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Bernie Madoff was remanded to prison immediately. Now he awaits sentencing.
About Edward Harrison
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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I wonder if Parker Brothers will release a new “Madoff Monopoly” version of their popular board game. “Steal $3M from your sister”, “Collect $200M as you pass”, “Payout 12% to early investors”, “Ponzi collapses”, “Turn yourself in”, “House arrest”, and of course “Go to jail as your victims cheer” can be some new block labels.
toyotawhizguy,
I like that idea! Maybe the profits from the game can go to the victims of Madoff’s crimes. But what is Boardwalk going to be called? Park Place?
Hey, I would buy it, sounds like a lot of fun, I lost my shirt on my normal investments in the economic meltdown.
Bernie was allready a millionaire, hard to believe he would get himself into this, although I heard his monthly expenses where 250,000 to 500,000 per month. ( I might be misquoting) but yes, in that case I guess he would need to keep inventing ways to make money.
Amazing -