Wednesday, February 16, 2011
Madoff is talking: More Than One Pair of Hands
The news this morning is that Bernie Madoff is talking about the $65 billion dollar ponzi he ran. If you go back and read what I wrote on January 11, 2009, when the news first broke about Madoff and how much money that at the time they figured to be lost, I said, it takes more than one pair of hands to do this. Now Madoff is talking a little, we can see that a $65 billion dollar ponzi scheme takes several pairs of hands. It will be interesting to see just how powerful those at the top are, and whether their power can save them from the law and ultimate justice. My personally opinion is that a few smaller fish may get prosecuted, but the big big fish will swim free. The big big fish build fire walls around themselves so that no blood or shit gets on them.