Sunday, May 27th, 2012

There’s More Than AIG to Be Outraged Over; Madoff Wants to Keep His $62 Million

By
Tuesday, March 03, 2009 at 12:10 pm

Well, if this doesn’t take some nerve: After ripping off billions of dollars of other people’s money, disgraced Ponzi-schemer Bernard Madoff wants to hang on to his $7 million penthouse and his $62 million in cash, New York’s CBS affiliate says:

Court papers filed on Monday state that Madoff and his lawyer say the Manhattan penthouse and the millions held in accounts of Madoff’s wife, Ruth, are not subject to seizure. The court papers say Madoff claims the apartment and the money are unrelated to a $50 billion fraud Madoff has been accused of carrying out.

Wait until Federal Reserve Chairman Ben Bernanke, who lashed out at AIG today, hears about this one.

Categories & Tags: Economy/Finance| | | | | | |

Comments

5 Comments

Madoff wants to keep "his" money « Later On
Pingback posted March 3, 2009 @ 2:48 pm

[...] in Business, Daily life, Government, Law at 11:48 am by LeisureGuy Mary Kane in the Washington Independent: Well, if this doesn’t take some nerve: After ripping off billions of dollars of other people’s [...]

Justice
Comment posted May 18, 2009 @ 5:02 pm

There isn,t a judge alive who would believe the penthouse and the millions were earned legit, they should believe Bernie and his psycho wife, really and the Germans never killed any jews,what next from Madoff

Justice
Comment posted May 18, 2009 @ 5:07 pm

First Hitler then Mr and Mrs Madoff, they are such a disgrace to the jewish race,greedy evil people,what else could you call them, and all those who helped,Fairfield,Ascot,the two who worked for Ruthies family, just look at attorney Sorkin client list, he had all the crooks

Justice
Comment posted May 19, 2009 @ 12:02 am

There isn,t a judge alive who would believe the penthouse and the millions were earned legit, they should believe Bernie and his psycho wife, really and the Germans never killed any jews,what next from Madoff

Justice
Comment posted May 19, 2009 @ 12:07 am

First Hitler then Mr and Mrs Madoff, they are such a disgrace to the jewish race,greedy evil people,what else could you call them, and all those who helped,Fairfield,Ascot,the two who worked for Ruthies family, just look at attorney Sorkin client list, he had all the crooks

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