Madoff gets 150 years

Systems
Systems Posts: 14,873
edited June 2009 in The Clubhouse
Serves him well. Now THATS Karma.
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  • nooshinjohn
    nooshinjohn Posts: 25,448
    edited June 2009
    great... now my tax dollars get to take care of his stupid ****. To bad "The Running Man" is not a legitimate game show.
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    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
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  • AudioGenics
    AudioGenics Posts: 2,567
    edited June 2009
    a very bad person who hurt alot of people .
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  • cnh
    cnh Posts: 13,284
    edited June 2009
    There are A LOT MORE where this GUY came from, I'm afraid. And the majority of them FEEL ENTITLED to what they have MADE! The key word here is MADE...because they MAKE NOTHING...they leech the dollars of others and claim to be Captains of Capitalism? We should beware of anyone who is a "Captain", very very wary of them!

    Madoff proves that W.S. is populated by self-interested boys and girls that help run our economy (into the ground, that is).

    cnh
    Currently orbiting Bowie's Blackstar.!

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  • JohnLocke88
    JohnLocke88 Posts: 1,150
    edited June 2009
    cnh wrote: »
    There are A LOT MORE where this GUY came from, I'm afraid. And the majority of them FEEL ENTITLED to what they have MADE! The key word here is MADE...because they MAKE NOTHING...they leech the dollars of others and claim to be Captains of Capitalism? We should beware of anyone who is a "Captain", very very wary of them!

    Madoff proves that W.S. is populated by self-interested boys and girls that help run our economy (into the ground, that is).

    cnh

    I agree. It's about time we show these capitalist pigs who's boss, eh comrade!? AYE MOTHERLAND!!!

    In all seriousness, glad they threw the book at him. Rational self interest is great; it runs our economy; greed (like this) is destructive.

    Good riddance.
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  • reeltrouble1
    reeltrouble1 Posts: 9,312
    edited June 2009
    I believe Mr. Madoff should be stood up with his eyes held open, he should then have his head set so it can only look straight forward at a monitor, the faces of every person he has cheated will then continously scroll across the monitor, once everyday for the rest of his life one of these persons he stole from shall enter his cell as the Stock Market closes and give him one good bust in his chops.
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  • madmax
    madmax Posts: 12,434
    edited June 2009
    I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
    madmax
    Vinyl, the final frontier...

    Avantgarde horns, 300b tubes, thats the kinda crap I want... :D
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  • venomclan
    venomclan Posts: 2,467
    edited June 2009
    I would have sent him to Gtmo.
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  • nooshinjohn
    nooshinjohn Posts: 25,448
    edited June 2009
    madmax wrote: »
    I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
    madmax
    This guy tortured thousands of people by blowing everything they had for retirement after leading them to believe they had millions they could count on! He deserves what he got and then some....
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2300 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
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  • madmax
    madmax Posts: 12,434
    edited June 2009
    nooshinjohn wrote: »
    This guy tortured thousands of people by blowing everything they had for retirement after leading them to believe they had millions they could count on!

    Hmmm... Reminds me of someone in the white house. :D
    Vinyl, the final frontier...

    Avantgarde horns, 300b tubes, thats the kinda crap I want... :D
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  • dragon1952
    dragon1952 Posts: 4,907
    edited June 2009
    madmax wrote: »
    I disagree with his sentence because there are a lot of worse people out there who only get a few years for torturing and killing people. You can still walk away after someone steals all your money.
    madmax

    You should probably disagree with the OP's sentences then. Madoff's was appropriate. No way he should ever get out and enjoy the millionaire life again.
    2 channel - Willsenton R8 tube integrated, Holo Audio Spring 3 KTE DAC, audio optimized NUC7i5, Windows 10 Pro/JRiver MC29/Fidelizer Plus 8.7 w/LPS and external SSD drive, PS Audio PerfectWave P3 regenerator, KEF R3 speakers, Rythmik F12SE subwoofer, Audioquest Diamond USB cable, Gabriel Gold IC's, Morrow Audio SP5 speaker cables. Computer - Windows 10/JRiver, Schiit Magni 3+/Modi 3+, Fostex PMO.4n monitors, Sennheiser HD600 headphones
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  • nooshinjohn
    nooshinjohn Posts: 25,448
    edited June 2009
    madmax wrote: »
    Hmmm... Reminds me of someone in the white house. :D
    I actually agree with you just this once!:p
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2300 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
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  • madmax
    madmax Posts: 12,434
    edited June 2009
    dragon1952 wrote: »
    You should probably disagree with the OP's sentences then.

    Not sure what the "OP's sentences are. :confused:
    Vinyl, the final frontier...

    Avantgarde horns, 300b tubes, thats the kinda crap I want... :D
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  • wizzy
    wizzy Posts: 867
    edited June 2009
    Should have got his nuts ripped off with a couple old, dirty, rusty fish hooks.
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  • dragon1952
    dragon1952 Posts: 4,907
    edited June 2009
    madmax wrote: »
    Not sure what the "OP's sentences are. :confused:

    The "OP (other people)" are the "lot of worse people out there who only get a few years for torturing and killing people" So, I guess the OP's sentences are "a few years" :D
    2 channel - Willsenton R8 tube integrated, Holo Audio Spring 3 KTE DAC, audio optimized NUC7i5, Windows 10 Pro/JRiver MC29/Fidelizer Plus 8.7 w/LPS and external SSD drive, PS Audio PerfectWave P3 regenerator, KEF R3 speakers, Rythmik F12SE subwoofer, Audioquest Diamond USB cable, Gabriel Gold IC's, Morrow Audio SP5 speaker cables. Computer - Windows 10/JRiver, Schiit Magni 3+/Modi 3+, Fostex PMO.4n monitors, Sennheiser HD600 headphones
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  • fossy
    fossy Posts: 1,378
    edited June 2009
    wizzy wrote: »
    Should have got his nuts ripped off with a couple old, dirty, rusty fish hooks.

    I like it..... I'd be willing to bet.... good fish bait....:D:D
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  • obieone
    obieone Posts: 5,077
    edited June 2009
    According to news reports, he won't be ALONE. They're indicting 10 other people from his organization, so.....The Karma continues!
    JMO, but I think it'll be his wife, 2 sons, brother, accountant, and....can't even venture a guess as to the rest?
    I refuse to argue with idiots, because people can't tell the DIFFERENCE!
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  • I-SIG
    I-SIG Posts: 2,243
    edited June 2009
    Not that what he did was right, but a lot of those people that lost everything made the cardinal sin of investing: no diversification. One way or another, all their money ended up in the Madoff basket.

    Again, I'm not condoning his actions, but people need to take at least a small look in the mirror if they put every red cent they had with one guy/stock/bond/etc.

    Wes
    Link: http://polkarmy.com/forums

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  • cnh
    cnh Posts: 13,284
    edited June 2009
    I-SIG wrote: »
    Not that what he did was right, but a lot of those people that lost everything made the cardinal sin of investing: no diversification. One way or another, all their money ended up in the Madoff basket.

    Again, I'm not condoning his actions, but people need to take at least a small look in the mirror if they put every red cent they had with one guy/stock/bond/etc.

    Wes

    That's a fair point. You should use some common sense about where you have your money. But these days almost nothing is a safe bet, at least until we rebound. Maybe some Treasuries if we don't have rampant inflation soon?

    cnh
    Currently orbiting Bowie's Blackstar.!

    Polk Lsi-7s, Def Tech 8" sub, HK 3490, HK HD 990 (CDP/DAC), AKG Q701s
    [sig. changed on a monthly basis as I rotate in and out of my stash]
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  • Hillbilly61
    Hillbilly61 Posts: 702
    edited June 2009
    Cool!

    This wasn't known today when a Madoff conversation came up at work, but, generally the statement was made and agreed too that while the investors were ripped off, they kind of set themselves up to being ripped off by following greed. Outlandish returns are not the norm to be made with investments over the long term. This guy had his scam going on for years.

    I heard in passing the other day some other guy is now being prosecuted for setting up an $8B ponzi scheme. Same deal, just a smaller (but very large) number. It is the greed of the investors that make these things possible.

    It will be interesting to see how Madoff's massive estate gets cleaned out. He has a wife involved that is somehow claiming ignorance. The powers that be did not prosecute her, but material I have heard and read suggest that she was not all that innocent concerning what is going on in and of herself.

    All the same, it all goes back to the adage saying "If it is too good to be true, then it is not." Many investors forgot that fact when entrusting Madoff with their money. The Janus mutal fund situation isn't all that different. Greed made the investors vulnerable to being ripped off.
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