Friday, June 26, 2009

The latest Madoff news...

Speaking of penalties for fraud perpetrators and their families, the Wall Street Journal just reported that Ruth Madoff, Bernie's wife, has agreed to give up about $80 million in assets while she will be able to keep $2.5 million in cash. I wonder if some of the many less fortunate victims of Madoff's $50 billion Ponzi scheme who are now broke would like to have $2.5 million in cash right now...

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