Bernie Madoff Dead at 82

[G-Fafif]

A Met figure in life, unfortunately. Died in prison.



https://www.audacy.com/325/news/politics/ap-source-ponzi-schemer-bernie-madoff-dies-in-prisonhttps://www.audacy.com/325/news/politics/ap-source-ponzi-schemer-bernie-madoff-dies-in-prison

[Benjamin Grimm]

In his honor, the Mets should retire the number 178,000,000.

[Edgy MD]

https://s3.reutersmedia.net/resources/r/?m=02&d=20091115&t=2&i=12448726&w=&fh=545px&fw=≪=&pl=&sq=&r=2009-11-15T005840Z_01_BTRE5AE02PY00_RTROPTP_0_MADOFF-AUCTION>

[MFS62]

He was so malevolent, I 'm surprised he wasn't pardoned by Obama's successor.

Later

[LWFS]

Honestly... no more malevolent-- or amoral-- than most front-running investment managers, say. The only difference is, he was screwing his clients instead of the ones on whom they were theoretically getting over. Y'know, us.

[MFS62]

Honestly... no more malevolent-- or amoral-- than most front-running investment managers, say. The only difference is, he was screwing his clients instead of the ones on whom they were theoretically getting over. Y'know, us.

Not all of his clients were rich.

https://nypost.com/2021/04/14/bernie-madoff-dead-how-he-nearly-ruined-the-mets/?fbclid=IwAR321zrK95crbeXEITj0ILHXgBRlq5NP-6wjCeg1UaWqYiy6mn8NPidWrZIhttps://nypost.com/2021/04/14/bernie-madoff-dead-how-he-nearly-ruined-the-mets/?fbclid=IwAR321zrK95crbeXEITj0ILHXgBRlq5NP-6wjCeg1UaWqYiy6mn8NPidWrZI

The thing that's most important to remember is that while the families that used to own the Mets might have been the highest-profile victims — and, before that, beneficiaries — of ... made-up math, they were hardly the face of that fraudulent financial calamity. No, that would be the lion's share of the 37,000 victims in 136 countries, the nameless, faceless folks who entrusted ... with their retirement, with their life savings, with their families' long-term well-being, and wound up broken by ...'s perfidious plot. For years after ...'s lie was exposed on Dec. 11, 2008, we saw their faces, often streaked with tears, usually ransacked by ruin. It's when you saw those faces on the nightly news when you realized the 150-year prison sentence ... received for his crimes was a slap on the wrist. Or a tickle.

Later

[Lefty Specialist]

My first reaction was...."Good".



Then I thought about it a little bit, and upon further review my reaction was......"Good".

[Centerfield]

MFS62 is right. If the worst consequence of the Madoff fraud was that your favorite team couldn't afford players, consider yourself lucky. He hurt a lot of good people. May he rot in hell.

[Frayed Knot]

Yeah, there was NOTHING honest about Madoff. He wasn't in the investment business, he was in the fraud business, first, last, and only. His lone purpose in life was to build trust with people so as to cheat them out of their money for his personal enrichment.



And I'm not sure who the "us" is who are the victims of your typical investment manager.