Showing posts with label Ponzie schemes. Show all posts
Showing posts with label Ponzie schemes. Show all posts

Tuesday, January 6, 2009

Do Not Pass Go. Do Not Collect 50 Billion Dollars.

I guess I am naive. I figured Bernie Madoff, after being caught pulling off the largest Ponzie Scheme ever would be wasting away in some sort of jail. But no, he was able to post the $10 Million dollar bond (probably only had to pay 10%) and is free. Hello, the man stole FIFTY BILLION DOLLARS! Shouldn't he at least be behind bars. Even a $10,000,000.00 bond should be placed in escrow until this is over - like after his conviction and sentencing. Maybe bond should have been set at $50 Billion?

And the irony is, he'll be sent to some country club type of prison. Put him in a maximum security prison and let the other prisoners have at him. Greed - it's disgusting!