Dec
26
Ponzi, from Big Al
December 26, 2008 |
So many possibilities. Maybe the $50B is itself a lie, a scam. To maintain the focus of attention.
How much truth-bending will there be in order to maximize reported losses for tax purposes?
How many will get on camera to say they "knew something was wrong all along" and so didn't invest?
How many bad positions or failed ventures will be rationalized by the "Madoff excuse"? "Our main backer had his money with Madoff."
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In the spirit of Clinton, if you are going to lie make it a big one. You may only get one chance. On the other hand, if Fitzgerald has political aspirations he might as well take a chapter out of Rudy and the recently departed Spitzer's book and claim the landing of the biggest fish in the ocean. Perhaps it would be appropriate to read Hemingway The Old Man and the Sea at this point.
All great characters in history had their arch enemies and nemesis' to hang their careers on.
Darrow had Bryant
Bugliosi had Manson
Spence had Silkwood
Bailey had Kimbell
Churchill had Hitler
And:
Batman had Joker
Please tell me there aren't affiliate programs for trojan viruses. That is very scary.
Good information, Your right that as soon as the cameras come along they will all start making excuses…it’s always the way!
Put it out of your mind. In no time, it will be a forgotten memory. - Samuel Goldwyn 1882 - 1974
The government always bends the truth…… what upsets me is how the tax payers bailed the banks out only for them to tell congress that they don’t feel it is up to them to help the tax payers now!
I’m allways afraid of being capted in a scam, or something like that…
I want to know more about “The Maddoff Excuse”, i saw a documental of it.
Nice post..Very informative, Thanks!.
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Nice article you have here. Love the pic.
We cannot rely on government any more. we must do it on our own. Politicians now a days are not trusted anymore they are the first one to violate the laws. We need change and let us start it from us.
There are always tax issues, and the ones who pay more are always the tax payers(us!)