This article does not say anything about the charities that will have to be closed, about the thousands who will lose their jobs, about the people who lost their life- savings. It also does not say anything about the evil of taking advantage of the trust of friends. It too does not relate to the significant damage in caused to the world of Jewish philanthropy.
One wonders if Mr. Madoff has some kind of explanation for what he did. One possibility is that he started out with good intentions but when he saw he could not keep an honest business going began to build his pyramid - scheme of deception.

Madoff is under house arrest with an ankle monitor in HIS OWN HOME? He faces ONLY 10 YEARS in prison if convicted and can be fined ONLY 5 measly million????!!!!!! IT'S NO WONDER HE TOOK THE CHANCE TO STEAL EVERYONE'S MONEY!!! LOOK HOW LONG HE GOT AWAY WITH IT AND LOOK AT WHAT A SMALL PENALTY HE WILL PAY FOR ALL OF THE MISERY HE INFLICTED!!!! We give people who rob banks whether they get to spend the money or not VERY harsh prison terms. All I can say is that he deserves a FIRING SQUAD.

Maybe he ripped off the wrong people: the mob, terrorist organizations or just someone with a death wish. Someone will probably get to this guy .... not that I would wish that on anyone.

Arvedlund's 2001 article ( http://online.barrons.com/article/SB122973813073623485.html ) really drives home the idea that Madoff was simply supplying a demand: dreamily consistent returns to those who were content to stick their heads in the sand.

Dr. Tantillo did a short post on his marketing blog ( http://blog.marketingdoctor.tv/2008/12/18/marketing-advisory-madoff-knew-his-target-market.aspx ) when this story first hit, explaining how Madoff's success can be attributed to knowing his Target Market (not that he condones his behavior...).

"He knew not to promise sophisticated people unsophisticated (read “extravagant”) returns. In other words, he knew people would walk away if he promised them the sun and moon, but 10 to 15% seemed about right. He was also reportedly very selective —not everyone could become a client— and that kind of exclusivity, if exerted by a credible party (like Madoff seemed to be), can have real power."

This article ( http://www.pressofatlanticcity.com/145/story/356082.html ) is one of the more interesting ones I've read on the matter, reminding us that cons, like violence, are disproportionately 'intra' rather than 'inter' - perhaps because it's easier to target the market that we know best (those most like ourselves)?

Madoff should, must, plead insanity. It's the only way his Swiss private bankers and other intermediaries can save their own skin. Madoff is by far not the biggest culprit in all this, but having now turned a scapegoat, he has the right to run whereto he still can run...

How many more Madoff's are out there to be on this list for 2009 - having started with their "building of trust" project years ago??? An isolated case, or a Classic Class Action?

- Homme

I think this is an isolated case, however it will have repercussions. I am what those of the Jewish faith call a gentile. I have had some friends, so I have a little insight. Madoff was in a certain position, that of trust and he violated it. To my knowledge, this is unheard of. The people he will damage most are the Jews, not only the ones that were investors, but those of the faith in general.
Beats hell out of me, but if those with the JMT title start to go corrupt, the world has a major problem.

Arvedlund's 2001 article Arvedlund's 2001 article really drives home the idea that Madoff was simply supplying a demand: dreamily consistent returns to those who were content to stick their heads in the sand.

Dr. Tantillo did a short post on his marketing blog when this story first hit, explaining how Madoff's success can be attributed to knowing his Target Market (not that he condones his behavior...).

"He knew not to promise sophisticated people unsophisticated (read “extravagant”) returns. In other words, he knew people would walk away if he promised them the sun and moon, but 10 to 15% seemed about right. He was also reportedly very selective —not everyone could become a client— and that kind of exclusivity, if exerted by a credible party (like Madoff seemed to be), can have real power."

This article is one of the more interesting ones I've read on the matter, reminding us that cons, like violence, are disproportionately 'intra' rather than 'inter' - perhaps because it's easier to target the market that we know best (those most like ourselves)?

Enron, Worldcom, AIG, Lehman, Madoff... America is open for business!

It is hilarious!
The 50 Billion Dollar Jew screwing the Holocaust profiteers. Some may say, it is poetic jusice. These people have besmirched the memory of the genuine victims of the Holocaust, making nothing but money off their misfortune. My heart bleeds especially for this obnoxious jerk Eli "Weasel"! He might have to get a job!

It is wonderful!

Many 'investors' thought Madoff was privy to inside nformation...they were complicit in the crime...this is poetic justice....some of course are truly victims