Madoff Gets What’s Coming To Him

Posted in Mixed Nuts on March 14th, 2009 by MadDog
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It is ever so nice to see that some scumbags eventually get what’s coming to them. We’ve lost about half of our retirement savings in the last year. At least we are not lonely. But, what about all the people who lost vast amounts because of the greed of this creep? I feel worse for them, even the rich ones that should have known better but couldn’t pass up the seemingly miraculous deal. (If it seems too good to be true, then it most certainly is.)

Here’s part of what he had to say to the Judge:  (from the article linked above)

“I am actually grateful for this opportunity to publicly comment about my crimes, for which I am deeply sorry and ashamed,” he told Judge Chin.

“As the years went by, I realised my risk, and this day would inevitably come,” he said in a steady voice. “I cannot adequately express how sorry I am for my crimes.”

“When I began the Ponzi scheme, I believed it would end shortly and I would be able to extricate myself and clients from the scheme,” he said. “This proved to be difficult and ultimately impossible.”

Oh, poor baby.  He’s so sorry. I feel so sad for him. See how contrite he looks: (again, from the article linked above)

Badoff in court (from the Australian Business website)
Are you getting sick of slick criminals such as Badoff ripping us off?  Me too.

Life in prison . . .  Sounds about right to me. Too bad that he’s 70. Does that sound too vindictive? Sorry.

But wait!  How about our home-grown rip-off artists! Don’t I remember reading (constantly, without reprieve) about some of our politicians with long arms that can reach far under the table? Am I dreaming, or is corruption becoming systemic in PNG power circles.

It seems that public hangings are never going to come back into style. That’s okay. Hanging significantly shortens the time that the perpetrator has during which he can engage in intense introspection concerning just what a nasty piece of work he is. Life in the slammer is much more appropriate. I would imagine that we do it pretty cheaply here, compared to the USA.

Hey, that gives me an idea. Why don’t we see if we can get some rich countries to build warehouses here for people that they don’t want and pay us to keep them banged up? It could be a cottage industry. Villages could have a slammer with a couple of inmates chained to big rocks. They could do chores for the village. The image in my mind of Badoff dragging a big rock around sweeping up dog and pig droppings for the rest of his life somehow appeals to me. He would have plenty of time to perfect his contriteness.

How about you?

Or maybe you are nicer than me.