Tuesday, December 11, 2012

Bernie Madoff Day

On this day, several years ago, Bernie Madoff was arrested.  It couldn't have happened to a nicer guy.

The interesting thing about Madoff is that, unlike most crooks in the financial sector for whom the money is, in and of itself, a discrete, slightly abstract thing (although abstract is a bad word for money, especially when you are trying to buy a Bugatti), Bernie was golfing with his clients, not batting an eye, knowing that their lives would be deeply and profoundly fucked as a direct function of his ponzi scheme.



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