My Meeting with Bernie: "Reputational Risk" a Big Concern for Madoff, Says James Altucher

"Munsoned" That's a good one!

Madoff is a blot on humanity. He had to have had help, and the wife was doing more than just spending his money. He should be locked up along with everyone who worked on the secretive floor. He should be forever shamed that he took advantage of people's trust. Integrity and a good name apparently mean nothing to him. Shame on the investors who trusted him as well. They should have requested an outside auditor's evaluation. I feel sorry for the charities who invested with them, and their directors should be fired for not doing due diligence. I hope they put Madoff in jail and throw away the key.

Madoff is a blot on humanity. He had to have had help, and the wife was doing more than just spending his money. He should be locked up along with everyone who worked on the secretive floor. He should be forever shamed that he took advantage of people's trust. Integrity and a good name apparently mean nothing to him. Shame on the investors who trusted him as well. They should have requested an outside auditor's evaluation. I feel sorry for the charities who invested with them, and their directors should be fired for not doing due diligence. I hope they put Madoff in jail and throw away the key.

Lock up the wife and sons. Madoff would have had to work 25 hours per day to produce just the required paperwork required for this scam. The only real question is "how much help" he had.

Dow 50,000 by 2035

"The biggest Ponzi scheme is Social Security. Did I miss the part where the perps of that one went to jail?"writes Mr D again. It is hard to believe that this is the only moronic comment that Mr. D has in his arsenal. Surely he must have more and better. His public awaits.

Roger - I see you're still high. More like Dow on it's way back up to 8000 by 2035.

You rode it down didn't you Roger.

Bernie is going to get banged in jail.....i might bang his wife

Bernie is going to get banged in jail.....i might bang his wife

South Carolina police want to chase down and arrest Michael Phelps for pulling on a bong. On the other hand, we have Bernie Madoff with "I madeoff with your money" scheme who is still living in his NY penthouse apartment and his wife cashing $15.5 million checks to evade discovery. We have multiple current legislators and cabinet members who are tax cheats and former lobyists who have authority to give themselves pay raises with a $94,000 petty cash fund at their discretion. Tell me where the priorities are...? I guess I missed it.

i was in jail just for a dui and was broke here 50 million man with the easy lifeeeeeeee so unreal still lmaooooooo..bad man the judge

Is that Madoff walking past the window at 6:24 with the cartload of aluminum cans?

Frank, You make a great point. The nature of investment banking is that they make money raising money for corporations to grow/expland/do whatever, however they want with few exceptions. The 'risk' is then spread among the masses via a stock offering. After the offering is complete, the companies have their money and the stockholders own a stock in the company. There are civil laws that are in place to 'protect' investors, but few criminal laws that are strong enough to deter the big money from getting too greedy. Caveat emptor. When you buy a stock, you are buying on the faith that the management is going to run the business responsibly and ethically for the best interest of the shareholders. That is why due diligence is so important in investing. And, with the current circumstances, I think many corporations who got out of line, will turn around out of necessity if nothing else. They cannnot continue to do business as they have been.

How many aluminum cans will it take to pay off 50 billion?

The economy will not rebound until there are penalties to keep these giants from stealing from the people who have a little extra to invest. Because, now the multitude of small invstors are sitting on their money because they do not trust the system.

I'm glad I wasn't "Madoffed". The term "Madoffed" will have a totally different meaning in jail I hope.

Those prison Ho's gonna find out if she's a true blonde.

GO F#$K yourself MADOFF! Nothing but a slap on the wrist.

Of course madoff not working by himself. America is the mother of all corruption. Uganda, Zimbabwe, Pakistan, Philipine, etc is peanut corruption.