12/17/2010

Madoff (we're actually still talking about him)

Read this---

http://money.cnn.com/2010/12/17/news/companies/madoff_picower/index.htm?hpt=T1

Welcome back. Now that you've read the article, here's some news for you: THEFT IS BAD!!!
...Except when it's not.
So here's the big picture in a nutshell - Bernie Madoff stole billions of dollars from his stock brokering clients over quite a span of years; he gave some of his money to a few of his favorite investors; he told his sons; his sons told authorities.
Now, this touches several nerves with me (apart from the fact that Madoff obviously didn't give his sons a large enough allowance... I mean, really, WHO tells on their father?): Madoff is the only one taking the hit here. Is that morally right?


NO!

You're an idiot if you answered "yes" to that question... or you're just ignorant... but either way, school is clearly just not working out for you.
Anyway, I digress...

Here's the money chain: A bunch of investors -> Madoff -> Madoff's favorite investors

Madoff is accountable for the money he stole, yes... but so are the people who ENDED UP WITH THE MONEY THAT WASN'T THEIRS TO BEGIN WITH!!! GOT IT?!?!?!
So, essentially, this woman who gave back 7 billion dollars is pioneering in doing what should be done by every person who wrongfully ended up with money that didn't belong to them.

Other people need to heed this example and cough up, or this game really isn't being played on an even field.
Bernie Madoff is a thief, and more than likely the spawn of Satan... but really, the devil never works alone.


***DISCLAIMER: we would like to remind the provable, factual world that the devil/Satan does not actually exist in a provable, factual world.***

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