Leave it to some aspiring comedian to come up with the "official" blog of accused fraudster Bernard Madoff.That's right someone writing under the pen name "Not the Devil" offers readers Madoff's "opinions" on the a variety of issues and Wall Street personalities. The results can be amusing, particularly if you did not lose money in Madoff's immense Ponzi scheme.
The blog takes aim at the media's fascination with Madoff. "To whoever it was that managed to get yourself a bi-line in today's Sunday business section: You need to get more credible people to comment; a former FBI agent portrays me as a 'psychopath," the fake Madoff argues.
He also takes some shots at former Merrill Lynch Chief Executive/Interior designer John Thain, saying his decision to put his Park Avenue residence in his wife's name more than a year ago "shows that you're a long-term thinker." Former Lehman Brothers CEO Richard Fuld is castigated for her widely derided testimony before the U.S. Congress last year and his decision to transfer title of his mansion to his wife for $100.
"Well, we've got a pretty disciplined compliance program here, and I'm not sure you'd be able to abide by our kind of rules," "Madoff" says of Fuld.
Don't be surprised if the real Madoff breaks his silence one day. Even the alleged mastermind of the world's largest Ponzi scheme needs to attempt to win over sympathy from the public. Richard Nixon eventually spoke about Watergate to David Frost. Embattled Illinois Gov. Rod Blagojevich is making the media rounds as his impeachment trial gets under way.
Why not Madoff?
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Reader Comments (Page 1 of 1)
1-26-2009 @ 6:57PM
paul s said...
Ninety-nine per cent of America was not invested with Bernie Madoff. Those who did were greedy suckers who got played. Why don't you discuss the scumbags who touted mutual funds and then conned everyone to invest in them through lock boxes like 401 K's (you remember the line "it's free money, your employer matches what you put in"). It was like shooting fish in a barrel. Madoff had a lot of chutzpah. God bless him. The clowns who gave him the money,they should look in their mirrors. That is where they will find the one to blame.
1-27-2009 @ 5:52AM
Ben said...
That Bernie blog has more than just inside jokes--read between the lines and it seems that this fellow has some inside knowledge as well....www.bernard-madoff-scam.blogspot.com