Madoff the Robber of Widows
Over at Philly.Com they have this on one widows story and my heart goes out to her…
Posted on Thu, Jan. 22, 2009
West Goshen widow's riches-to-rags story
By Harold Brubaker
Inquirer Staff Writer
When Maureen Ebel's uncle called her at 10:45 p.m. Dec. 11, she feared a death in the family.
Instead, her Uncle Leonard gave Ebel news of another kind of disaster that would upend her life: New York investment manager Bernard L. Madoff had been charged with massive fraud.
Ebel, 60, a widow who lives outside West Chester and winters near West Palm Beach, thought she had $7.3 million with Madoff.
It became sickeningly clear over the next day or so that all her money was gone. "The thought that I have to work now as long as I can stand up to feed myself" shattered her comfortable world, she said.
Six days after Madoff's arrest for allegedly bilking investors in a $50 billion Ponzi scheme, Ebel had a strenuous temporary job caring for a wealthy friend's 93-year-old mother and keeping her house, pushing the vacuum cleaner and ironing.
"The first day, I went home and cried," Ebel said. - Philly.Com
What Bernie Madoff, aka the Widow Maker Bandit did is called a white collar crime and thus the son of a biscuit eater is still living in his penthouse while the widows of his crime are scrambling to save what they can. If somebody broke into your house and stole your life savings that you put in your mattress, that person would be in jail till the trial. Why this scumbag Madoff is allowed to live in the lap of luxury till his trial is beyond me? A thief is a thief, be it stealing a car worth ten or twenty grand or over $50 Billion from investors.
I hate to say it but Bernie (I Made-Off) with over $50 Billion in ill gotten gains is in fact the greatest bank robber ever. People blindly put their money into what they thought was a secure investment company and the last statement they received was from the F.B.I. telling them they had a balance of zero courtesy of Mr. Madoff. Forget the Brinks robbery of the 1950’s, or the Los Angeles robbery of over $18 million in the 1990’s. Bernie is the king of the thieves and he should reside in the palace built especially for them all. It’s called jail!
Papamoka
Labels: Bernard L Madoff, Legalized Robbery, Madoff, Maureen Ebel, Ponzi Scheme, Special Treatment for Madoff, Wall Street Theft, West Goshen, White Collar Crime
1 Comments:
How much money does a person want? And, how does he sleep at night? BJ
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