MADOFF CAN’T RUN OFF TO ISRAEL

Blatant anti Semitism!!!! Nothing more, nothing less!
Just because the man is responsible for the theft of over 65 BILLION dollars…. is that reason to deny him bail, allowing him to jump it and flee to Israel where he could be a member of Knesset, joining other criminals who are guilty of much more serious crimes….. mass murder among them.

Would the man get the same treatment if he wasn’t ‘one of the chosen’? One can’t help but wonder.

Sheesh!!!!! What is this world coming to? The man did plead guilty…. still he was sentenced to 150 years behind bars. Such a gross violation of justice.

The following report from the New York Times tells it all……

Madoff Is Jailed After Pleading Guilty

Rather than letting Mr. Madoff remain free on bail and return to his apartment on the Upper East Side of Manhattan, Judge Denny Chin of Federal District Court ordered Mr. Madoff remanded as he awaited sentencing.

He has incentive to flee, he has the means to flee, and thus he presents the risk of flight,” Judge Chin said. “Bail is revoked.”

Some of Mr. Madoff’s victims in the courtroom applauded his ruling.

The 11 counts of fraud, money laundering, perjury and theft to which Mr. Madoff pleaded guilty carry maximum terms totaling 150 years. Sentencing was scheduled for June 16.

Dressed in a charcoal-gray suit, Mr. Madoff, 70, appeared in a downtown Manhattan courtroom packed with journalists, lawyers and some of his victims and, for the first time, described the scope of what was perhaps the largest fraud in Wall Street history.

Mr. Madoff was sworn in and reminded that he was under oath. Noting that he had waived indictment, Judge Chin asked, “How do you now plead, guilty or not guilty?”

“Guilty,” Mr. Madoff responded.

Flanked by his lawyers, Mr. Madoff began to answer questions from Judge Chin about whether he understood the ramifications of his guilty plea, whether he was satisfied with his legal representation and whether he was competent to enter the plea.

At first, Mr. Madoff’s voice was barely audible as he acknowledged the litany of crimes.

“Try to keep your voice up so that I can hear you, please,” Judge Chin said. At one point, Mr. Madoff asked for water.

In recounting how he sustained a 20-year fraud whose collapse erased as much as $65 billion that his customers thought they had in their accounts, Mr. Madoff said, “I believed it would end shortly and I would be able to extricate myself and my clients from the scheme.”

“As the years went by, I realized this day, and my arrest, would inevitably come.”

“I cannot adequately express how sorry I am for what I have done,” he said. “I am deeply sorry and ashamed.”

Although Mr. Madoff admitted to operating what he called “a Ponzi scheme through the investment advisory side of my business,” he said all other aspects of his enterprise, operated by his sons and brother, were legitimate, profitable and successful.

Mr. Madoff’s fraud was a global scheme that ensnared hedge funds, nonprofit groups and celebrities, and devastated the life savings of thousands of people.

Some of them came to court on Thursday to speak during the 75-minute court hearing.

One was Maureen Ebel, who said: “If we go to trial we have more of a chance to comprehend the global scope of this horrendous crime. We can hear and bear witness to the pain that Mr. Madoff has inflicted on the young, the old and the infirm.”

A federal prosecutor, Marc O. Litt, said the government was continuing its investigation and was looking for assets and anyone else who might be criminally responsible.

It remains unclear where the billions of dollars that his victims lost has gone, and whether those victims will ever see any meaningful restitution. Prosecutors have said the government is seeking $170 billion in forfeited assets from Mr. Madoff, apparently representing all the money that ran through Madoff accounts traceable to the crimes.

A court-appointed trustee liquidating Mr. Madoff’s business has so far only been able to identify about $1 billion in assets to satisfy claims.

This week, the government said Mr. Madoff had 4,800 client accounts at the end of November supposedly containing $64.8 billion in customer savings. But the government said Mr. Madoff’s business “held only a small fraction of that balance.”

As Mr. Madoff arrived at the courthouse early Thursday morning, helicopters buzzed overhead and television news trucks lined the street. The day’s events marked a coda in the saga of a man whose name has become shorthand for an entire era of greed and deceit on Wall Street.

With the promise of steady, unwavering returns, Bernard L. Madoff Investment Securities enticed thousands of investors including boldface names like Senator Frank Lautenberg of New Jersey, the Hall of Fame pitcher Sandy Koufax and a charity run by the Nobel Peace Prize laureate Elie Wiesel.

This week, the government offered more details on how Mr. Madoff ran the fraud that had financed his lush lifestyle of a beachfront mansion in the Hamptons, an estate near the French Riviera and yachts in New York, Florida and the Mediterranean.

Prosecutors said that Mr. Madoff concocted an elaborate charade to make it seem like he was running a legitimate investment business when, in reality, “no such business was actually being conducted.” He hired employees with little training or experience and directed them to generate false monthly account statements.

He shuttled millions between banks in New York and London to make it seem as if he was “conducting securities transactions in Europe on behalf of investors when, in fact, he was not conducting such transactions,” prosecutors said. And they said he repeatedly lied to regulators from the Securities and Exchange Commission to cover up his scheme.

29 Comments

  1. skulz fontaine said,

    March 12, 2009 at 18:22

    Bye bye Bernie. Say hello to Big Bubba by the by. You’re really going to enjoy life as a “house mouse.” Yup!

  2. Scarlett said,

    March 12, 2009 at 20:36

    Somehow, I see a massive heart attack in his future and a closed casket funeral …

    A man like that doesn’t just plead guilty … unless he has a big incentive to do it. I suspect that he’s agreed to plead guilty because a trial would mean that people would be able to find out just where that money went.

    I just don’t believe old Bernie had that many real victims — sure a few were real — but most were using him as a way to funnel bribe money to politicians. “Clients” (aka donors) could help fund the cause without having a record of it and with a cover in case of discovery. Congress/courts can drop all this now that he has pled guilty — which must be a relief for them b/c they would hate for the American public to know just how many of them have sold out the US.

    Actually, it is a beautiful piece of propaganda, isn’t it? Harsh sentence for a greedy Wall St guy, Jewish victims (to dispel the anti-semitic stereotypes of Jews cheating non-Jews and also to show that Jews are victims of the financial system as well), distraction as the blame is laid on con men like Bernie so we don’t focus too much on the fact that Wall St and the Fed (and many gov’t programs like Social Security) are nothing more than ponzi schemes on a larger scale. Lucky for them that we don’t have a real press or real political representatives or a real justice system … Americans are too doped up and dumbed down to ever catch on.

  3. George in Toronto said,

    March 12, 2009 at 20:40

    Notice he made sure he protected his two sons and most of his clients were Jewish.? Something is very odd about this case—-I bet in 8 years or less he is out of Jail. I wonder what prison he would been sent to serve his sentence? Whitehouse!

  4. Matt Giwer said,

    March 12, 2009 at 20:52

    The focus on Madoff as ponzi scheme covers up the disappearing act. Whether or not records were kept this is supposedly real money and it went some place. A plea bargain would include full cooperation in determining where the money went but no plea bargain.
    Pay no attention to the disappearing act behind the screen.

  5. March 12, 2009 at 22:23

    Well as in the case of Ken Lay, I expect Mr. Madkoph will have a ‘heart attack’ with no autopsy and the media will be denied any access. Somewhere in Israel a village or illegal settlement awaits its idiot.

  6. March 13, 2009 at 02:17

    I thought you all would appreciate hearing this about Madagascar…

    http://whatreallyhappened.com/content/madagascar-troops-defy-orders-put-down-opposition-protests

    Soldiers refuse to fire on government protesters.

    If the worst of the worst happens here and we have soldiers in the streets, most of them will openly refuse to fire on US civilians when Zionists give the order.

    And if they fire on me for instance I will tase them blind, I doubt as many troops will turn against the people as originally predicted. This war may be over must faster then!!!

    The Military will not be used by the Zionists to destroy or disarm the United States as indicated under the constitution. Those who obey their oath will awaken to their senses, then that means the Government the Federal Reserve is permanently finished since their army wears thin.

  7. cook said,

    March 13, 2009 at 02:34

    led away in handcuffs,on his way to a nice hot bath and meal and maybe a cool bottle of champers.good on ya bernie your a dickhead but yet you and all your jewish clients think we are the dickheads,those of us that have studied the history of the jew are not dickheads,i’ll bet you get your 150 years,i will also bet you don’t do it in america.all you lying cheating murdering jews can only get away with it for so long.we know already that most of us could do your stretch standing on our head.your a dickhead and it won’t be long before we all give you lot something to really winge about.victims my arse.

  8. Vox said,

    March 13, 2009 at 03:13

    Madoff’s forced imprisonment reminds us all of the dark days of the Holocaust TM.

  9. Early Scheme, Latter Scheme said,

    March 13, 2009 at 03:16

    In the early scheme, The Chosen Ones TM, got in and got paid, in the latter scheme, it was the goyim that got fleeced. The myth that it was jews that got taken is just that, a myth. The latter part of the scheme pulled in the filthy goyim so that they could take the fall while The Tribe TM, rolled in shekels.

  10. CDM said,

    March 13, 2009 at 03:24

    Deja vu….. Wall Street, 90 YEARS AGO (Henry Ford, The Dearborn Independent – November 20, 1920)…..

    “Then, with the shortage of [messenger] boys, another type of messenger began to appear, and with this type trouble began. Disappearances and losses became more frequent and costly. The indemnities paid by the insurance companies reached such staggering figures that the custom of issuing blanket insurance was withdrawn. Various expedients were adopted to solve the mystery; boys were required to travel in pairs, guards were posted throughout Wall Street, the best detectives in the land were assigned to the matter, but without avail.

    There was a strong disinclination in Wall Street toward publishing the figures of the losses, for fear the publication might be destructive of public confidence in the Street’s financial condition. But the news was known in the underworld and drew to New York criminals from all parts of the country. For a time all efforts were fruitless; the losses continued and the mystery deepened.

    Then, suddenly, in the early part of 1920, certain arrests were made and confessions obtained, which disclosed one of the most amazing criminal conspiracies in the history of the United States. There was proved the existence of a vast Jewish conspiracy to loot Wall Street. It was found that a band of astute Jewish criminals, many of them wealthy men, some of them ex-convicts, had created an organization by which Wall Street financial houses were to be plundered…..

    It is well enough understood that so closely combined are all the influences in New York Jewry that a determined effort on the part of the leaders could clean up many untoward conditions now existing. But there seems to be a distinct aversion to anything that will indicate a division of one class of Jews against another. It is a racial instinct, evidently, to protect the threatened one no matter how richly he may deserve punishment.

    It is this fact which put the finishing Jewish touch on the whole matter. It may, of course, be an accident that all the criminals and their tools, with an occasional exception, are Jews. That of itself might not be a reason, in the extreme sense, for labeling the condition with a racial name. But the silence, the approbation in some quarters, the very active sympathy in others, all combining as a racial protectorate around the wrongdoers, is the more regrettable manifestation of the two.”

  11. Holocaust Gaza said,

    March 13, 2009 at 03:54

    Many of Bernie’s customers were tax avoiders with reptile fonds. So those customers will not be to happy that the law digs into their Madoff accounts.
    The Jewish so called charities are all tax scammers too.

  12. Ogmios said,

    March 13, 2009 at 06:50

    Boo Hoo!
    His brother and sons are innocent as is his wife – Yeah really and I catch fish big as a truck. No really I do. Bernie is innocent and should be held as a shining light to one and all. Never appeal to a mans good will for he might not have any. You always appeal to his greed, of this he will have ample. Yea a shining light to the greed of man and the depths of vanity through deception. Bernie does not lie that is how I know what he says is true just like he told all those people shit shit MAKE HEAPS blah blah waa waa.
    You are not suggesting that being Jewish has anything to do with it. He is American “isn’t” he.

  13. suraci said,

    March 13, 2009 at 12:08

    Maybe he’ll do a Maxwell and fall of a boat. Then he can spend the rest of his days sunning in Israel, which is where most of the money he stole is now sitting.

    They only locked him up because he’s the absolute cliche of a Jewish crook, and was bringing too much heat down on the chosen. People were starting to notice that a lot of these buggers are from the same tribe.

  14. Andrew(UK) said,

    March 13, 2009 at 12:27

    All good old Bernard has to do now is survive which I think is very unlikely,a lot of people want the man dead I am sure a contract has been taken out on him.

  15. No Name said,

    March 13, 2009 at 13:00

    It is antisemitic to deny poor Bernie the right to go to Israel. Probably even to use his name. The newspapers are being too harsh on him. I remember in the Cold War that our “indispensable ally” claimed to be the land-locked carrier of democracy (reason why we should give them billions). Who could argue? The Answer: USS Liberty crew. Unarmed, they faced the unmarked “carrier planes” and torpedo boats from the this “friendly” landlocked carrier. The survivors were told never to talk about this incident. How does Israel help the US?

  16. Simon Jester said,

    March 13, 2009 at 15:47

    Scarlet of comment #2,
    Your sweet words of truth brought a smile to this cynical face.

    m(__)m

  17. CDM said,

    March 13, 2009 at 17:46

    The question remains…. how will Madoff be judged?

    Informing on Others for Violating American Law: A Jewish Law View

    http://www.jlaw.com/Articles/mesiralaw2.html

    Litigation In Secular Courts
    the halacha puts the stress on not accepting the institution of nochrim (non-Jews). Whether we deal with political institutions or judicial institutions – Arkhaoth – it is the institution of Nochrim that we may not accept upon ourselves.

    http://www.jlaw.com/Articles/litigation_in_secular_courts1.html

    Jewish law institute launched in DC
    Nov. 9, 2002
    The institute’s first project, already underway, explores how Jewish law can be applied to modern-day issues surrounding corporate ethics, an idea spurred by the recent corporate scandals involving Enron and Worldcom…

    http://www.come-and-hear.com/editor/cp-jp-11-09-2002/index.html

    “Jewish law” vs “American/secular law”…… and you probably thought the accused in the US were all tried under the same rules of law.

  18. Dr Phil said,

    March 13, 2009 at 20:24

    The Israeli lobby got rid of Freeman and Madoff in one day. Freeman they villified as too ‘realist’ (ie critical of Israel) so he can’t be Ambassador . Madoff they imprisoned a la Noriega in case he talked. How long is this country going to put up with being lackeys of the Zionist fundamentalist government of Israel?

  19. James F. Harrington said,

    March 13, 2009 at 21:08

    Officials in this country knew too well what he was up to. Most of those Billions were given to Israel as as a gift. They are holding it for him. We Americans are just starting to wake up to the Zionist control of our country. There should be a Revolution here real soon!

    Obama and Hillery Clinton are nothing but Israel ass-kissers and as such, will never do anything towards a real and lasting peace between the Israeli’s and the Palestinians.

    March On the Pentagon next Sat., March 21st To Protest The Obama Administration’s Support for War In the Middle-East!!!

  20. Lansing said,

    March 13, 2009 at 23:27

    Shortly a newspaper picture will appear of Abe Madoff, Bernie’s twin brother having a beer in a bar somewhere in Tel Aviv.

  21. Franz said,

    March 14, 2009 at 00:35

    CDM said,
    March 13, 2009 at 3:24 am

    Thanks much for that amazing Lord Mister Ford quote. Yikes!

    I downloded the PDF for Old Henry’s book & DI archives years ago. Figuring them to be no more than historical oddities, I never read ‘em.

    Now I’m doing some catch-up.

  22. Kevinjohn said,

    March 14, 2009 at 02:02

    I will not believe he is imprisoned until I see a doc of his incarceration months after.Hell years after.With every month in between.
    Didn’t the head of Enron conveniently die just before he was to go to the big house?? Was anyone at the funeral that took pictures? Is there proof?
    Yea, how convenient.

    Sorry, I have a really hard time believing anything that the powers tell us these days are true.

  23. Northerntruthseeker said,

    March 14, 2009 at 12:53

    Is it just me? Or is anyone else troubled by this entire Madoff scam…..

    It seems that this is a massive scam and a “sting”. It seems that suddenly we have this 50 billion dollar swindle, with primarily zionist investors coming forward crying fowl, saying that Bernie robbed them of their life savings. There is no paper trail (?) and yet somehow 50 billion dollars has mysteriously disappeared…. Doesn’t this sound fishy to anyone else?.

    My take is simple… Bernie Madoff has been selected to “take the fall” for another elaborate Zionist crime. He has been selected by these criminals to come forward and claim that 50 billion dollars of their investments has disappeared, or was badly invested, or stolen. There is no paper work, and they simply had Bernie state that all of the records were either destroyed by himslef, or have magically disappeared. Now the US government has said that they will cover the investors’ “losses”, and these criminals will get their 50 billion dollar windfall. Meanwhile, they will fake Bernie’s death, or claim that he has some incurable disease (cancer?)…. Dollars to donuts he will be written off in a few years and “forgotten” about, only to suddenly appear in their fantasy land called Israel. What a sting!

    Is it not time for people to see that they are being played as suckers?

  24. March 14, 2009 at 17:26

    I completely agree with others who feel a ‘heart attack’ will occur and a closed casket will be ordered (if it hasn’t been already) to seal the deal.

    This is just too too programmed and perfectly designed. Wouldn’t even make a good ‘hoodunnit’ from Hollywood’s ‘golden age’.

  25. Kristen said,

    March 14, 2009 at 21:39

    In the U.S. rich criminals are protected and rewarded for their crimes. Some young, poor person who sells a little bit of pot and doesn’t have pearly white skin gets thrown in prison for years.

  26. Paolo Caruso said,

    March 15, 2009 at 14:25

    I want to send you a picture of Bernie Madoff’s double, who is a convicted Israeli pedofile. And such a resemblance that you could not distinguish between the two. In fact, the convicted is in a U.S. territorial prison and could possibly be used by authorities as a double. Send me an email address and I will forward you the picture and background info. The background information is just as amazing as the resemblence.

  27. J Gilbert said,

    March 15, 2009 at 15:25

    Before any investors can make any claims against Madoff, they have to look at what investment money they received from Madoff before his scam got exposed. Such money may be requested to be returned back as profits earned from crime by law. Thus, investors may lose even more money in addition to that they have already lost. Thus, if they are going to get compensated, they have to make sure that this compensation is greater than any amounts that Madoff may have already paid them before in interest, dividend, income, etc. Otherwise, it may not be in their interest to claim anything at all. If they do, then whatever the got before from him may be subtracted from the final amount that they may get from any settlement and insurance. Thus, investors’ bank accounts have to be looked into for deposits
    from Madoff and company or any of his businesses that were made to them.

  28. CDM said,

    March 16, 2009 at 00:58

    Franz said: “Thanks much for that amazing Lord Mister Ford quote. Yikes!”

    Yes Franz, quite fascinating/enlightening reading. Not only about Wall Street and the creation of the Fed Reserve, but especially the chapter Ford wrote about Palestine and the Balfour Declaration…..

    Will Jewish Zionism Bring Armageddon?

    “The methods adopted to get the land of Palestine away from the Arabs in the early days of the Zionist invasion were such as will fill the world with indignation once the world is permitted to know what was done….. It staggers the imagination to forecast what will be done in a period of full and unquestioned rule. …

    It begins to be very clear that Jewish nationalism will develop along the line of enmity to the rest of the world. Already the dangerous proposal has been made to organize a Jewish army for the protection of the Suez Canal. Instead of thinking of roads and farmsteads, of vineyards and oil presses, of schools and sanitary villages, the Jews are thinking of elevating themselves into the military power that shall stand between East and West on that most strategic strip of ground in the world. The whole situation is fraught with danger, and men who wish well to the Jews are alarmed and saddened by the prospect….

    The racial situation in Palestine just now is very delicate. Americans do not understand it. The Zionist propaganda has always been accepted on the assumption that Palestine is the Jews’ land and that they only need help to go back. …

    Neither numerically nor industrially have they held the land. Yet, as the result of a war bargain, it is handed over to them as regardless of the native inhabitants
    as if Belgium had been handed over to Mexico. Many of the natives are Semites, like the Jews, but they do not want the Jews among them.

    That is a strange fact for those who use the term “anti-Semitism”; why do real Semites also dislike the Jews? Surely Semites are not victims of “anti-Semitism. …

    The watchmen on the towers of the world are alarmed at what seems brewing in Judah’s geographical caldron.”

    The Dearborn Independent – May 28, 1921


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