20/20 ON MADOFF'S FRAUD!
February 21st 2009. The investigative program of ABC, 20/20 had a
very eye opening segment of Madoff (pronounced as May-doff) - I
call him MAD-OFF. They say that "genius" is on the boarder line
of being "mad."
Madoff will probably go down in history as the biggest "con
artist" - "money fraud artist" of all time. It is said 50 BILLION
(yes with a "B") disappeared under his mad but brilliant sales
pitch to the rich and famous.
He was able to sell to the rich and often famous (some in
Hollywood) a package of being a super investor of their money
that would give them a high percent return. He would send each
month, the print out of where the wealthy were supposedly putting
their money, to give them such a high return. His sons were in
his business. As one "expert" on investing said, that 20/20
interviewed, "There was no trading of stocks etc. so you would
have thought his sons would have questioned things." Madoff's
sons are declaring they knew nothing about the scam their father
was operating. Another investment "expert" said that within 20
minutes of being with Madoff once, he knew something about
Madoff's investment company was "not right."
Yet another lady expert on investing had told many of her clients
NOT to invest with Madoff, because as she correctly put it, "If
it looks like a rat, walks like a rat, smells like a rat, it
probably is a rat."
Mad-off was a Jew. I did not know that until 20/20 revealed it.
And they further revealed that Madoff was one of the big guys in
Palm Beach, Florida, where the large percentage of the people are
very wealthy Jews. It was also revealed that Madoff did most of
his business with JEWS! Well as the proverb goes, "He's such a
thief he will rob his own mother." Madoff was taking his Jewish
kinsmen/women for one of the biggest rides ever conceived and
executed with people's money.
One individual interviewed by 20/20 said, "I could get a laugh
out of a Jew conning Jews, but some were widows whom their dying
husbands told them to give Madoff their money, as he would look
after it well for them."
Many "charities" invested MILLIONS with Madoff and it all
vanished into thin air.
Madoff is in his New York 5 million dollar apartment under house
arrest, seen on his Computer for hours, and has to the present,
not uttered one word of regret or sorrow for his deeds.
It is truly unreal what some people will do that effects other
people, doing it for the wealth and fame if gives them, as they
rub noses with the wealthy elite of the world. It is also unreal
that they can get away with it for so many years. Yet as I
reported early in a "meltdown" some people had warned the
"authorities" in the USA about the impossibility of what Madoff
was doing, but the "authorities" never investigated him. Hence
many of those who are now spitting mad with Madoff should also be
spitting mad with the "authorities" in charge of such matters as
"investing companies."
Not only should Madoff and his smaller "investing" fellows who
sent him clients, have their heads rolling (of course I use a
figure of speech), but some in the USA "authorities" that never
investigated Madoff, should have some heads rolling also. It will
be interesting to see if Pres. Obama will be mad enough and
powerful enough to have those heads rolling.
Then we'll also wait and see if Obama can rolls some heads on
Wall Street and in the Banking world, for their part in the evil
that brought the world into recession.
It's nice to put forth you are on the "little guys" side and will
try to help him get up, but many of the big guys who got wealthy
on the backs of the little guys, need to have their wealth taken
from them and given back to the little folks. I will not hold my
breath waiting to see this done under the Obama administration,
but if it does .... well I guess miracles can still happen!
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