Sunday, 12 December 2010

Mark Madoff pays the ultimate price

Today, it has been announced that Mark Madoff (aged 46), one of Bernie Madoff's two sons, was found hanged in Mahattan (in an apparent suicide).
Neither Mark Madoff, nor his brother, Andrew, were charged by US federal prosecutors with any criminal offence in connection with their father's multi-billion dollar Ponzi fraud. However, Mark Madoff was facing various civil lawsuits filed by some of his father's victims, in which he was accused of 'failing to protect investors' assets' and of 'improperly receiving $66 millions to buy luxury homes.'
This sombre news should be seen as a salutary warning to the remaining racketeer-authors of the financially-suicidal, closed-market fairy-tale; particularly; those who also continue to peddle the closed-logic belief that all things are justified in the pursuit of the 'Dream' of unlimited wealth.
David Brear (copyright 2010)

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