Worked this morning and then had a coffee and read the newspaper for a while. I was reading about how the gov is selling madoffs house for 6 million or so. If I was a journalist I think I would write a piece on Madoff with a different slant just for the heck of it.
i mean, i comprehend that he took a lot of money but it seems that thats as far as the media likes to go. then everybody gets all up in arms demanding punishment. this is my article's title:
MADOFF STEALS MILLIONS from people that will be recompensated by investment insurers who were responsible for checking the validity of the investments in the first place.
Its not like he beat up children and stole their money. The investors that sought him out had heard that they could make a lot of money if they disregarded the possibility that it was an illegal enterprise. The people that lost their money had no interest in checking the legality of their investments and didnt ask questions because they knew that they wouldnt like the answers. But back to my title, they are going to be repaid anyways because all of the investments were insured by companies who also knew that the validity of madoffs investments were questionable. and then the government profits by seizing his assets and selling them to the same people that were already compensated for their losses.
Oh and the article about the guy that killed the kid is on page 26 under the car advertisements.