Wednesday, March 04, 2009

Hey Moogs, Would You Buy That for a Quarter?!

NEW YORK (CBS) ― Bernie Madoff is accused of fleecing his clients out of billions, but he said Monday he shouldn't be forced into the poorhouse.

His lawyers are arguing that Madoff should be entitled to keep the $7 million apartment he's currently being held in while under house arrest and $62 million, including $45 million in municipal bonds.

Court papers filed on Monday state that Madoff and his lawyer say the Manhattan penthouse and the millions held in accounts of Madoff's wife, Ruth, are not subject to seizure.

The court papers say Madoff claims the apartment and the money are unrelated to a $50 billion fraud Madoff has been accused of carrying out.

Yes, this is money he made honestly. He says it so it must be true. The $50 billion? He must have blown on fast women and cars. Yet another case of how stupid do you think we are.

If he only bought his house in Florida, it would have been untouchable.


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