Nemuri Kyoshiro Posted April 14, 2021 Share Posted April 14, 2021 The man who wiped out over $17.5 billion worth of savings is dead. He died of natural causes in prison where he was serving a 150-year sentence. He was 82. This man operated under the radar of the SEC for years and swindled some big names, including Steven Spielberg. He operated the biggest Ponzi scheme of the modern era. https://www.theguardian.com/us-news/2021/apr/14/bernie-madoff-dies-prison-ponzi-scheme Quote Link to comment Share on other sites More sharing options...
Macnamara Posted April 14, 2021 Share Posted April 14, 2021 So many financial scandals have passed through the city of london such as the LIBOR rate rigging scandal or the london whale or MF Global and yet we didn't see any arrests The reason bernie was arrested was because he stole from the rich Quote Link to comment Share on other sites More sharing options...
Nemuri Kyoshiro Posted April 15, 2021 Author Share Posted April 15, 2021 19 hours ago, Macnamara said: The reason bernie was arrested was because he stole from the rich And he made a lot of people look very foolish. Bernie was greedy all right, but was he any greedier than the people he swindled? Quote Link to comment Share on other sites More sharing options...
Macnamara Posted April 15, 2021 Share Posted April 15, 2021 4 hours ago, Nemuri Kyoshiro said: was he any greedier than the people he swindled? i doubt it He was a crook.....but the law is clearly not applied evenly Quote Link to comment Share on other sites More sharing options...
Nemuri Kyoshiro Posted April 16, 2021 Author Share Posted April 16, 2021 On 4/15/2021 at 12:59 PM, Macnamara said: i doubt it He was a crook.....but the law is clearly not applied evenly When has it ever been? The legal system is akin to sewer where rats scurry to and fro looking for meal. 1 Quote Link to comment Share on other sites More sharing options...
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