Tuesday, August 28, 2018

Getting To Know Bernie Madoff

WHEN I RETIRED I decided to invest half of my life savings in a somewhat high risk, high return venture, contrary to conventional wisdom. My money vanished into the pocket of a scam artist investment broker, half my retirement savings, gone forever. I filed a complaint with the local police, the FBI, and the District Attorney, for good measure. Walking into an FBI office is an adventure in its own right; all black, silver, and glass, foot thick doors, no smiles. The person who stole my money is currently under criminal indictment, after months of awaiting this development. it turns out that while posing as a legitimate investment broker,, this person has been "making a living" by simply walking off with the hard earned money of small investors, usually to the tune of several thousand dollars per duped investor. his method, of course, is to sweet talk the mark, luring in investors with promises of guaranteed rich returns; he give a very convincing presentation, well rehearsed. You just cannot afford to miss out on this wonderful opportunity, the whole speel. After the fact, when you realize you've been had, you feel humiliated as well as impoverished. He's facing felony raps in double figures, numerous victims, and, assuming justice is served, will do significant time in the pen. obviously, this criminal began his career with an opportunity to make a good, honest living in the financial services industry, then went bad. he got impatient, and greedy, and saw an opportunity for get rich quick wealth, evidently. When his first scams worked easily, why not keep going? Then, it must have become addictive. he'll have ample opportunity to conquer his addiction behind bars. Does this remind you of anybody in particular? Remember the name "Bernie Madoff", the king of Wall Street? He stole more money than anybody in American history, with the possible exception of teh U.S. government itself. Bernie has been behind bars for several years now. to this day he says he does not know why he did it, why he ran his massive ponzi scheme over several decades. he says he knew he would eventually get caught. he already had more than enough money legitimately earned. He's in therapy, trying to figure himself out, and from the sake of the societal learning curve, let's hope he does. It should be interesting, and informative. I hope my man does the same thing, figures himself out behind bars. He could have had nice income,nice house, nice car, nice girl, nice kids by staying legal. Unlike Bernie, my man'll be free someday, free to choose between helping or hurting people, including himself. I wish him all the luck in toe world.

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