Madoff's wife left penthouse wid ongle di shirt pan har bac

[Gen]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

raxtone mi juss see weh yuh seh she a ride subway

anyway no one in manhattan is willing to rent her a place. her hairdresser tell har seh she cant come back a him shop cause him other clients are upset (guess some a dem lose money too)

like mi seh it better she move guh FL, find one little condo and allow all of this to settle.

the thing is that them dont think the husband will be allowed to serve time in FL, so dat kinda salt har up as far as visiting him goes, cause she can't get nuh condo a manhattan fi dat deh money

[Gen]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

sorry <span style="font-weight: bold">125,000 per year </span>my bad

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">though she had some control over the books of the company ,she was not an accountant, so yeah even though she saw the financial stmts of the company, she wouldn't be able to tell if those trades were ghost trades. suh unless him tell har she nah know.

she gets to live on 125,000 per year which is more than most people, and if she wants her dollar to stretch I suggest she move to florida and get settled in a condo in a 55+ community.


dem have some dunga galt ocean in the 55 and over community she can get one fi 86,000 with water view. </div></div>

[QK13]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

Still $125k a year? Mi ooda LOVE fi mek dat kina money an WUK fi it!!

[britisha]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

Learning more from you guys as I read.

Pepper, I can see why you are insisting that maybe she didn't know, for the simple reason that everyone is innocent of a charge, until proven otherwise; and that is one beauty of the law...however... but come aawn Pepper. The mere fact that she was in some sort of control had to indicate that she had some idea that he wasn't dealing straight.

I am even willing to bet that she will make some sort of confession, that is how much I doubt her innocence in all this.

How naive can a woman living in that luxurious setting, handling that sort of cash/money, wheeling and dealing with suppliers, workers, consultants for the home[s]/mansions and not have one iota of a clue as to what is REALLY happening?

I wouldn't even put it past her that she could be the real force behind the greed...mebbie Berbnie even suggested to her for years to let him cum clean, and she could have asked him if he is mad to ruin a good thing, and even spend his life in jail? Who knows? There are greedy wives like that who will encourage the man in these situation and might even hold the secret as a pawn over his head..


Like the man, she prolly imagined that it would just go away, it would correct itself somehow; a miracle would happen, maybe the clients would die, just disappear...living in a fantasy because the truth of the evil is too much to realistically face.

[Gen]

Re: Madoff's wife left penthouse wid ongle di shirt pan har

its ok QK she can still be sued in civil court for the 125,000 per year so who knows, she might just end up with Social security, you never know.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Q.K</div><div class="ubbcode-body">$125,000 a MONTH?!?!? And where is that coming from? Most a wi doan mek dat in a YEAR!! </div></div>

[britisha]

Re: Madoff's wife left penthouse wid ongle di shirt pan har

Can she collect SS?

I have to check dat hout, unless she paid taxes on &quot;earnings&quot; then IMO she would not be entitled, unless it is to collect what he would be entitled to after he dies...and there it is, if she had &quot;earnings&quot; from the scheme, it is more reason why she could be held accountable and probed for what she knows about it.

I agree dem shuddah sue har fi part of that hefty yearly allowance she would get...get without working, lifting even one finger. Dem shud juss turn dat over to the ninety year old who went back to work.

Oh, what a tangled web we weave..

what a mixup...Mama said, bring home a provider, who knows the provider would reduce you to this?

[ILP]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">raxtone mi juss see weh yuh seh she a ride subway

anyway no one in manhattan is willing to rent her a place. her hairdresser tell har seh she cant come back a him shop cause him other clients are upset (guess some a dem lose money too)
</div></div>

yes, somebody shot picture of her on riding subway cah she nuh have car wid driver anymore.

mi feel bad fi har car cah mi nuh know how daht would be if all ah wah mi know in life get pulled fram under me. when mi think about smaddy saying mi cyan go di gym or mi not welcome ah di likkle Chinese place fi dem do mi foot every 2 weeks. or mi cyan go get likkle thai when mi ready fram mi spot. or dem dash mi out fram di likkle place weh mi live. or mi not welcome in di likkle coffee shop weh mi grab latte fram time to time.

i mean weh she can go ahn use har name and smaddy nuh try fi shame har... mi think har husband get off easy. im lock up in federal minimum security place. mi sure dem a play golf in deh.
like mi seh..it sad man...

[Tuff Gong]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

Sorry but she will be fine she stills a couple of US$Mils left. Hope she gets to keep a few dollars after the Civil matters!

[britisha]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tuff Gong</div><div class="ubbcode-body">Sorry but she will be fine she stills a couple of US$Mils left. Hope she gets to keep a few dollars after the Civil matters! </div></div>

The FEDS are trying to grab that as well.


Saw on the tele just now that she is not staying with the sons, they haven't spoken since the story broke...how dem know all dat though?

I hear you ILP.

[Tuff Gong]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: britisha</div><div class="ubbcode-body">....heard she wasn't even allowed to take a coat...</div></div>

Feds: <span style="font-family: 'Arial Black'">Ruth Madoff Asked Us To Let Her Keep Fur Coat, We Said No</span>

[britisha]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tuff Gong</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: britisha</div><div class="ubbcode-body">....heard she wasn't even allowed to take a coat...</div></div>

Feds: <span style="font-family: 'Arial Black'">Ruth Madoff Asked Us To Let Her Keep Fur Coat, We Said No</span>
</div></div>

Yuh know, this story bout Ruth is getting sadder and sadder...bwouy, mi noh know...life is something yuh know!!

&quot;Ruth Madoff walked out of the apartment<span style="font-weight: bold"> carrying just a straw bag</span> after she was told she couldn't take her coat, the official said.&quot;

Ah wondah what was in the big, or if dem search it to mek sure noh diamonds or Rolex watches in dere...

&quot;a straw bag&quot;..not even one of her nice leather bags.

Life!!

[Sinco01]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac







<span style="font-weight: bold"><span style="color: #3333FF"><span style="font-size: 17pt">The greedy old man and the tragic star</span></span>
</span>
BARBARA GLOUDON

Friday, July 03, 2009

WITH THE HYSTERIA over Michael Jackson's death monopolising the news at home and abroad, I wonder how many of us have taken note of another event, which, in my estimation, could have more serious repercussions than Jackson's passing.
BARBARA GLOUDON

I refer to the Bernard Madoff case which came to a conclusion in a New York courthouse on Monday. The trial of a man for <span style="font-weight: bold">swindling hundreds, maybe thousands of fellow citizens, out of their life-savings and comfort for old age</span>, has happened before (including Right Yah So), but this one was different in more ways than one. It was of note because Madoff ran a Ponzi scheme for over three decades during when he extracted billions from victims who had invested their money with him, in the belief that he would do right by them. In fact, they testified that he assured them so personally.

Madoff is of the Jewish faith and so are most of the people who have been left penniless. The matter of his religious heritage is of importance because it is this shared bond which drew so many people to trust in him. They could not believe that he would treat fellow children of Israel so cruelly. <span style="font-weight: bold">In the end, he was to them worse than Pharoah and the plague. When he eventually let the people go, they were broke, ashamed of being gullible, and in many cases, penniless, homeless and hopeless</span>. Many had been rich and moved in the same social circles.

He had convinced them that he had their interest at heart. They were children of Israel together. They all felt that he was on their side, no harm could befall them. Meanwhile, he was robbing them blind. He lived at the peak of luxury - fine dwellings, holiday homes, private aircraft, luxury boats, great cars. His wife had the best of jewellery, his children the finest education. His bank account was in the billions.

Today, many of his victims, used to multi-course banquets, can hardly find a meal. But it had to stop some time and it did on Monday when his final trial came. Rejecting all pleas for clemency, the judge gave him the most maximum of sentences - 150 years in prison, a century and a half to contemplate, if he needed the time.

He is 71 years old. If he were to serve the full sentence, he would be coming out in the year 2159 at the age of 221. And you know something, I heard someone say, he just might make it. For such a bareface tief, who's to tell if he couldn't engineer something to beat the clock? After all, Pharoah did lay away stuff for the afterlife. Who knows what Madoff is thinking...?

His victims flocked to the court to applaud as the sentence was read and to rejoice in the certainty that they would never have to see his face again. They might be broke and scrambling for whatever lifeline can be thrown to them but for a short while at least, they took comfort in justice.

ALL OF THIS leads up to our homegrown situation as we contemplate the assorted investment schemes and schemers who have left an untold number of citizens poorer and sadder. There is a strange silence about the situation. Apart from suss and whispered innuendo, there is little or no public indication of what people are feeling. The Financial Services Commission recently advertised the names of some 58 &quot;investment schemes&quot; which are in breach by virtue of being unregistered. We are not aware if any of the enterprises listed have even responded to the FSC. Which ones are legal and which aren't?

Why are people silent? Unless they speak out, we will never know the full extent of the loss and how many are suffering. It must be that the silence is maintained by the pain of shame, that people who prided themselves on good sense are embarrassed to admit that they could have been so gullible.

We all get attacks of mindlessness every now and then, but it is hard to explain, however, what could make educated people do something as irrational as taking out second mortgages to invest in schemes which are too good to be true... and turn out to be exactly that. Yet, people who should know better, did just that, confident that they could win. It is said that some did win for a while. Others were not so fortunate. Some are hopeful that they will be able to retrieve even a portion of their investment, but for others hope is fading.

We still have court cases pending and outcomes awaited. If anyone hopes to see a Madoff-style sentence here, however, forget it. No Jamaican judge is going to deliver such an implausible sentence. Our legal system doesn't facilitate it but I suspect that the sentencing judge, whoever has to
pass judgement on fraudulent dealings, will feel emboldened to remind us all of the evil of &quot;robbing neighbour to fatten thyself&quot;.

<span style="font-weight: bold">I GUESS there is validity to the saying that &quot;a fool and his money are soon parted&quot;. How else but fool-fool can you describe people responding to callers who phone to advise that they will forward winnings from some competition or other, but first money must be sent to cover certain expenses</span>. The problem is that the people receiving the calls have never entered a competition and have absolutely no idea who the caller is. This does not prevent the &quot;prize winner&quot; from sending money via a remittance service and then sitting back to await the prize.

The scam has caught people abroad as well as at home. Despite publicity, the swindle continues, for there will always be those stupid enough to believe they can reap where they did not sow. That is what gives impetus to people like the ilk of Madoff - and the others nearer home who know that there will always be people who are convinced they can get something for nothing.

The best comeback to the invitation to pay for a prize for which you didn't compete comes from a woman who, in response to a discussion we were having, said if she was called to pay the expenses before she got &quot;the winnings&quot; she'd tell them, &quot;Take out what I'm to pay and send me the rest.&quot;

OVER-HYPE: Is it only me or is there anyone else who is just a little bit (maybe more) saturated with the Michael Jackson media hype? It is as if nothing else is happening in the world. Momentous matters like the situation in Iran, political crises in this and that corner, the global financial crisis, our continued crime rate, our impending return to the embrace of the IMF - all have been pushed aside while every detail of Jackson's sorry life is exploited. That he was a great artiste cannot be denied. That he was dysfunctional cannot be overlooked either. His untimely death is to be regretted, but the excessive media spotlight has assumed the proportions of a circus...

I think.

To tek liberty with a quote from Mr William Shakespeare, &quot;The foolishness that men do lives after them, the good is oft interred with their bones, so let it be with the unfortunate King of Pop.&quot; The Michael Jackson soap opera will not end just now - but somehow I wish we could just ease off the muck-raking and the smarmy sentimentality.

PS: How many people here in JA saw him perform at the National Stadium while he was still a little black boy still unspoiled and electrifying the world, even at that young age, with an amazing capacity for showmanship and pure talent? Imagine if he could have ended that way. Hype apart, may he find the elusive peace which
he sought.

[email protected]

[Pepper]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

Gen, yuh rite, she prolly needs to move to FL. Although nuff people dung yah bex wid dem too. But she still might can find a likkle corner fi go lie dung.

Brit, you speak as though her husband was an office clerk had all this extra money floating around. He ran an investment firm headquartered in NYC. Of course they had money, what would be fishy to her about that?

Its not like he woke up one day and started the firm, he had been doing this type of business for years. He moved up, and made millions. This is not uncommon in that line of work. Why would she be suspicious of all that money?

Don't get me wrong, I am not saying that I am sure she is innocent. But given how he rose up through the industry, there is no reason for her to be suspicious that her husband was making a good living.

Its possible that he told her about the scam, its possible that she asked about his business affairs. But he isn't a stupid man, telling her would be dumb, he isn't dumb. Just greedy.

[britisha]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Pepper</div><div class="ubbcode-body">Gen, yuh rite, she prolly needs to move to FL. Although nuff people dung yah bex wid dem too. But she still might can find a likkle corner fi go lie dung.<span style="font-weight: bold">

Brit, you speak as though her husband was an office clerk had all this extra money floating around. He ran an investment firm headquartered in NYC. Of course they had money, what would be fishy to her about that?

Its not like he woke up one day and started the firm, he had been doing this type of business for years. He moved up, and made millions. This is not uncommon in that line of work. Why would she be suspicious of all that money?

Don't get me wrong, I am not saying that I am sure she is innocent. But given how he rose up through the industry, there is no reason for her to be suspicious that her husband was making a good living. </span>

Its possible that he told her about the scam, its possible that she asked about his business affairs. But he isn't a stupid man, telling her would be dumb, he isn't dumb. Just greedy. </div></div>

But the bolded part here is the crux of the matter Pepper.


The man wasn't &quot;running an investment firm.&quot;

He was running a PONZI SCHEME...He &quot;moved up to where?&quot;

Maybe we have differing accounts of this sad tale..

He didn't &quot;make any millions Pepper..&quot; From what I understand Madoff was using new money that other &quot;investors&quot; entrusted him with to pay the others under the guise of &quot;returns&quot; in other word, &quot;robbing Peter to pay Paul.&quot; He never invested anything, he was stealing everything.

Having said all that, he was generating a lot of paper..of course he had to do this to give the impression that he is LEGIT !!...and this is where the employees could be held accountable as well, they had to know that there was something fake about all this.

Back to the wife, as one poster on another site that I just read said,<span style="font-style: italic">

John
She was<span style="font-weight: bold"> only stunned that he actually confessed.</span> She was not stunned at the content of the confession. She was party to the procedes of crime and as such should be held accountable.</span>

If I get this right it is the confession that stunned her, not the reason.

and:<span style="font-style: italic">
Ed L
Nothing in this story suggests she earned $2.5 million on her own, and since it's subject to lawsuits by her husband's investors,<span style="font-weight: bold"> that pretty much proves it wasn't her money.</span> Why should she get to keep a penny of victims' money? The court should immediately impound every penny pending the results of the lawsuits, so she doesn't spend or hide it.
</span>

Anyway Pepper, every person charged with a crime is innocent, until found guilty in a court of law.

Can't wait to see h ow this fares.

I still have NO pity for her.

[Pepper]

Re: Madoff's wife left penthouse wid ongle di shirt pan har bac

Britisha,

Personally, I don't care either way about the Madoff's. People scam and are scammed every day. Tough break for those that lost money, but they could have lost it with any other bad investment or scam. This is a big deal to some because of the size of the scam.

Yes I am aware that Madoff ran a ponzi scheme. But as I mentioned before, he had a legit storefront called Madoff investments. He started as a college grad with a small firm and built it into a mega investment house. It is quite possible to do this and be totally legit. Start from nothing, build a firm and become a millionaire.

He didn't go from zero to mega millionaire in a couple of weeks. It took time to build that ponzi...as he got more and more people in on it, he made more and more money. Why would his wife question this.