Ethics Dunce: Bernie Madoff, Now and Forever

Would I rather have Charlie or Bernie on the loose? Tough call...

Bernie Madoff, reports the New York Times, is feeling mistreated.

Two years into his 150 year sentence for defrauding hundreds of investors, destroying dozens of charities, and crushing the financial security of people who trusted him with their future, Madoff thinks it was unfair for Judge Denny Chin, who sentenced him, to make certain that he would die in prison. Accusing Chin of having “zero understanding of the industry”—meaning what, I wonder; that it was normal for the investment industry to set out to ruin people?—-and saying that he was being made a scapegoat while Wall Street firms and government officials “walk away free,” Madoff told reporter Ben Weiser, “Remember, they caused the recession, not me.”

Yes, and the Crusades started the chain of events that led to 9-11, and Teddy Roosevelt’s Asian policies lit the fuse for Pearl Harbor. Continue reading