tag:blogger.com,1999:blog-658005950706265601.post6044130815019069741..comments2023-08-16T09:18:00.307-04:00Comments on The PACIFIC GATE POST: • The Deal To Make With MadoffUnknownnoreply@blogger.comBlogger15125tag:blogger.com,1999:blog-658005950706265601.post-11026405627829187642009-03-17T14:31:00.000-04:002009-03-17T14:31:00.000-04:00Anonymous,Switzerland has done little to lift the ...Anonymous,<BR/><BR/>Switzerland has done little to lift the veil on the trillion dollar hoard residing comfortably on the books of its banks.<BR/><BR/>Other than some cracks showing in the USB fiasco, the U.S. appears to have little ability to open those doors. <BR/><BR/>While the U.S. Should use the current crisis and the level of "help" from bailout money these foreign banks require, as leverage to flush out tax evaders, .... it won't.RAIDER OF THE LOST BARKhttps://www.blogger.com/profile/00188350356797885392noreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-18290342353005867332009-03-17T08:00:00.000-04:002009-03-17T08:00:00.000-04:00Ridiculous. The government has plenty of resource...Ridiculous. The government has plenty of resources to go after money abroad and all the foreign players have absolutely zero sympathy for Madoff--most, like Switzerland, have lost billions to this con artist. <BR/><BR/>The real question is why DoJ and the FBI never executed a search warrant on his homes and those of his closest associates. It is in the homes that info on foreign accounts, hidden assets and the like is most likely to be found. When I asked a NY FBI agent about this, he cryptically stated that maybe they had searched the premises, but I doubt it and if they had, why not publicize it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-85134739067843748902009-03-17T07:04:00.000-04:002009-03-17T07:04:00.000-04:00The money still exists in secret accounts, many ac...The money still exists in secret accounts, many acknowledge this so does Seymour Hersh.<BR/><BR/>http://wakeupfromyourslumber.blogspot.com<BR/>http://blog.myspace.com/tom_heneghan_intel<BR/><BR/>Madoff's money disappeared into a black hole and some of it is where else, bank of Israel.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-24422573951184979092009-03-17T04:35:00.000-04:002009-03-17T04:35:00.000-04:00the money is mostly gone-sort of: some people coll...the money is mostly gone-sort of: some people collected their earnings, have to give the funds back including interest or other gains made on these "earnings" after re-investment or laundering which were really the next tier's investments- some of the money is in Israel: good luck tracking it., may have been spent to fund some stuff over there- some money might be in european banks.<BR/><BR/>madoff did not act alone, but it goes so deep that it may never come to light what this was really about.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-79598053442625616342009-03-17T00:19:00.000-04:002009-03-17T00:19:00.000-04:00as a victim of Madoff, I am truly confused why peo...as a victim of Madoff, I am truly confused why people think there is some hoard of cash sitting in some hidden acct - there may be some nominal monies but the whole premise of the Ponzi scheme is that he would still be running it except for the fact that he ran out of funds... the money is gone....all we can hope for is a few pennies on the dollar from whatever Picard can squeeze out of various family and feeder funds principals.Stevehttps://www.blogger.com/profile/09244608548462776701noreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-22266507430650718862009-03-16T22:35:00.000-04:002009-03-16T22:35:00.000-04:00I don't see how there could be all this money hidd...I don't see how there could be all this money hidden away because obviously Madoff would have used it to pay the requested fund withdrawals to keep the ponzi scheme running. Instead he chose life imprisonment?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-18748655257932507842009-03-16T11:11:00.000-04:002009-03-16T11:11:00.000-04:00It would be best for society if Madoff did commun...It would be best for society if Madoff did community service as a fund raiser. There are thousands of choir boys that have been victimized by sexual predators. Most have are undergoing expensive psychiatric treatment. Madoff could spend the rest of his life helping rape victims pay those expenses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-63932248049595864902009-03-16T03:29:00.000-04:002009-03-16T03:29:00.000-04:00This guy, and not the Arabs nor civilians deserves...This guy, and not the Arabs nor civilians deserves to be water-boarded. <BR/><BR/>Madoff is probably the ultimate Walstreetn Ponzi Scheme terrorist, and its unmistakable how many lives he has ruined. <BR/><BR/>A modern George Bush senior of the reich. He's absolutely got to atone for this. <BR/><BR/>Find where all the money got sent, make him give it up in plea bargains. Do not accept any bribes, no more of this. It's time for the carousel of the Federal Reserve to end NOW.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-26520821282595246372009-03-16T01:13:00.000-04:002009-03-16T01:13:00.000-04:00There is no point whatsoever to offer Madoff a dea...There is no point whatsoever to offer Madoff a deal. Madoff has been lying for so long, and believes some of his delusions that he was running a legitimate Trading firm, in which he wasn't. He was using his clients' money to prop up his trading business..<BR/> <BR/> Right now, the two people that I would make deals with are Frank DiPascali and Marcia Cohn. They probably know enough information to send Ruth Madoff, Andrew and Mark Madoff, Peter Madoff and his daughter to prison for years.<BR/><BR/>Madoff doesn't want to cooperate. As long as he is uncooperative, he is protecting others from multiple criminal indictments. The only charge that Madoff wouldn't plead to in his 11 count plea: conspiracy, that is pretty telling that much of this is a game, and he is sacrificing himself as the king to protect the queen, his knights and his rooks.<BR/><BR/> The Feds have found inklings of the money trail, mainly via Madoff International Securities in London, and via a couple accounts in Gibraltar, they will find more..<BR/><BR/> Another point why Madoff shouldn't be offered a deal. He can't be used on the witness stand, his credibility is shot. Any defense attorney can just shift the focus of the trial from his or her client to Madoff, the bogeyman who is to blame for all this mess.<BR/> <BR/> Final point why Madoff won't cooperate, any bank accounts found, are going to produce a paper trail, and it is very likely they will point back to the family members.<BR/><BR/> The Madoffs have to be treated like a criminal cartel, like the Gambino Family. Also the trail is linked to numerous accountants that Madoffs were connected throughout the years, like Michael Bienes and Frank Avellino.okojohttps://www.blogger.com/profile/09819844445081246051noreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-84967809042389732412009-03-15T16:32:00.000-04:002009-03-15T16:32:00.000-04:00Why didn't we use "enhanced interrogation techniqu...Why didn't we use "enhanced interrogation techniques" on this guy? Or is that only reserved for brown people?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-4859506954109449672009-03-14T19:56:00.000-04:002009-03-14T19:56:00.000-04:00Anonymous,While the family can be somewhat used as...Anonymous,<BR/><BR/>While the family can be somewhat used as leverage, Madoff is the one who has ALL the information that "society" requires.RAIDER OF THE LOST BARKhttps://www.blogger.com/profile/00188350356797885392noreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-40489813858956778482009-03-14T18:05:00.000-04:002009-03-14T18:05:00.000-04:00Sentencing him for life would be a good deterrent ...Sentencing him for life would be a good deterrent for others. I think prosecutors should rather use his family as leverage to extract as much information as possible.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-70393219588186561032009-03-14T17:38:00.000-04:002009-03-14T17:38:00.000-04:00Anonymous,While seeking "Revenge," is understanda...Anonymous,<BR/><BR/>While seeking "Revenge," is understandable, it would serve little in this case. <BR/><BR/>There is an enormous amount of cash sitting in offshore accounts and feeder funds that could repatriated, then distributed to the investors. There is also the long list of individuals who helped him accumulate those billions, and should be brought to justice. And let's not forget that Madoff was able to get around the regulators. That part of the system is also broken, and needs fixing.<BR/><BR/>How does "Revenge," if it is the principal priority, deal with any of that?RAIDER OF THE LOST BARKhttps://www.blogger.com/profile/00188350356797885392noreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-60900540041340593172009-03-14T02:19:00.000-04:002009-03-14T02:19:00.000-04:00I think you mean to say "take justice out of the e...I think you mean to say "take justice out of the equation," since that's what your blog posting amounts to. "Revenge" is proper in cases of fraud, and it's called "justice."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-658005950706265601.post-30744623886434082182009-03-14T01:43:00.000-04:002009-03-14T01:43:00.000-04:00brilliant. just as long as he doesn't actually see...brilliant. just as long as he doesn't actually see daylight.Anonymousnoreply@blogger.com