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-   -   Top Notch Stand up Guy (http://www.oprano.com/msgboard/showthread.php?t=92765)

gonzo 12-16-2008 11:49 AM

Top Notch Stand up Guy
 
He's the Grinch who stole . . . everything.

Accused mega-swindler Bernard Madoff yesterday skulked out of his Upper East Side penthouse and went into hiding as scores more charities, banks and individual investors revealed that they face financial ruin from his alleged $50 billion Ponzi scheme.

"He's an evil person. It's morally disgraceful," said Rep. Peter King (R-LI), who yesterday called for a congressional probe of the scam.

King said he recently attended several Christmas parties where guests included people who lost tens of millions of dollars in investments entrusted to Madoff, 70, who was busted by federal authorities last week.
One party guest pointed around a room, saying, "That guy lost $10 million, and that guy lost so many millions," King recalled.

Madoff seemed maniacal about keeping his scam going to the end.
As recently as Thanksgiving, he was pushing pals to invest more money with him, telling them he could work wonders in the volatile market, a source told The Post.

Madoff's alleged fraud has especially hurt charities linked to his own Jewish faith.

SAR Academy, a Jewish day school in The Bronx, is believed to have lost up to $4 million in endowment money placed with the firm.
The Chais Family Foundation, which gave more than $12 million annually to Jewish causes in Israel and Europe, has already shuttered its doors because of its losses.

Two Manhattan-based civil-liberties groups - the JEHT Foundation and The Rockit Fund - said they were set to close in January because of the fraud.

DreamWorks Animation CEO Jeffrey Katzenberg has lost millions in Madoff's scam, The Wall Street Journal reports today.

Daily News owner and real-estate mogul Mort Zuckerman yesterday said his Mortimer B. Zuckerman Charitable Remainder Trust lost $30 million - 10 percent of its total assets.

TheEnforcer 12-16-2008 01:14 PM

Re: Top Notch Stand up Guy
 
That's just insane....

RawAlex 12-16-2008 02:21 PM

Re: Top Notch Stand up Guy
 
shit brother!

Evil Chris 12-16-2008 07:13 PM

Re: Top Notch Stand up Guy
 
That's awesome.... LOL

kandah 12-20-2008 12:36 AM

Re: Top Notch Stand up Guy
 
50 billion? who would even need that much money

Hell Puppy 12-20-2008 03:12 AM

Re: Top Notch Stand up Guy
 
Quote:

Originally Posted by kandah (Post 823200)
50 billion? who would even need that much money

How's the weather in the islands?

Top_Of_Google_Man 12-22-2008 04:58 PM

Re: Top Notch Stand up Guy
 
so who made the big bucks? the money went somewheres.


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