Bernie Madoff: "F--k My Victims"

First Posted: 06- 7-10 08:37 AM   |   Updated: 06- 7-10 03:23 PM

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Madoff

Bernie Madoff appears to have none of the remorse expected of a man staring down a 150-year prison sentence.

According to a lengthy new piece by Steve Fishman in New York magazine, Madoff, who apparently pals around with a former mob boss and a spy in a federal prison in Butner, North Carolina told a fellow inmante, "F--- my victims. I carried them for twenty years, and now I'm doing 150 years."

Madoff, whose con artist bona fides seems to have turned some fellow inmates into "groupies," even indicated to other prisoners that some of his victims actually deserved to have their money taken from them. Overall, Madoff comes off as cocksure, unrepentant and a bit miffed at the world. Here's New York magazine:

He was past apologizing. In prison, he crafted his own version of events. From MCC, Madoff explained the trap he was in. "People just kept throwing money at me," Madoff related to a prison consultant who advised him on how to endure prison life. "Some guy wanted to invest, and if I said no, the guy said, 'What, I'm not good enough?' " One day, Shannon Hay, a drug dealer who lived in the same unit in Butner as Madoff, asked about his crimes. "He told me his side. He took money off of people who were rich and greedy and wanted more," says Hay, who was released in December. People, in other words, who deserved it.

The idea that Madoff "carried" his investors or those in his employ, was echoed by earlier comments he reportedly made to another prisoner. Late last year, the Wall Street Journal reported that Madoff told Kenneth C. White, a convicted bank robber, that he "carried" his employees for years and felt that they had turned their back on him."

In December, Madoff reportedly suffered a broken nose and fractured ribs in a prison fight. (It was initially reported that Madoff fell out of bed.)

Convicted of a decades-long Ponzi scheme, Madoff's total take from investors is said to approach $19 billion

Read the entire piece at New York magazine here.

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Bernie Madoff appears to have none of the remorse expected of a man staring down a 150-year prison sentence. According to a lengthy new piece by Steve Fishman in New York magazine, Madoff, who ap...
Bernie Madoff appears to have none of the remorse expected of a man staring down a 150-year prison sentence. According to a lengthy new piece by Steve Fishman in New York magazine, Madoff, who ap...
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Zero Xavier   1 hour ago (4:26 PM)
He had better spend all his time praying, cause as soon as he gets parole.... I'll eat his heart.
ohboy   1 hour ago (4:25 PM)
With statements like that, he could work for Netanyahu
regularmess   1 hour ago (4:04 PM)
They should borrow some of those 150 he'll never pay off from his sons' lives. Like they didn't know. NY and Fed prosecutors are complicit in their purposeful ignorance.
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tmo7734   1 hour ago (4:03 PM)
Madoff is history. The best way to punish him is to deny him media coverage and let him simply wither away in prison.
sharrontulsa   2 hours ago (3:56 PM)
I think he already did that....hope he had a great time because the rest of his life is going to suck (as he may well do or is already doing himself). The guy has an ego and balls the size of TX - too bad he wasn't shot by some disgrundled client it would have saved the taxpayers a lot of money for his medical, dental, food, housing, etc.
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johndtuttle   2 hours ago (3:48 PM)
Look, good 'ol Bernie is a criminal and no one is going to defend him.

But I am reminded of the saying "You cannot cheat an honest man". If you do not go looking for "too good to be true" returns you are much, much harder to swindle.

Would Warren Buffet be taken in by a Madoff? Not likely.

Would someone who is greedy and unscrupulous who cares not where the profit comes from be easy prey for Madoff?
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jabreal00   2 hours ago (3:14 PM)
I have no sympathy for Madoff. Similarly I have a hard time garnering any sympathy for many of his victims. Most wanted to invest out of greed. They thought he had insider knowledge and were willing to look to other way as long as they kept getting their double digit returns. Sure what Madoff did was illegal and he was justly punished but the gaggle of greedy who thought they were profiting off insider trading in an exclusive club were m.or.ons.
zoemonster   2 hours ago (3:08 PM)
"F--- my victims" Yes, you did Bernie.

What goes around comes around. You did the goes part; now see how you like the come part.

BM - good initials.
JeffPoster   2 hours ago (3:22 PM)
Agreed...he's a selfish, petty man. And if he disses or shafts a mobster or gang leader...well, I'm just sayin'.
deepdivergirl   3 hours ago (2:31 PM)
Give the guy a break.. he's going spend the rest of his life an unfree man. And all his ripped-off clients? Anyone who expects a 50% return on investment, deserves to be ripped off for their own greediness.
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Oscar1226   5 hours ago (12:11 PM)
Yeah he's a hero to all the low lifes in the joint and thumbing his anger at the free world but bottom line is he'll never be free to be a hero in the real world. No redemption for him. He is where he should be and stays there for the rest of his life. Unless his attituide chances and to use his own words,"f@#k" him til death behind those cold,cruel walls. May God help him.
mathew   3 hours ago (2:19 PM)
Bernie was a good pal. He looked after his own & many investors will be bailed out.

Bernie would send a messenger to buy drugs (Coke ) for himself and the company' - and would - and would also throw " wild office parties sans spouses " with '"topless entertainers wearing only G-string underwear serving as waitresses."

His office "coke" parties were legendary.

"Victims" have been told by the US tax authorities that they will probably also be entitled to claim back some taxes on these defrauded sums.

Madoff investors may end up with more than original promised returns as they get to litigate the fund directors against Lloyd's insurers of London for even more compensation.

Remember this scam avoided the attention of all the funds employees , accountants, traders, auditors and the US regulators, all of whom are also "financial professionals".

Please , this is absolute nonsense it can't be possible to hide scams like this internally for very long, months at the most; 20 years, NEVER.

Everybody had a good time at the Tax Payers expense it seems.

http://www.globalresearch.ca/index.php?context=va&aid=12370
serendipitydaze   8 hours ago (9:29 AM)
CLUB FED'S STAR BOARDER
Some time ago, "60 Minutes" did a piece on Club Fed, a minimum level security hoosegow where Bernie Madoff will spend the rest of his days. Prisoners wear civilian clothing, are addressed properly by the guards, have their choice of home entertainment (OK, cell entertainment), have virtually unlimited phone and mail privileges and are housed in cells or rooms with unlocked doors The "walls" of Club Fed consist of a wide white stripe painted on the grounds at the pen's perimeter. A guest of the government found stepping across the wide white stripe was considered to be an escapee. While the details of durance vile may differ a bit from then to now, Bernie and his buddies still get three squares a day plus free clothing and shelter in a rather plush environment. By the by, I still call this crusty old fart "Mad off" instead of "Made off.," I'm advised that the "e" is silent. Heck, the "e:" doesn't even exist. But I digress.
jefferson0467   5 hours ago (12:10 PM)
While he's certainly not in a truly harsh environment (too bad), spending the rest of his life at "club fed" is a very long way down from his posh billionaire lifestyle and i guarantee that he spends ever day wishing he was not there. Works for me.
serendipitydaze   41 minutes ago (4:48 PM)
Good point. You're right. The change in accommodations, loss of freedom and the realization he will die in the place must be driving the old boy bananas.
facepalm12   8 hours ago (9:21 AM)
Didn't he already F--k his victims?
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OldenAtwoody   9 hours ago (8:38 AM)
I offer 6 candy bars and a carton of Marlboros to any inmate who can prove that Bernie has begun to give oral in order to stay alive.
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OldBear   9 hours ago (8:26 AM)
Are we surprised that a sociopathic criminal is unrepentant? Come on, Wall Street is filled with this kind of individual. They take candy from babies, screw widows and orphans, while telling investors how lucky they are to be guided by them. Eisenhower warned of the military-industrial state but the real danger to American society is the financial-governmental state. That’s the controlling force in this world. Those that have or control the flow of money own the government and its agent. The government is but a lackey to the world financial structure. And the players like Bernie don’t even think about investors for why should they? They are nothing more than the Carnie Shill Man collecting the gate money.
The answer is - Up Against the Wall You F%$#&rs.;
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MatthewRobertson   15 hours ago (2:03 AM)
F--K him back