150 Years And Not One Day More
June 30, 2009
Bernie Madoff has been sentenced to 150 years in prison. He deserves every minute of his stay, although he probably doesn't deserve the comparatively lush prison arrangements made for white collar criminals. After all, this crime was about as intricately planned and self-consciously executed as any financial transgression in history.I know that many very smart people still don't get the particulars of Madoff's depravity.
Wall Street Confidential: Madoff's Secret Service
June 16, 2009
General Motors, Ford, and Chrysler never really got into the small and efficient car business. So now they have become mini-minors. And that's the financial news for the moment. So even Bernie Madoff has been off the front pages of the financial press. In the meantime, Irving Picard, the court-appointed trustee for the whole balagan, is meticulously suing everybody who's done dubious rake-in business with the major financial gangster of our time. But all of the work is tedious.
Wtf Of The Day
March 17, 2009
Buried in a new Opinion 2000/Daily Kos poll: Ten percent of Republicans have a favorable opinion of Bernie Madoff? (Which makes him slighty more popular than Michael Moore....) --Michael Crowley