up in anyone else's?

/yeah, no sympathy here either


fwiw?
one of the losers told me this: "I had done well, had enough to retire on and to invest. You have to be so careful and, well, when someone you know and trust already suggests an investment (and they are doing well with it) it seems logical."

the word "lemming" came to mind at the time
 
2014-01-22 11:22:05 PM

TV's Vinnie: A lot of people rage at Bernie Madoff, but let's remember the facts here; he ripped off only rich people who wanted to get even richer and not have to pay any taxes.

IMO, the greedy selfish suckers got what they deserved.



Oh wow, that's not true at all. Sure, a lot of rich people invested with him, but he also took a lot of money from people who had saved their whole lives and planned to live off the earnings. He robbed charitable/philanthropic foundations that help buttloads of people around the world. He robbed Steven Spielberg's "Wunderkinder Foundation" charity. He robbed Kevin Bacon and John Malkovich.

I don't care why do you hate Kevin Bacon and John Malkovich. You're a monster.
 
gja [TotalFark]
2014-01-22 11:22:17 PM

TV's Vinnie: A lot of people rage at Bernie Madoff, but let's remember the facts here; he ripped off only rich people who wanted to get even richer and not have to pay any taxes.

IMO, the greedy selfish suckers got what they deserved.


Well, that shows how blindingly ignorant of the facts you are.
I saw a small money management company full of hard working folks go belly up because they had used his funds as an investment vehicle.
When the crap hit the fan they had to pay back because of their contractual agreements. And they fell way short of covering it.
So they went bust. And 60 people, just regular working folks, lost their jobs and plenty of their own money.

He hurt and ruined a lot of good un-greedy folks as well.

Karma. It'll get you in the end. He tests my christianity and human kindness. I won't shed a tear if he suffers for what he did.
Can't bring myself to wish cancer on him as that's what took my mother, but dear Jesus he gets as close as anyone ever has to getting me there.
 
2014-01-22 11:26:36 PM

rewind2846: linda7900: The way he describes Madoff was that he was synonymous with "bank" the way facial tissue = Kleenex, photo copier = Xerox, etc. It was always considered a safe, secure, very low-risk investment, and he fleeced so many regular people. People would pool their money to be able to buy into his fund because there was a minimum that these people could not reach alone. It was horrible to see the lists of charities that he scammed out of their endowments, families who invested and lost their hard-earned retirement money, etc

This is exactly the type of thing I asked about. There were many many other people they could have invested with. Why Madoff? Was it his line of bullsh*t? Was it the returns he was supposedly getting for others? Didn't these people compare his stated returns to other investment people before they decided to give him their money?
No one deserves what happened to them because of Madoff... but I am curious as to how it did happen from the investors perspective. Why did they do it?


Sure- he was an excellent salesman and an amazing liar, but he had an impeccable pedigree.  Ex-chairman of the Nasdaq, he even fleeced the SEC for a long time. Per my other post, he was delivering high-single digit returns, which were much less aggressive than a lot of other investments at the time.

The Ted Talk I posted is only 8 minutes of an hour-long talk. I wish I could find the longer talk where Matt explains how he and other people he knew were fleeced by Madoff. They all thought it was a super-safe, conservative investment. They felt lucky to be able to invest with Madoff, as it was so hard to buy in, but it was delivering good, consistent returns. They were sold an incredible line of BS from a master, and the exclusivity and perceived pedigree and safety of the investment is what kept the facade going. I'm sorry I can't get you more details, it's been a few years.
 
2014-01-22 11:26:54 PM

rewind2846: linda7900: The way he describes Madoff was that he was synonymous with "bank" the way facial tissue = Kleenex, photo copier = Xerox, etc. It was always considered a safe, secure, very low-risk investment, and he fleeced so many regular people. People would pool their money to be able to buy into his fund because there was a minimum that these people could not reach alone. It was horrible to see the lists of charities that he scammed out of their endowments, families who invested and lost their hard-earned retirement money, etc

This is exactly the type of thing I asked about. There were many many other people they could have invested with. Why Madoff? Was it his line of bullsh*t? Was it the returns he was supposedly getting for others? Didn't these people compare his stated returns to other investment people before they decided to give him their money?
No one deserves what happened to them because of Madoff... but I am curious as to how it did happen from the investors perspective. Why did they do it?


The funny thing is, a "bank" is a "bank".  If you want safe stable returns on your money, you put them into bonds or certified low-risk investments.  Due diligence was not made by several parties.  Again: Madoff was charismatic as shiat and had good marketing, two excellent tools for pulling off a scamm.

A bank is not a way to earn money, a bank is a way to keep money safe.  Madoff promised higher than normal returns but not Nigerian Prince returns.  That's another reason why it was such an insidious con: He flew high but RIGHT UNDER the radar.
 
2014-01-22 11:27:31 PM
Just stick him in general pop. Rapey rapey time for Bernie...
/See, this is why I believe in Hell. So I know that Bernie's gonna have his genitals seared in molten gold forever and ever and ever.
Good riddance.
 
2014-01-22 11:32:07 PM

Richard C Stanford: Just stick him in general pop. Rapey rapey time for Bernie...
/See, this is why I believe in Hell. So I know that Bernie's gonna have his genitals seared in molten gold forever and ever and ever.
Good riddance.


You are a moron.  Wanna know why?  Never mind the fact you're advocating sexual assault (which really pisses me off about people like you) but a lot of the other prisoners LOOK UP TO HIM LIKE A FARKING ROCK STAR.
 
2014-01-22 11:33:03 PM
Hey, everyone, unlike Madoff

www.dvdizzy.com

we're all gonna get laid!!

/well, some of us
//not you, though
 
2014-01-22 11:41:09 PM

MattyFridays: Richard C Stanford: Just stick him in general pop. Rapey rapey time for Bernie...
/See, this is why I believe in Hell. So I know that Bernie's gonna have his genitals seared in molten gold forever and ever and ever.
Good riddance.

You are a moron.  Wanna know why?  Never mind the fact you're advocating sexual assault (which really pisses me off about people like you) but a lot of the other prisoners LOOK UP TO HIM LIKE A FARKING ROCK STAR.


Wait really? People look up to this asshole? Really!?
 
2014-01-22 11:45:34 PM

That Guy Jeff: TedCruz'sCrazyDad: Bizarre his son also has renal cancer.

That sounds environmental.

... a father and son both have the same disease and you think "environmental"? Really? Cause the first thing that pops into my head is "genetic".




Genetic is a fairly rare cause.

Now Phenacetin was also found have the potential for causing renal cancer and it was not withdrawn from the market until the 80's.
 
2014-01-22 11:48:32 PM
It's The Daily Fail so I have my doubts.  Either way, I don't care.
 
2014-01-22 11:55:02 PM

one of Ripley's Bad Guys: too bad it wasn't this greedy sociopath

[encrypted-tbn3.gstatic.com image 214x235]


I just realized that as a 1%er he could afford better than a crappy combover.
 
2014-01-23 12:01:43 AM
More info for those of you who refuse to believe that common folk were swindled - by someone who had been checked out by the SEC several times (his books we so cooked they could not find flaws) and who was delivering statements with the SIPC logo making it look like all investments were insured up to $500k (another lie). I don't know about you, but once I find a fund that the SEC has said is OK and that is SIPC insured, I feel pretty safe.

http://www.amazon.com/gp/product/0982250932/ref=cm_sw_r_fa_dp

\
 
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