That's too bad. I wanted him to live out his term. Given the amount of damage he caused, he has hardly paid his debt to society.
Bernie Madoff has died
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Re: Bernie Madoff has died
#22Hopefully he serves as an example to other Ponzi schemers in Wall Street. It's rare in the US white collar guys like this die in prison.
Hopefully, but to be blunt, if that model of punition actually worked, then the homicide rate would have been lower back when gibbeting was still a thing.
Re: Bernie Madoff has died
#23The scapegoat. The only one who ripped off the rich instead of the poor. I would like to see people like Paul Singer die in prison, who made the lives of millions of people miserable, but I guess it's all legal what he did...
Madoff had no problem defrauding charities and pension funds. Hardly Robin Hood.
To be fair, most robinhood-esque folk heroes had no qualms about robbing the poor along with the rich, e.g. depression-era bank robbers.
Re: Bernie Madoff has died
#24Guess that Awkwafina song now needs a partial re-write.
Isn't Bernie Madoff dead? He's dead, right?
Nah, that motherfucker not dead, he in jail getting booty-rammed by the feds, getting tossed by a dude named Big Ed, in a hotbed, eating ramen noodles and crying
Re: Bernie Madoff has died
#25That's too bad. I wanted him to live out his term. Given the amount of damage he caused, he has hardly paid his debt to society.
You want a 71 year old man to live out his 150 year prison sentence?
Re: Bernie Madoff has died
#26Hopefully he serves as an example to other Ponzi schemers in Wall Street. It's rare in the US white collar guys like this die in prison.
I believe both of his sons are dead now too.
Re: Bernie Madoff has died
#27The scapegoat. The only one who ripped off the rich instead of the poor. I would like to see people like Paul Singer die in prison, who made the lives of millions of people miserable, but I guess it's all legal what he did...
Scamming rich people is not exclusive of scamming poor people unfortunately. Poor always, always pay the bill.
To quote another Bernie, there's a fair bit of socialism for the rich in the US through bailouts when big corporations lose too much money/are too big to fail.
Re: Bernie Madoff has died
#28BM is a special kind of stuck on stupid. In addition, his sons Mark and Andrew: * Mark killed himself in December 2010 on the second anniversary of his father’s arrest. * Andrew died in 2014 from cancer.
This is in - very - poor taste.
Re: Bernie Madoff has died
#29Hopefully he serves as an example to other Ponzi schemers in Wall Street. It's rare in the US white collar guys like this die in prison.
Hopefully, but to be blunt, if that model of punition actually worked, then the homicide rate would have been lower back when gibbeting was still a thing.
Financial criminals and murderers are not comparable. Prison is like a death sentence to a rich person.
Re: Bernie Madoff has died
#30Here's the one lesson I really want us to all learn from this: the only thing the rich fear is prison because prison robs them of time.
Fines are just the cost of doing business.
There are many other scandals: the whole subprime disaster, pollution from plants and the like where no one went to prison and people really should've.