Capitalism's finest hour
 

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.

- - -

Yep..."investments...that's the ticket."

Capitalism's finest hour
 

On Fri, 12 Dec 2008 08:38:03 -0500, HK wrote:

....nothing.

Another cut'n'paste from the masterpaster.
--
John

Capitalism's finest hour
 

Government hates competition.

"HK" wrote in message
...
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.

- - -

Yep..."investments...that's the ticket."

Capitalism's finest hour
 

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?

Capitalism's finest hour
 

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..

Capitalism's finest hour
 

On Dec 12, 6:51*pm, 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..- Hide quoted text -

- Show quoted text -

It's called "Drop D reporting"..

Capitalism's finest hour
 

"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

Capitalism's finest hour
 

On Fri, 12 Dec 2008 15:51:55 -0800 (PST),
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..

....and here I thought it was just me missing what was being said. Glad to
see someone else noticed that.
--
John

Capitalism's finest hour
 

Capitalism's finest hour
 

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...