Tuesday, June 30, 2009

Bernie Madoff Sentenced to 150 Years


Good Riddance. Not bad for a guy who stole BILLIONS from his best friends, Holocaust victims and many charities and non-profit businesses, among other people. Widows entrusted their life savings with him, people invested the money that would go to their children's education and future with him. I read a lengthy and telling article about him in Vanity Fair. It describes the whole situation, Madoff's life and family and the huge fall out from people going from millionaire to penniless with just one phone call. Not everyone is handed wealth, some people work for it for a long time, it's hard to swallow when they are robbed of years and years of work due to one man's unbelievable greed. What do you do at 75 when you suddenly have no money?

No comments: