Saturday, March 14, 2009 at 5:53 AM
Even though an incorrigible shyster, Bernie has a point. After all, he got rich by embezzling and mismanaging only billions of dollars through his Madoff scheme; whereas, Wall Street bankers got rich by embezzling and mismanaging trillions through their predatory mortgage lending and other schemes.
Yet the bankers are not only getting away scot-free, the government has also given them hundreds of billions to compensate for their wrongdoing.
Now, where’s the justice in that…?
And, by the way, don’t be misled by all of the sad stories about Bernie’s victims you see playing out on TV. Because that $50 billion didn’t just vanish and he doesn’t have it parked in some Swiss bank account.
In fact, with people auditioning to be Peters he could steal from to pay Pauls, Bernie made many Pauls very rich indeed. But don’t expect to see them on TV sharing the happy stories of their success….
Bernie Madoff pulls off biggest Wall Street scan in history