Madoff Tipster Faults SEC for Ignoring Warnings

Dadsgrl211 03:22:12 PM Feb 07 2009

if any of you ppl think that this man will ever serve prison time think again. hes been on HOUSE arrest since december. If he was any normal joe shmuch he would already be in prison. considering he was on the SEC board its no wonder they turned a blind eye. this man should be in jail, not sitting in some million dollar penthouse while some of the ppl he robbed are homeless and hungry.. FRY HIS SORRY ASS

Tcromagnon14 09:16:47 AM Feb 04 2009

Well, we can see that the swindles will continue and the swindlers will be rewarded, people who invest money with such crooks will continue to do so, and now the taxpayers will pick up the tab.

Vinnymb 07:35:11 AM Feb 04 2009

THIS S.O.B. DID NOT PLAN THIS SO CALLED ///// ponzi scheme //////////////ON HIS OWN, THIS //////// low-life //////// HAD TO USE THE POWER OF THE MAFIA TO BACK HIM UP.REASON BEING IT WAS TO WIDE SPREAD TO CONTROL THIS scheme HIMSELF.SOMBODY IS GOING TO BE A cannary AND START TO SING, WHEN THAT HAPPENSYOU WILL SEE HOW MANY PEOPLE INVOLVED FROM THE s.e.c. TO THE TUFF GUYS. KILL OR HANG THIS low-life bastard HE DESERVES IT. //case closed ///

N2U MICRO 06:42:31 AM Feb 04 2009

Bernard Madoff mad sure that he had rigt people at every door to the SEC TO GUARD AGAINST PRYING EYES all the while the fleecing of America was going on. Madoff is a gangster at the lewel of BUGZY ,MONIA ELSON, MICHAEL MILKEN OR IVAN BOKEY.The difference between them and Gotti is that they are much smarter . No one there acuse him of being a crook wihout loosing high paying Wall st. job

MR and NEW 05:34:18 AM Feb 04 2009

YOU WATCH THE AMERICAN TAXPAYER WILL END UP BAILING THESE GREEDY PEOPLE OUT.

Davevallison 05:28:09 AM Feb 04 2009

I hope Madoff trashed all of the money that he got from CEOs who stole from there companys while laying off thousands of people !!!

Davevallison 05:12:02 AM Feb 04 2009

CEOS SHOULD ONLY BE ABLE TO GET BONUSS FROM COMPANY PROFIT!LAYING PEOPLE OFF , REPORTING HUGH LOSSES AND THEN TAKING AUNBELIEVEABLE BONUS IS STEALING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Artsbyamy 04:28:41 AM Feb 04 2009

The Madoff case is a claasic example where the punishment does not reflect the crime. As I understand it the maximum time Madoff can spend behind bars for his crime is 10 years and a $ 5,000,000 fine. Now 10 years is a very long time for a man who is 70. A younger man say in his 40's may see the rewards of the ponzi over the possible conviction a resonable risk. Also considering with good behavior Madoff may only spend a couple of years behind bars. The book shold be through at him, each individual loss a case, with the sentence back to back. That would be fair.

Hsolobay 01:49:53 AM Feb 04 2009

It boggles the mind that Madoff's "Ponzi scheme" was discovered a decade before anyone finally paid attention to the discoverer's cry of alarm. The pain and suffering to Madoff's victims is too immense to render a satisfactory punishment on Madoff or his cohorts on this earth. One can only hope that they justice will be served when they stand before the Judgement Seat.

Hsolobay 01:45:46 AM Feb 04 2009

It boggles the mind that Madoff's "Ponzi scheme" was discovered a decade before someone finally paid attention to the discoverer's cry of alarm. The pain and suffering of Madoff's victims will be too immense to bring sufficient punishment upon Madoff or those who may be guilty of aiding and abetting his lengthy crime spree. One hopes justice will be served when Madoff and his cohorts stand before the Judgement Seat.