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July 3rd 2009 Corruption, Crime, Obama, Finance, Obama Agenda

Marshals Arrive, Ruth Madoff Leaves as Manhattan Home Is Seized - Bloomberg.com

July 3 (Bloomberg) — U.S. marshals seized Bernard Madoff’s $7 million Manhattan penthouse apartment following a federal judge’s order that the Upper East Side residence be forfeited by the convicted con man.

Madoff’s big mistake, of course, was that he robbed rich people. If instead he had plundered the life savings of poor people, he might be in the White House today.

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Comments on this post:

  • Fûz
    July 3rd, 2009 | #1

    I’m waiting to find out exactly who Madoff’s first round of investors were—the ones at the top of the Ponzi scheme who took their payouts from the investments of the marks to follow.

    he folks who should be coughing up their profits to pay the laters marks back.

    I hope the names are familiar. Franks. Dodd. and their family members. That would be tooooo gooood.

  • LA tax law
    July 10th, 2009 | #2

    OK so the $7 million home is forfeited… now who gets it? I somehow doubt they auction it off and share the profits with those he stole from.

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