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#11
posted to rec.boats
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Capitalism's finest hour
On Dec 12, 7:17*pm, wrote:
On Dec 12, 7:13*pm, Boater wrote: Most of the big-time crooks in the political arena seem to be Republicans, from the "moneyed" class Complete bull****.. but we expect no less from you... Oh, and don't bother passing a cut and paste from the Daily Hoax (Daily Kos) or Media Matters (liberal media matters)... |
#12
posted to rec.boats
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Capitalism's finest hour
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#13
posted to rec.boats
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Capitalism's finest hour
Eisboch wrote:
"BAR" wrote in message ... HK wrote: Bernard Madoff arrested over alleged $50 billion fraud Fri Dec 12, 2008 12:40am EST By Edith Honan and Dan Wilchins NEW YORK (Reuters) - Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever. The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. But he also ran a hedge fund that U.S. prosecutors said racked up $50 billion of fraudulent losses. Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," with estimated investor losses of about $50 billion, according to the U.S. Attorney's criminal complaint against him. A Ponzi scheme is a swindle offering unusually high returns, with early investors paid off with money from later investors. Isn't he a registered Democrat? http://www.newsmeat.com/fec/bystate_...&first=Bernard Did Madoff cancel the check he sent to Andrew Marshall Saul or did Saul send it back? |
#14
posted to rec.boats
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Capitalism's finest hour
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#15
posted to rec.boats
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Capitalism's finest hour
On Dec 12, 6:13*pm, Boater wrote:
wrote: On Dec 12, 6:34 pm, BAR wrote: HK wrote: Bernard Madoff arrested over alleged $50 billion fraud Fri Dec 12, 2008 12:40am EST By Edith Honan and Dan Wilchins NEW YORK (Reuters) - Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever. The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. But he also ran a hedge fund that U.S. prosecutors said racked up $50 billion of fraudulent losses.. Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," with estimated investor losses of about $50 billion, according to the U.S. Attorney's criminal complaint against him. A Ponzi scheme is a swindle offering unusually high returns, with early investors paid off with money from later investors. Isn't he a registered Democrat?- Hide quoted text - - Show quoted text - Easiest way to find out is to check out the story in the New York Lies... If they say "REPUBLICAN" in the first line of the story he is a repub. If they don't note his party at all, he is a dem.. CNN and MSNBC too.. Madoff in recent years has contributed to mostly Democratic candidates. I'm sure he's nominally a Democrat these days, though I have no idea whether he is registered as one. I'm not sure what that has to do with the price of tea. A big-time crook is a big-time crook is a big-time crook. Most of the big-time crooks in the political arena seem to be Republicans, from the "moneyed" class. Wow, they even have Martha Stewart in there. http://www.newsmeat.com/ceo_politica...ha_Stewart.php |
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