Put madoff and all the people he ripped off into a room and shut the door.
Coffee Break #6 - Where did that hour go?!!
What annoys me even more is that there will no doubt be lawsuits against the SEC and the government, so guess who will pay???
I am not THAT savy about such matters so I stay with the trusted money managers I have.
Its too bad for the people who wont get anything back. Can they find and confiscate his assets?
Probably not those he hid with family members.
the SEC should have looked into this closer after hearing the whistle blower on 60 minutes a few weeks back.
ge there were trusted money managers that funneled investments to him - always make sure investments are diversified
Of course they should have and people there should be held to account. But I go back to my three-card monte analogy. If I'm dumb enough to lose my money with them, it's not the fault of the police, it's my own.
They can, and probably will, get all his assets - even the ones in others' names. Still won't come close to what he stole.
Got that covered,
nothing has stopped the shrinkage of my accounts.
I'm in the same boat as everyone else.
I don't get how the IRS did not catch it. The people paid capital gains taxes. All sales are reported to the IRS. They then match up the records from your return to the brokerage reports.
you have a point
150 years isnt good enough.If he lasts that long.
Great Jay Leno comment last night, on the news today.
"150 years in Jail?
Lets see how HE likes someone else handling HIS assets behind bars" snigger-snigger
This message was edited Mar 12, 2009 12:01 PM
another good point - they were sending out phoney 1099's they were obvoiusly not checking the fund returns
Good line, Jo Ann!
Hey anybody miss me???? Stinking telelphone guys knocked out my dsl...my fax line doesn't work now....man these guys are STUPID!!!
Thought you were too busy to post. I hope they replaced their work without charge.
They better have not charged you!
Welcome back! I thought I hadn't heard from you recently. Now I know why!
Sorry, did you say something, Jen?^_^
Ha ha Victor...real funny....
They better not charge me...guy is coming back later to add another jack(which he should have done the first time around)guess they don't keep their trucks stocked???
You know how you can just tell when someone has no clue what they're doing? He got that glazed look when I told him what I needed...
of course they are the ONLY ones who can work on your phone lines so you're at their mercy.
I agree with Bill after seeing 60 Min.---the SEC was probably being paid well by Madoff---it said he did have relatives working at the SEC. And Jen---I, too, get a glazed look when something technical arises----but I know enough not to touch anything! The guy who set up my Comcast internet put in his own password, & never told us! We had to get Comcast to mail us the password, since they don't do it over the phone.
Sherrie, my rhodies on the NW side look like that every spring. I keep meaning to wrap them in burlap in the fall, or spray them with anti-dessicant, but I don't. They always survive, but it's not pretty.
My last Comcast tech was brilliant! What a rare bird. I even wrote a complimentary report to the company about him.
upon request here is Dave Barry's explaination of a colonoscopy
Ahh... the joys of being over 50 !!!!!
Colonoscopy journal:
I called my friend Andy Sable, a gastroenterologist, to make an appointment for a colonoscopy.
A few days later, in his office, Andy showed me a color diagram of the colon, a lengthy organ that appears to go all over the place, at one point passing briefly through Minneapolis.
Then Andy explained the colonoscopy procedure to me in a thorough, reassuring and patient manner.
I nodded thoughtfully, but I didn't really hear anything he said, because my brain was shrieking, quote, 'HE'S GOING TO STICK A
TUBE 17,000 FEET UP YOUR BEHIND!'
I left Andy's office with some written instructions, and a prescription for a product called 'MoviPrep,' which comes in a box large enough to hold a microwave oven.
I will discuss MoviPrep in detail later; for now suffice it to say that we must never allow it to fall into the hands ofAmerica 's enemies.
I spent the next several days productively sitting around being nervous. Then, on the day before my colonoscopy, I began my preparation.
In accordance with my instructions, I didn't eat any solid food that day; all I had was chicken broth, which is basically water, only with less flavor.
Then, in the evening, I took the MoviPrep.. You mix two packets of powder together in a one-liter plastic jug, then you fill it with lukewarm water... (For those unfamiliar with the metric system, a liter is about 32 gallons). Then you have to drink the whole jug. This takes about an hour, because MoviPrep tastes (and here I am being kind)like a mixture of goat spit and urinal cleanser, with just a hint of lemon.
The instructions for MoviPrep, clearly written by somebody with a great sense of humor, state that after you drink it, 'a loose, watery bowel movement may result.' This is kind of like saying that after you jump off your roof, you may experience contact with the ground.
MoviPrep is a nuclear laxative. I don't want to be too graphic, here, but: have you ever seen a space-shuttle launch? This is pretty much the MoviPrep experience, with you as the shuttle. There are times when you wish the commode had a seat belt. You spend several hours pretty much confined to the bathroom, spurting violently.. You eliminate everything. And then, when you figure you must be totally empty, you have to drink another liter of MoviPrep, at which point, as far as I can tell, your bowels travel into the future and start eliminating food that you have not even eaten yet.
After an action-packed evening, I finally got to sleep.
The next morning my wife drove me to the clinic. I was very nervous. Not only was I worried about the procedure, but I had been experiencing occasional return bouts of MoviPrep spurtage. I was thinking, 'What if I spurt on Andy?' How do you apologize to a friend for something like that? Flowers would not be enough..
At the clinic I had to sign many forms acknowledging that I understood and totally agreed with whatever the heck the forms said. Then they led me to a room full of oher colonoscopy people, where I went inside a little curtained space and took off my clothes and put on one of those hospital garments designed by sadist perverts, the kind that, when you put it on, makes you feel even more naked than when you are actually naked.
Then a nurse named Eddie put a little needle in a vein in my left hand. Ordinarily I would have fainted, but Eddie was very good, and I was already lying down. Eddie also told me that some people put vodka in their MoviPrep.
At first I was ticked off that I hadn't thought of this, but then I pondered what would happen if you got yourself too tipsy to make it to the bathroom, so you were staggering around in full Fire Hose Mode. You would have no choice but to burn your house.
When everything was ready, Eddie wheeled me into the procedure room, where Andy was waiting with a nurse and an anesthesiologist. I did not see the 17,000-foot tube, but I knew Andy had it hidden around there somewhere. I was seriously nervous at this point..
Andy had me roll over on my left side, and the anesthesiologist began hooking something up to the needle in my hand.
There was music playing in the room, and I realized that the song was 'Dancing Queen' by ABBA. I remarked to Andy that, of all the songs that could be playing during this particular procedure, 'Dancing Queen' had to be the least appropriate.
'You want me to turn it up?' said Andy, from somewhere behind me.
'Ha ha,' I said. And then it was time, the moment I had been dreading for more than a decade. If you are squeamish, prepare yourself, because I am going to tell you, in explicit detail, exactly what it was like.
I have no idea. Really. I slept through it. One moment, ABBA was yelling 'Dancing Queen, feel the beat of the tambourine,' and the next moment, I was back in the other room, waking up in a very mellow mood.
Andy was looking down at me and asking me how I felt. I felt excellent. I felt even more excellent when Andy told me that It was all over, and that my colon had passed with flying colors. I have never been prouder of an internal organ.
ABOUT THE WRITER
Dave Barry is a Pulitzer Prize-winning humor columnist for the Miami Herald.
On the subject of Colonoscopies...
Colonoscopies are no joke, but these comments during the exam were quite humorous..... A physician claimed that the following are actual comments made by his patients (predominately male) while he was performing their colonoscopies:
1. 'Take it easy, Doc. You're boldly going where no man has gone before!
2. 'Find Amelia Earhart yet?'
3. 'Can you hear me NOW?'
4. 'Are we there yet? Are we there yet? Are we there yet?'
5. 'You know, in Arkansas , we're now legally married.'
6. 'Any sign of the trapped miners, Chief?'
7. 'You put your left hand in, you take your left hand out...'
8. 'Hey! Now I know how a Muppet feels!'
9. 'If your hand doesn't fit, you must quit!
10. 'Hey Doc, let me know if you find my dignity.'
11. 'You used to be an executive at Enron, didn't you?'
12. 'God, now I know why I am not gay.'
And the best one of a ll.
13. 'Could you write a note for my wife saying that my head is not up there?'
rotfl
I would add, 'Your teeth need some work.'
This message was edited Mar 12, 2009 7:32 PM
Too funny! Sleeping right through it is nice.......
Thank you Bill!! Dave Barry always makes me laugh. This time was no exception.
Wow - check out the current Random Bug Image!
http://davesgarden.com/guides/bf/showimage/5427/
can you imagine being on one of your hikes and seeing that????
Wow how very patriotic.
Looks like a Rock Star
teehee
that is not a bug it is a crayfish - i use to catch those for bass fishing - never seen a blue one
hard to think anyone would think the baby lobster was a bug :)
That's exactly how my colonoscopy went. I chose the doctor in the network by his name. Dr. Butt No lie - really. I figured I couldn't go wrong with a name like that. It was painless.
That is the coolest-looking crayfish!!!
There is a connection. Popular saying - do you have a bug up your ***? Crayfish are just underwater bugs, like shrimp.
The noon news on the Boston stations had that survey. There is so much violence on TV (because it is dramatic) and in some homes, or bullying in schools that teens think it is normal. Some school systems are working agoainst bullying, but there is a long way to go.
Not to mention the video games and on the internet.
It is the only way that some people can think of drama.